The stock is up that much precisely because the employee pay hasn't been keeping up!

Software Engineer

Welcome to News Discussion's Private Community

TCS stock in last 5 years: 📈 73%. My salary in last few years: 📈🥜

Systems Architect

TCS stock in last 5 years: 📈 73%. My salary in last few years: 📈🥜- Grapevine

What was your first ever CTC and what's your current CTC with YoE?

I'll start - 1.6 to 9.8 in 4 years.

This post is intended to give hope to freshers and motivation to experienced folks.

Pulse Check :

1 lakh 80 thousand per year 
 Now 1 lakh 85 thousand per month 
 Years taken 11

Account Executive

Since we are seeing a lot of layoffs, a lot of companies are using this as an excuse to provide less increment this year. Interested to know what sort of increments are you’ll getting this year and how much did you get last year?

Increment this year?

I got a good hike this year. Around 34% mostly because I got promoted and my hike in the previous year was shit. I work in finance

Analyst

Product Owner

Welcome to IT Company Discussion's Private Community

TCS has consistently provided 100% variable pay to its junior employees over the past few quarters. The company has also announced salary increments ranging from 4.5% to 7% for its employees, with top performers receiving double-digit raises.

Salary Hikes

Business Analyst

TCS organises an internal exam called "Wings 1" by which the new joiners can double up their salary. (They get extra incentives, it's added as a separate item in Salary Slip).

• No Fairness
• No transparency 
, just hope so that you get stuck in the loop.

So they organise this 3 times in a year so that they can cover the whole year. (Selling Hope of Getting Cleared Every Cycle).

> A few months back they changed rules as most of the people were on the verge of clearing it.
> There is no particular syllabus for most of the exams.
> If you are on the verge of clearing Required Tracks, you will potentially end up getting failed in one of them for sure.(you'll never know why !)
> There's no marking scheme.
> The exam centres are 50-60KMs away.
> You can't even see how many marks you scored.
> The Result comes after a month, that too is sometimes delayed.(This is the same TCS which organises JEE etc exams).
> If more people are clearing, they reshuffle marks (Happened in Earlier Cycle).
> Even after so many obstacles if you clear it: if your manager gives you C band it goes away...

they call themselves employee friendly 😂.

Most of the new joiners get stuck in this cycle & end up losing their precious time.

Someone should raise this issue. It should be in NEWS.

*********If someone is writing article on this then i can share SSs of Dashboard in ample amount which proves my point........

BlackHat Retention Tactics by TCS 👽

Welcome to Software Engineers's Private Community

So yeah a friend of mine got his salary deducted by 12%.
He got a D band as he came from onsite two months ago and took a leave, after which he was in bench for 1 month.
Now while checking revised compensation he noticed that his salary got deducted by 12%.
Pushing him back 2 years of increment.

On the other hand I got 4.5% increment for pulling 12 hours days.

Well guys this is it. TCS started salary deduction.

Data engineer

Welcome to Indian Startups's Private Community

I'm working at payU payment from 2 years and from last two years they are giving the increments in single digit, is the market is bad ? Last year I got 4% increment I was informed by my manager that company is not doing good same has happened this year again I got only 4% incriment. In my team I have seen people are getting 8-10% also and in other team few have got 12% also, however I feel even 12% is the highest still it seems too low. is this is happening everywhere or it's just payU?

How do the increments happen this year?

TCS is one of the biggest IT companies in India, so I am assuming they pay their employees well. One of my acquaintances was really upset that he got only a 2% hike, which is really very low. Is this an exception, or is this how much hike they give in TCS?

TCS hike 2024

IT Assistant

Hi,

I have been working in the Software Industry for the past 9 years. I feel like I have made a good use of my time and money and maybe some of my lessons can help you folks as well. Recently did a calculation for my NW and I am happy and proud to see my NW crossing 2CR+. I have 0 debt and do not own a house. Here is how my portfolio look like

TC: 1.3 Cr
YOE: 9

I am happy to do an AMA. Ask me anything about tech, career, love, marriage, money management, therapy, songs and movies.
#Ask Me Anything #ama #amazon #atlassian #google #startups #bengaluru #networth #money management #finance #india

Sorry if delay in responses, I'll answer all your questions eventually.

[AMA] 9 years in Software Engineering in India. NW 2.5Cr

I see a lot of similar questions and I'll try to answer them here.

>>>>>>CTC Progression<<<<

My current CTC is 1.3CR . 50% is cash, 50% is stocks.

Here is my CTC progression over the years

1st - 12L
2nd - 12L (Switched Companies)
3rd - 15L 
4th - 24L (Switched companies)
5th - 42L (Switched Companies)
6th - 48L
7th - 66L
8th - 72L
9th - 1.3Cr (Switched Companies)

As you can see I almost everytimg doubled my compensation when I switched my companies. But there are reasons to stay at a company as well. If you are learning and are able to handle different problems at scale, stay. When you feel stuck, leave and look for better opportunities. I have never switched job to get more money. I love CS. I have been coding since 15 years. What made me switch was either bad managers, uninteresting problems not visibility of learning and growth.

Welcome to Personal Finance's Private Community

Heard the market is back roaring again for some. We are so coming back.

Appraisal Season '24: What was your last salary and what is your current salary?

Product Manager

Is this good? Candidate is currently working with Infosys @4.5LPA.

TCS Salary breakup for 4 years Experience

Software Developer

Guys i have exact 3 years of experience in analytics and I am underpaid.  Planning to switch.  Max how much I can expect and get as a person with 3 years of experience.

How much companies are paying?

Data Consultant

Mujhe TCS join karna hai

TCS Salary after 9 years (AST & ITA). TCS is known for its super great yearly & promotion hikes & this video is the example.#TCS #IT #Salary

TCS Salary After 9 Years (Shocking Salary😂)

Founder

CTC or GTFO

UX/UI Designer

Welcome to Confessions's Private Community

Do not join TCS at the early stage of life with a low salary with expectations that it will grow after a year or two as promotions are very slow. 
If you are getting a role with a salary up to the mark go ahead but the promotions and hike totally depends on the project. As I know the hike at TCS is between 2% to 5%.
Also promotions do not depend on your performance, even if you perform outstanding you might end up getting a 2% hike. Not worth it right. 
Promotions totally depend upon your behavior with your TL and manager. Even if the person does not work but does the chamchagiri of them it works. 
Once the project you are working in RAMPS Down the RMG people helps to ruin your life after that. RMG in Tcs needs proper training to allocate the manpower to proper process.

Welcome to Business Roles's Private Community

Share your progress - the journey.
- Where did you begin and where are you now?
- What motivated you to go the extra mile? 
- Where do you see yourself in the next few years?
- What did you do differently then the rest of the pack?

This can serve as a motivation to those of us who wants to improve and as a appreciation for some of us who made themselves a stellar career.

Eager to hear your stories. 🔥

What has been your career/salary progression so far?

2018 - 7.2LPA ( Services startup ) 
 2019 - 15LPA ( Hike ) 
 2020 - 21LPA ( Switch ) 
 2021 - 27LPA ( Hike ) 
 2022 - 33 LPA ( Hike ) 
 2023 - 72 LPA ( Switch ) 
  
 Sorry. Should have posted mine first :)

TCS stock in last 5 years: 📈 73%. My salary in last few years: 📈🥜

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