JazzyPenguin
JazzyPenguin

TCS interview

Awaiting offer letter from company. For assistant consultant, 9 YOE, MEAN stack

From my current CTC, 57% percent hike. they agreed for 22lpa.

Is this salary is correct for the designation as per market?

Yes
No
Reasonable
20 votesexpired
6mo ago
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JumpyCoconut
JumpyCoconut

Check how much is your Quarterly Variable Pay and forget about it. TCS would pay around 40% of it, if you are lucky. If I am not wrong, your basic salary would be very low so that they don't have to contribute much for your PF (12%). Please don't join TCS. You will not see any growth in your financial situation. Keep it as the very last option.

JazzyPenguin
JazzyPenguin
HCL6mo

Quarterly variable pay is 10% per annum

JumpyCoconut
JumpyCoconut

Yes. They will not pay the full quarterly variable for all 4 quarters. You may get 40 - 50% of what is mentioned in your offer.

GroovyBanana
GroovyBanana

Can you clarify again? How much are you about to get in total?? If it's 22LPA, Man it's too low ball.

JazzyPenguin
JazzyPenguin
HCL6mo

Yes I thought of getting it as a backup and starting offer to apply resignation..

JazzyPenguin
JazzyPenguin
HCL6mo

2 days After completing TR MR

ZippyCoconut
ZippyCoconut

When Did you received call from hr about salary negotiations and docs ??

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