SleepyRaccoon

TCS - C3A - Assistant Consultant

Got an offer for C3A role (total yoe - 9.8yrs) for 26lpa.

Should I try to get C3B role for my experience
For VP - there are 2 components listed (i) Monthly Performance Pay - 15k (ii) Performance Pay (Quarterly) - 22k
What is an emergency fund in TCS.?

I feel 17% VP (4.5L) in total CTC (26L) is too high. The HR said, this 15k monthly will be paid in full. And quarterly pay of 66k (22k x 3) will also be paid. Is this true or some deduction will be there?

Please let me know if this is the norm VP in TCS and share some tips to negotiate for more fixed pay..

TIA

7mo ago

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GoofyBurrito

TCS7mo

Don't get into C3B as C3B and above gets highest variable pay reduction..Till C3A it's okay. even C3A also sometime gets less variable the C2 and below. Also though it's hard now to get promoted in TCS but you will have 1 room for promotion for C3B. Promotion difficulties is too much to go above C3B

SleepyRaccoon

Capgemini7mo

Thanks, @I_dont_know_how_to_ How much VP payout % can I expect out of the 4.5L ..?

GoofyBurrito

TCS7mo

Mostly 100 percent but still depend on which project you land.. I am in Good IOU and I didn't seen variable cut since I have been C3A. but some of my colleague in other IOU have got 75 percent sometime..But yes it's mostly depends on the project you land.

DancingNoodle

TCS7mo

For C3A grade.. This salary is very high.. Can you paste screen shot of all components

SleepyRaccoon

Capgemini7mo

Then maybe should I get 3CB role.?

SleepyLlama

Cognizant7mo

Seriously?! 26lpa with variable is pretty less at most companies. Yoe*3 is a very standard fixed pay

SqueakyBagel

IBM7mo

Quarterly variable pay 22k is good enough as it amounts to 88k per year but there would be deductions. Monthly performance pay there will be no deductions if you are in billable. promotion from C3A to C3B is comparatively easy than C3B to C4.

SleepyRaccoon

Capgemini7mo

okay, 22k/m QVA - 2.6LPA.. Thanks and agreed on the promotion scope part..

SqueakyBagel

IBM7mo

then you will get around 60-75% QVA

QuirkyNugget

TCS7mo

For C3A you got high package similar to C3B. Variable will be reduced for quarterly for c3A and above. From last 1 year every quter C3A getting 60-70% and C3B getting 35-60% variable pay quarterly. Decision is yours. Also now they linked variable to WFO number of days. So it's different to get 100% anytime now, it will be in dream.

SleepyRaccoon

Capgemini7mo

I think it's better to stick to C3A for now..

QuirkyNugget

TCS4mo

Finally what you did? Accepted offer n joined TCS or what exactly?

SleepyLlama

Cognizant7mo

Variable pay is too high. Fixed 25-30lpa is okay

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