FuzzyBanana
FuzzyBanana
18mo
by

Trending @Cognizant; Does CTS retain a good Employee by matching CTC ?

Hi All,

Does CTS retain a good Employee by matching the CTC of another company?

Can they offer like 70-90% increment on top of the current CTC?

18mo ago
SwirlyPotato
SwirlyPotato

They sent a termination letter to a 5 star rated resource.

FuzzyBanana
FuzzyBanana
18mo

Why? Probably due to location constraints?

SwirlyPotato
SwirlyPotato

Yes

SillyPancake
SillyPancake

Good joke 🀣

FuzzyBanana
FuzzyBanana
18mo

If I have lots of dependency and get an offer letter from another company. Still they won't match?

PeppyBanana
PeppyBanana

These days they hardly care

ZestyBiscuit
ZestyBiscuit
18mo

One of my colleague got 50%-60% outside.. they tried to match by offering 11-12% 🀣

FuzzyBanana
FuzzyBanana
18mo

LoL πŸ˜…

PeppyBagel
PeppyBagel

Cool, at least he got 12%

PeppyCoconut
PeppyCoconut

No they won't. They don't care.

FuzzyBanana
FuzzyBanana
18mo

Their loss, i have nothing to lose,

ZoomyDonut
ZoomyDonut

Even if they do, don’t stay in CTS

FuzzyBanana
FuzzyBanana
18mo

Why!? It's a very long term project πŸ™‚

FluffyPotato
FluffyPotato

They did retain now also. One of my known got retained by cts in July 24.

FuzzyBanana
FuzzyBanana
18mo

Wowwaw...with how much hike % ? Also, pls share if you know Friends current CTC and matched CTC

FluffyPotato
FluffyPotato

I asked him many times that how much they offered you ...but he is not telling ...he has a package of 2.8lpa and his has a offer of 7.5lpa. I don't know how much CTS offered.

SillyLlama
SillyLlama

They will hire 2 Resources in that cost, Sad reality πŸ₯²

FuzzyBanana
FuzzyBanana
18mo

They can't, at least for my role.

SillyMuffin
SillyMuffin
Gif
TwirlyRaccoon
TwirlyRaccoon

@RosyTeen based on the current situation Cognizant is rn..99% it will be a NO. If you feel like you are a super critical resource and the project has high dependency on u, go ahead and convince your manager, if needed talk to HR as well. Good luck πŸ‘

ZippyNarwhal
ZippyNarwhal

If some other company is giving you like 70-90% increment, why do you want your current company to match that? You should not be thinking that... Cts should that! And if they are not thinking about matching it; simply leave, where you are not even valued to think twice before accepting resignation!

I think this way!

FuzzyBanana
FuzzyBanana
18mo

That's great thinking!!!πŸ™ Agree with you

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