Does Wipro payout the variable compensation quarterly? Is it 100% of the variable component or less usually?

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You will get 100%, if you are upto band B3(Technical Lead) and allocated to protect. Above B3 it depends on several other parameters.

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i am being offered M1 -Architect in a project

They should pay Full, because apart from that their is Nothing else in terms of perks and Benefits or bonus or etc.

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What is M1 band? There is no M band in Wipro..For Architect role it must be C1 or C2 bands..

C1 I guess then.. what is the variable payout like for C1 C2?

Mostly 100% if you are billed constantly and the organisation is performing good!

You might get more than 100% also. Am an architect and pre corona I used to get any where between 104% to 130% and that too quarterly. This is the best thing about Wipro. The variable pay is paid quarterly and for architect stream you generally get more than 100 pc of you have been billable throughout

No company gives you any sort of guarantee on variable.. its always based on individual and the business unit performance or the company profits..

On 12th Aug 2022, WIPRO Company HeadHR announced that No Variable pay for all employees in band C and above while 70% payout for employees in Bands A, B.

This update is for Q1

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