TCS
TCS
on
SquishyBurrito
SquishyBurrito
15mo
by

If one gets a D band and his/her VP is taken off from the CTC, in the subsequent year, if the band improves is it going to be restored back?

15mo ago
FloatingBoba
FloatingBoba
15mo

I am also facing the same issue. My variable component and performance pay was cut from my compensation letter. Reduced 3 lakhs from my CTC. I am in pip now.

SquishyBurrito
SquishyBurrito
15mo

As said by someone above, it’s wise to resign but too late too far now 🥲

DerpyCupcake
DerpyCupcake
15mo

Never.With current hike, it may never happen.

Let's take an example C- 3%, D- (-1%) , A -5%

Associate1 - C and C Assocaie2 - D and A Initial Salary - 100

So, Ass1 = 100×1.031.03 =106.09 Ass2 = 1000.99*1.05 = 103.95

SquishyBurrito
SquishyBurrito
15mo

I am talking about the variable component in the compensation and not the annual increment

FloatingBagel
FloatingBagel
15mo

So I felt in case D , resign next day . Atleast we may have a better salary to search outside than lesser salary once the paper release

SquishyBurrito
SquishyBurrito
15mo

No, with the D banding, the associate’s entire variable portion (fixed monthly payout plus the quarterly payout) was reduced/removed in the revised compensation letter.

DerpyCupcake
DerpyCupcake
15mo

First of all, QVA cut won't happen with D. It's a cut from all components. So where you restore, all increase everywhere

Sometimes back, there was a correction in promotions when the salary range is too low. Nowadays, it's just a fixed %.

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