Product Manager

Offer 13LPA  
 Fixed 90% 
 Variable 10% 
 No joining bonus

Data engineer

Software Engineer

I have 3.2 years of experience. I received an offer letter from a data analytics startup. They want me to sign a 2years bond and on breaking the bond I need to pay 2lakhs. In my current organizatio...

Welcome to IT Company Discussion's Private Community

I have 3.2 years of experience.
I received an offer letter from a data analytics startup.
They want me to sign a 2years bond and on breaking the bond I need to pay 2lakhs.
In my current organization we have 1yr bond so I am apprehensive, is a 2 year bond period norm in the data analytics companies?

Please share pros and cons or any experience about the 2year bond period for an experienced candidate.

24months bond period for experienced candidate

24months bond period for experienced candidate- Grapevine

Welcome to Software Engineers's Private Community

One of my friends, who is highly talented and an adept competitive programmer, recently received an offer from "Tech Mahindra" with a package of 3.25 LPA and a 2.5-year service bond. Given the current tough economic climate, should he accept this offer or wait and prepare for better opportunities? Additionally, if anyone can refer him to opportunities in their current company, it would be greatly appreciated. Thanks for your help and insights!

Seeking Advise !!!

Hello grapevine folks. I am a 4th year student from tier 2 college and Yamaha Solutions is visiting our college for placement drive.

They are offering 6 months internship (40k stipend) and 10 lpa package but it comes with a 2 year bond. If broken there will be 1lakh penalty.

Should I consider this company? I have apprehension regarding bond.

Yamaha Placement Drive

I have employment bond of 1 year, I just completed 2 months here and I’m not liking the old technology (80’s technology) I’ve been assigned here. The salary is hardly sufficient to lead a basic life too. 
I'm getting calls from Naukri for Java backend roles where I could see myself in the future. 

How do I handle notice period of 3 months if I get an offer and do I really have to pay them 1 lakh as penalty if I leave ?

Employment bond

System Engineer

Hey all,

I could really use some advice here. I'm a software developer working in a small service-based company, and I've been here for 1.5 years. My initial contract is ending this month, and now I have to decide whether to sign another bond to stay for another year.

Here's the thing: I don't want to sign the bond. I feel like it's time to explore new opportunities, but I'm also worried about the job market. I currently don't have any offers on hand.

For context, I'm working in Surat and I'm open to opportunities in Hyderabad, Bangalore, Chennai, and Coimbatore. My current CTC is 2.5 LPA, and if I stay, I'll get a bump to 3.8 LPA.

Should I take the risk and start applying to new jobs, or should I play it safe and stick around for another year? How hard is it to get a job in those cities right now? Any advice or experiences you can share would be greatly appreciated!

Thanks!

Stuck in a situation! Please share your advices, experiences

Software Developer

[Advice Needed] Stuck in a Dilemma: Should I Stay or Should I Go?

I resigned from TCS after serving for about 11 month just 1 month short of 12 month bond period of 50k
They want to me pay somewhere around 48k adjusted with leave available at that time. It's been more than 2 years now. I received a notice from a third party law firm ( not court ) asking to pay a bond amount which is around 48k + interest @18%.
What can be done in this scenario also my monthly payment was around 22k at TCS It seems they want to take all what they gave me no value for my 11 month of work.When i look back I don't see any good of joining TCS it is very frustrating. They did not send any court notice but if they go without sending after  sometime at this rate of @18 they gonna ask my personal property this is the best business model i think as of now I don't know which FD or mutual fund gives 18 % return.

TCS BOND Culture

Welcome to Business Roles's Private Community

Is 18 months employment bonds valid in India ??

Employment bonds

Learning And Development

Welcome to Data Scientists's Private Community

I'm a data scientist and very disgruntled with my current team and manager. It's very clear I would not like to grow in my current team in the long run. A lateral move to another team wouldn't really benefit me (esp. my compensation). I've made a decision to skill up and look for opportunities outside. 

For context -I am currently making 21lpa at a bank. I have about 2 years of work ex. When I joined my org two years ago, I was making about the same and so I've seen barely any salary growth in the last two years.

Questions:

1. Does the market pay higher than this for a data scientist with 2 years of experience? What companies to focus on?

2. What should I focus on to clear interviews? My current was through campus placement so I'm not very experienced with looking for jobs on my own.

Data Scientist - Ideas for growth in the next 6-12 months?

Data Scientist

I was wondering if a person with 12 years and above experience in a manager position with a consulting firm or a product manager in a product firm should opt for an Executive MBA? 

Will it add more finesse to the person's career skills or is it just for the sake of a tag?

24months bond period for experienced candidate

Discover More

Software Engineers on

by Jordon Olive

Swiggy

Seeking Advise !!!

Misc on

by Karilyn Taye

Student

Yamaha Placement Drive

Misc on

by Jordon Hyrum

Google

Employment bond

Layoffs on

by Jordon Lee

Stealth

Stuck in a situation! Please share your advices, experiences

Software Engineers on

by Aaron Carmden

Stealth

[Advice Needed] Stuck in a Dilemma: Should I Stay or Should I Go?

Bangalore on

by Kendall Lee

Cxo

TCS BOND Culture

Business Roles on

by Anise Dean

Ameriprise Financial

Employment bonds

Data Scientists on

by Jordon Hyrum

American Express

Data Scientist - Ideas for growth in the next 6-12 months?

Business Roles on

by Dezi Carmden

IBM

Executive MBA after 12-13 years of work experience. Is it worth it? Please share your thoughts