TCS
TCS
on
ZestyNugget
ZestyNugget
21mo

Hike less than inflation rate

Got a hike of 3%. Inflation rate of India is 4% and above.

It means year on year CTC package is decreased by value. Whats your thought staying longer in such organisation?

21mo ago
WigglyCoconut
WigglyCoconut
21mo

Yes, I received 3.3% increment after almost 2 years of joining as TCS scrapped Anniversary Increment for EP hires. Which essentially means this years’s hike results in around 2% hike/ year over two years. Both Anniversary rating and final Band has been A. Even then such low hike. Not sure how to deal with this.

ZestyNugget
ZestyNugget
21mo

Yes , Now there is no Anniversary appraisal now 😔

GroovyNoodle
GroovyNoodle
21mo

That's why people don't want to work hard.. if someone is getting A band and has 4% hike and other gets 2 to 3 % hike so why to work hard.. relax and enjoy

DancingBiscuit
DancingBiscuit
21mo

Thanks to mr modi else in 2014 it was 8.026 % 😂

PeppyNarwhal
PeppyNarwhal
21mo

There is nothing to think about in these organisations, the only better solution and feasible also is to resign and join some other company else will always be underpaid for the rest of the life and fill with regret.

FloatingPickle
FloatingPickle
21mo

Didn't got any hike. It's utter most worst firm I have ever seen haha

SillyNugget
SillyNugget
21mo

We got 1 percentage be happy for 3 percentage hike😁😁

WobblyBiscuit
WobblyBiscuit
21mo

Actually rate of inflation is more than government data They are also not giving full quaternary bonus hence our ctc is in reverse trajectory

JazzyPancake
JazzyPancake
21mo

most C3 guys got zero hike !

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