DancingDonut

LTIMindtree hikes

I am switching to LTIMindtree. I am informed that 2LPA is variable and I will get it twice as every year. HR also said I will get 100% variable since compny is doing well. Is it true? How are the hikes here in LTIMindtree?

3mo ago

3.2Kviews

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PrancingBiscuit

Cognizant3mo

Don't join LTIM worst work culture now, you have much better options out in the market

DancingDonut

EY3mo

Thanks for the suggestion. I am not planning to stay in the company for a long period.What about the hikes and variable pay though?

SqueakyJellybean

LTIMindtree3mo

Don’t expect hike and you can expect 90% of variable pay unless you’re top rated.

PerkyNoodle

Gojek3mo

I heard from a friend who works at Mindtree in non tech role. Almost everyone in nontech got only 2-4% hike despite the company performing very well. She also said most engineers got around 4 to 12% hike this year which is way less. They uses the merger as an excuse to give everyone a 1% hike.

Reach out to company employees on Linkedin and check before accepting the offer. I would suggest ask for more money while joining so even if hikes are low you won't be disappointed.

Companies will always do well in terms of revenue. HRs will use this as a pull to get you interested. But you can't blindly trust them on hike promises. So better go in with a good starting salary.

JazzyPickle

LTIMindtree7d

Company isn't performing well. Lol. It doesn't have projects, new biz. Look at its results. They are only keeping it well, by cost cutting, firing people silently

PerkyLlama

LTIMindtree2d

At least they got 1% 2% and 4% hikes. Imagine working in a support project and having rotational shifts, no leave has been taken (worked on optional holidays too) still got 0% hike.

MagicalPanda

LTIMindtree3mo

If you are joining LTIMindtree with a hike of 40% or more, then don't expect any hike for two to three years. The management or your manager would say that you joined with good hike hence we can't give you hike this year. I recommend you to join this company if you have least expections about hike and promotions.