TCS
TCS
on
FloatingQuokka
FloatingQuokka
8mo
by

Query regarding Retention Bonus

I received revised compensation letter regarding retention pay restructuring. My only question is whether we will receive entire amount of retention bonus this july for 2024-25 period considering i joined in july 2023. Ideally we should get full retention bonus in July month salary and starting from Aug it should be on monthly basis. Am i right?

8mo ago
SleepyNoodle
SleepyNoodle
8mo

Your grade?

FloatingQuokka
FloatingQuokka
8mo

Does it really matter as it was a fixed component. Anyways its C3A

GigglyPickle
GigglyPickle
8mo

Yes you should get that amount and these changes will happen from aug 1. From last month this changes happened to those who joined on June also and they got retention amount of 24-25

FloatingQuokka
FloatingQuokka
8mo

Ah!! Then i guess they are releasing revised compensation letters based on month of joining.

FloatingKoala
FloatingKoala
8mo

Will we receive the retention bonus as a lumpsum for the completion of 2024-25 year?

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