Salesforce ES team, this image represents you.

Software Engineer

Will you choose old vegetables or fresh vegetables?.

The example you are trying to share is incorrect. 
  
 For human skills experience adds a different value. 
  
 It is more like in a sports team the experienced talented player who has been with the team is not being paid very less than the new addition who is almost similarly experienced and talented who have been working with another team. 
  
 Which is not fair IMHO

Software Test - QA

Human Resources

Welcome to IT Company Discussion's Private Community

The retention budget is in between

The retention budget is in between- Grapevine

I've come really bizarre cases of companies laying off some division(s) while actively hiring in other division(s).

Why do they not transfer some of the to-be laid-off employees to the other divisions?

Why layoff and not transfer internally?

Software Developer

Welcome to Salary Discussion's Private Community

Seeking Advice: Should I Stay or Move On?

Hi everyone,
I’m looking for some advice regarding a career decision. I currently have an offer of 15 LPA from a new company, but my current employer, TCS, is in the process of initiating a retention offer. I have around 7 years of experience in Business Analysis and Data analysis. And current salary is around 4.83 LPA.

Here’s where I need your input:

	•	How much can TCS typically offer in terms of retention?
	•	Is it worth staying for a retention offer, or should I go for the new opportunity?

A few more things to consider:

	•	The project I’m currently assigned to at TCS is in the initial stages, and I haven’t been actively involved in any work yet. It’s still at the requirements-gathering phase.
	•	Given this, should I push for a release or stay for the new project?

Would love to hear your experiences and any advice you can share. Thanks in advance.

How much retention money tcs gives?

Business Analyst

Welcome to Company Reviews's Private Community

@Wipro @WiproCareers @WiproHealth , why pay new joinees 3x higher while underpaying loyal employees? Each year, increments are on hold without reason, and no arrears are given. This unfair treatment needs to stop! #UnfairWipro #EmployeeRights #EqualPay #RespectLoyalty
Wipro

why pay new joinees 3x higher

Operation Manager

Welcome to Business Roles's Private Community

I have recently interviewed for a retention manager role in a startup. I don't have enough experience for this role. I'm currently working as a marketing intern in a startup, it's been 3 months. What package should I ask for this role? What should be the least that I should settle for?

Retention marketer/manager average CTC ?

Retention Manager

Welcome to Personal Finance's Private Community

This should include everything from home bills, entertainment, medical expenses, trips etc. When I was single (back in 2016), my expenses were around 20k per month.

Now I easily go above 1L every month (without rent, we live in our own house). My wife also works and she has her expenses too.

Not sure what’s the reason for it though. We live frugally and don’t spend lavishly (atleast I don’t think we do). I barely buy anything for myself (I use 1k earphones and buy clothes from decathalon). My wife is the same.

Is this common when you get married? That your expenses permanently increase? Or is there something I should be worried about? TIA

Married folks, what’s your average monthly expenses?

20 K + 20 K in 2016 -> approx 35 K + 35 K = 70 K (assuming 7% inflation over 8 years). 
  
 Extra 30 K can be attributed to your lifestyle increase, going out more often , more food ordering , better furniture, gym, medicines, insurance premiums , vehicle purchase, and maintenance if not included etc.

Corporate Strategist

Head Of Marketing

Welcome to Office Gossip's Private Community

Hi,
Does someone knows is September consider as promotion/hike cycle? 
I am aware there are 4 cycles - March, June, September and December. However, I have not seen anyone getting any promotion in September maybe I'm not that much aware about. I am in promotion pipeline and my manager told December so I want to know is September still considered as promotion/hike period, this information is very crucial for my career. Kindly share your thoughts!

ACCENTURE PROMOTION CYCLES

Welcome to News Discussion's Private Community

- The government has introduced three new employment-linked incentive schemes to address the job creation gap, aiming to create 50 lakh more jobs and upskill 20 lakh youth through upgraded Industrial Training Institutes over the next five years.
- Female employment has been a focus, with plans to set up working women's hostels and creches to help balance work and home duties, aiming to improve women's participation in the workforce.
- Corporate tax rates on foreign companies have been reduced from 40% to 35%, and the controversial angel tax on foreign investments in startups has been rolled back to support the startup ecosystem.
- The diamond cutting and polishing industry will benefit from the introduction of safe harbour rates, providing tax predictability and fostering a stable business environment.
- For personal income taxes, the new tax regime offers increased standard deductions and adjusted tax rates, but comes with higher capital gains taxes and changes to deductions on employer contributions to the National Pension Scheme. 

 Source: Finshots

Full Budget FY25: Key Highlights and Implications

Journalist

Welcome to Indian Startups's Private Community

EloElo is also like the chingari softporn app , Why VC's have funded them 22 million ? 🤔

Founder

I was hiring for a web designer in last role.
We had an internal referral, and I checked her portfolio before reaching out.
She had multiple projects, worked with many customers across countries, the designs were fresh and inviting, no clutter.

She was the one (for the role)!
Exactly what we were looking for. 

I had a budget of 25-30LPA, had quoted 19-24 LPA (because well)
Her expectations were 30-33 LPA

Cut to, she was the only one till final round and they were processing her offer letter at 31LPA


Find your star and make it shine bright!

[Storytime] Know your worth

LinkedIn swapped Grapevine (Akshay kumar gif ).

Consultant

It's funny how people expected lower taxes in the budget, but now they'll pay more on STCG and LTCG. No wonder over 5,000 millionaires, salaried individuals, and top talent are leaving the country every year.

Budget 2024...

As per new retentions ahead of mega auction for IPL 2025, guys post your favourite team and your expected retentions for the team. 
Total 6 retentions 5 capped+1 uncapped (2 overseas )

IPL 2025 Retentions!!!

I have joined tcs on 2022, now I have resigned. My manager said they will try to retain me. But no update after that . Any one knows will they retain only 2.5 yrs completed for me. If yes wt will be the process and how much time it wil  take

Hi . Retain process in Tcs

IT Assistant

What are generally the metrics used during layoffs ?

Is it division by division or each employee is vetted for his performance and contributions ?

Do high salaried folks generally targeted even if they have good performance and history with company ?

With the overall bleak atmosphere in startup ecosystem and lack of transparency in this process from employers wanted to know how are decisions made. Most say it is performance based in news, how true is that ?

Layoff Parameters

Indian companies and their obsession with "Hike on last drawn"

I joined a new position 4 months ago
After I accepted the offer, multiple sources told me I had left about 6-7L on the table

Yesterday I was going through the company's job site, and the difference between the starting salary and my salary is about 11L

Dead inside would be an understatement 

What can I do? Do I speak with my manager? 
If you were a manager, what would you do?

They obviously hand-twisted me to pay less, but damn so much saved. 

Please don't ask company name

Salary help

Budget so historic that your funds become history…

Having total  12 years 9 months   exp . currently working as principal consultant in oracle for past 2 years and 9 months  and receiving only 18 LPA .  how much i can expect in my next switch or shall i get offer and retain in oracle. how much oracle will pay for retaining employees ?

Getting minimum hike in oracle

Being an IT professional what are your expectations from this budget ?

What are the expectations from budget 2024 ??

Welcome to Software Engineers's Private Community

Why do companies pay better offer to new joiners rather than retaining existing employees?

Companies often prioritize cost optimization over the well-being of their employees. It seems there's a tendency for companies to offer more attractive pay packages to new hires rather than investing in retaining their existing workforce. 

This approach, aimed at bringing in fresh perspectives, has always led to dissatisfaction among current employees who feel undervalued.

In my experience, many professionals have encountered situations where significant salary hikes were only granted when they considered leaving their current positions. So, some companies do make efforts to retain talent.

So, job-switching becomes a necessary step to achieve substantial salary increases, as long-term loyalty to a company does not always result in proportional financial rewards.

The retention budget is in between

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