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Is it crazy of a company to give salary, The 1st week of the current month?

Growth Marketer

Is it crazy of a company to give salary, The 1st week of the current month?- Grapevine

Sounds like a pipe dream. But do companies like this exist?

Any company that pays salary of the current month @ the start of the month?

Is it common for companies to give you a salary on 5-10 date of next month ?

Salary receiving Date

Frontend Engineer

Welcome to Office Gossip's Private Community

I know Nokia credits salary around 20th of the month. 
Do you all know other companies that do this?

Companies that credit salary early

Technical Writer

Hi guys hope you are all doing well and if not I wish you do super soon.

I just had this question in my mind as why the companies hold/delay the salaries to employees and give it back to them after 3-9 days of delay on the new month when the actual salary count is calculated between 1-30/31st of every previous month.

Is there any specific reason?

Hold of salary

Strategy & Operations

Welcome to Personal Finance's Private Community

I am in my final year of engineering and I got an offer from Cisco for the role of Software Engineer which I have accepted. After seeing the Bangalore's astronomically high deposit and rent I wanted to know does Cisco pays this relocation bonus in advance of joining as I won't be able to afford to pay for deposit of flats upfront?

Thanks in Advance

When does Cisco pays relocation bonus?

Guess which company?
This is a BLR based gaming “startup” that employs more than 300 people.
They delay salaries on the last day of month at 4:30pm by making an HR newbie to post a random ass sorry message.

What are the employees supposed to do?
Isn’t salary disbursement the highest priority task for a finance team ?

These morons boast a “Great Place to Work” tag on their main door.
What a waste 😂
Playsimple Games

Salary delayed twice in 4 months

Product Manager

In my BGV process it was found that I was a junior DS in one of the previous orgs. In my resume I mentioned it as just DS, without the 'junior'.
The HR has informed this has come up as a red flag from the BGV company.

This is weird. Has this ever happened to anyone and will this lead to termination? If yes, do they also ask to pay back the salaries? I have already worked for 3 months here.

Question on background verification

Senior Data Scientist

Welcome to Software Engineers's Private Community

Dunzo has once more failed to deliver on its promise of crediting August salaries today, leaving employees frustrated. Employees were assured on last Thursday that the salaries would be credited today but yet another mail came in with the news of salaries being rolled out by this week. Words are cheap and the leadership hasn’t even addressed any of these concerns since a month now!

Dunzo again says “we regret” for the nth time

Ask them if CXO’s are taking salaries or not, i am sure they would be just making fool of the employees

Engineering Manager

Machine Learning Engineer

The company haven’t paid us 3-6months of salary saying that there’s a delay in raising VC funds. They also didn’t pay TDS and gave us Form 16 for ITR. 

I reached out to our client company where I worked briefly and they were happy to offer me a job there. I’m dangerously out of money in savings and it’s still uncertain in my current company about any funds. So I have given a early date to him because I really need their salary and joining bonus to survive actually. I thought I can immediately relieve from my current company as I don’t have finished projects and haven’t involve in new. But they are not responding to my calls and mail requesting for immediate resignation. 


What should I do now ?

My company is delaying acceptance to my resignation

Acceptance of resignation has no value, the day you resigned is considered for notice period start date.

Software Engineer

Hi! So I had been interviewing for a startup and I finally heard back from them with an offer but the numbers are way below my expectations. I had quoted a 25% raise from my prev pay of 1.5 years — which I know from folks around would have been their budget for the role as well. 

But they have lowballed me offering me a 10% increase on my base pay + no ballpark on the variable bonus. Now I am confused about a few things 

1. They said they normally just offer a 10% hike on prev salary to all new joinees (which is a little shady to me bec I’m sure they had a budget of their own for each role) 

2. They are saying my year end bonus will be based on performance but are not even giving me a ballpark (bonus could be a 10K INR also and a month’s salary also. The range is huge) 

3. They are saying the reason they don’t offer market standard right on joining is because in the past even after rigorous rounds of interviews, they have seen poor performers in the team despite the good pay. 
(My question is: how is that my problem and not your hiring manager’s? Because you have been historically bad at setting up a good hiring process and judgment - is not MY PROBLEM. This just reeks of your low trust in me even before I have joined. And I don’t know if that’s a great thing) 


Final question: is this giving 🚩🚩? Please help me assess + also any other reccos on how to handle or negotiate this bec as much as the role is exciting to me, the numbers are just not pleasant

Shady Company Hiring Practice

Product Marketing Manager

Welcome to IT Company Discussion's Private Community

One of my friends is in financial crunch and he is changing his present company. Can he request his new employer to pay him joining bonus at the first day itself ? Is it a legitimate ask ? Can anyone please suggest.

Asking joining bonus at first day of employment

Not able to get into HR rounds after doing well in technical interviews. 

Comp1: cleared 5 technical rounds.  They asked me to come in person for a particular date, informed me that date and time will be informed later. After a week got rejection mail. 

Comp2: Done well in the technical round. Profile was in process status  in the company portal for the last 45 days.  Today I got a rejection mail. 

Mera life ithna kharab hogaya.... Ithna kharab hogaya..

Ghosting companies

Cloud Architect

i have received some amount today from Cognizant as salary today. But the catch is that I worked in Cognizant a year ago ( left around Sept 2022 ) . And even joined another company which i resigned from this july. Right now i am on a break from work unemployed due to medical reasons. And i really got some amount today as salary. I am confused - my F&F was settled last year only . can i contact someone at Cognizant ? did they do a mistake ?

Received random salary a year later

UX/UI Designer

Like before appraisal which you know you’ll get “chillars”. Mid year or before appraisal.

What is the best time in year to switch company?

Software Developer

I'm unable to understand what sort of entitlement does the leadership hold to ask their employees to work their ass off without any compensation for their efforts.

Like literally bro just said that it's a 7 day work week for the next quarter and fuck your personal life and doesn't even bother to highlight that there would be any gratification for the same.

The mid-senior leadership just acts as pawns and complies with this and in case you highlight this shit show you're fired.

Fuckall Leadership

Make a fake profile on LinkedIn, post this mail there, tag a bunch of people and make this asshole famous. 
  
 Fuck this shit, seriously!

Growth Manager

There's a clause in my offer letter mentioning I won't be paid for the entirety of my notice period until my exit date. Unfortunately due to problems in my previous company, I didn't go through that section properly and agreed to it. I wanted to ask if it's legal first and if not, what options do I have?

Is it crazy of a company to give salary, The 1st week of the current month?

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