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Accenture
Accenture
on
PrancingPotato
PrancingPotato
29mo
by
Stealth

Trending @Accenture; No hikes this cycle, only bonuse

Going through communication on rewards, I feel disheartened but I also feel happy to see that there is no mention of any layoffs. How you all are feeling? Share your thoughts in comments.

29mo ago
QuirkySushi
QuirkySushi
Accenture
29mo

I was a little disappointed after receiving this email yesterday. Since I was a college hire and even after 2 years of working here (it's my first job), I'm really getting underpaid. Thought of talking to my manager for a raise but then received this email 🫠

CosmicNoodle
CosmicNoodle
Accenture
29mo

Time to switch!

QuirkySushi
QuirkySushi
Accenture
29mo

Yep

PrancingPotato
PrancingPotato
Stealth
29mo

Not sure if bonuses will be good or meh. Frankly now I don’t expect much. Does anyone here have idea about % that we can expect as bonus?

SnoozyJellybean
SnoozyJellybean
Accenture
29mo

They have mentioned in the email itself that bonus will also be "significantly lower" than last year.

PerkyBiscuit
PerkyBiscuit
Accenture
29mo

Which email are you talking about? Was it sent to a specific tier?

JazzyMarshmallow
JazzyMarshmallow
Accenture
28mo

I have heard that this is for career level 5 and above

PrancingPotato
PrancingPotato
Stealth
28mo

Read mail pls

JazzyMarshmallow
JazzyMarshmallow
Accenture
28mo

Our project DU told us

PeppyPretzel
PeppyPretzel
Deloitte
28mo

I got 6% increment, I work for the Actuarial Team.

PrancingPotato
PrancingPotato
Stealth
28mo

Mubarak ho…which team is this? Which entity?

PeppyPretzel
PeppyPretzel
Deloitte
28mo

Actuarial Team in Operations

PeppyPretzel
PeppyPretzel
Deloitte
29mo

https://www.moneycontrol.com/news/business/accenture-skips-pay-hikes-reduces-bonuses-and-promotions-in-india-sri-lanka-11519331.html

PrancingPotato
PrancingPotato
Stealth
29mo

We all got that mail bud. Not sure the relevance of this link.

SquishyNugget
SquishyNugget
Nice
29mo

Ik it was Aug cycle, but are we talking about the coming Dec cycle as well?

It is going to repeat again?

WigglyMarshmallow
WigglyMarshmallow
Microsoft
29mo

sadly yes😭

SnoozyJellybean
SnoozyJellybean
Accenture
29mo

Postponed until June 2024 sadly.

MagicalRaccoon
MagicalRaccoon
Takeda Pharmaceutical
29mo

Is this decision across all locations in India or specific to projects/clients??

SnoozyJellybean
SnoozyJellybean
Accenture
29mo

It is for all Accenture India people (in fact for few other countries as well, I know about SL and Malaysia).

GigglyWaffle
GigglyWaffle
Accenture
29mo

No mention of layoffs? Did you forget about the 19k layoffs announced in March?

PrancingPotato
PrancingPotato
Stealth
29mo

Yeah but seeing the environment they could have announced another round of layoffs but they didn’t

PeppyPretzel
PeppyPretzel
Deloitte
28mo

Any other Teams who got increment ?

PrancingPotato
PrancingPotato
Stealth
29mo

I believe attrition will increase after this.

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