GoofyWaffle
GoofyWaffle

Retirement benefits in TCS worth staying longterm?

Considering long-term career at TCS. What are the retirement benefits like? Provident Fund, Gratuity, Superannuation - how do they compare to other IT firms?

2mo ago
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BouncyPotato
BouncyPotato

Don’t forget to factor in the opportunity cost. Sure, TCS offers stability, but there are other companies out there that might pay significantly more right now. It’s all about weighing the pros and cons based on your priorities.

FloatingMochi
FloatingMochi
Juno2mo

The Provident Fund (PF) contribution policy in TCS is quite favorable. Both the employee and the employer contribute 12% of the basic salary towards the PF account. This ensures significant savings for employees while fostering long-term financial security.

BouncyKoala
BouncyKoala

Medical insurance post-retirement is a plus.

SnoozyHamster
SnoozyHamster
Yulu2mo

Gratuity after 5 years. Max 20 lakhs tax-free.

ZippyPretzel
ZippyPretzel

Superannuation is usually a thing only for senior levels, I think. Not something you need to worry about at junior levels, but keep it in mind as you move up the ladder.

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