Dear Team, I hope most of you are aware about revision of salary structure in some of the IT companies from 90:10 to 70:30 (fixed:variable). My company is also planning to follow the same.
As per my knowledge, we can't reduce the fixed salary to increase the variable component as it's against the law. But I am not sure how other companies are doing it. Can anyone please advice me on this, is it allowed to reduce the fixed component to increase the variable?
As per my knowledge, we can't reduce the fixed salary to increase the variable component as it's against the law. But I am not sure how other companies are doing it. Can anyone please advice me on this, is it allowed to reduce the fixed component to increase the variable?