TCS
TCS
on
BubblyWaffle
BubblyWaffle
8mo
by

Retention bonus fucked.

The epitome of bullshit this company has thrown till now wasnt enough. This is the absolutely stupid and meaningless. All in all my 70k bonus of last years retntion is gone.

According to a new policy, my retention incentive has been discontinued and merged with Personal Allowance.

My question is the retention bonus was for the previous year so it should’ve been added to my previous year’s salary. Adding it to my coming year’s Salary means the 70k I should’ve gotten is actually gone.

People that has onboarding in June have got said bonus.

Pissed by all measures now.

8mo ago
FloatingWalrus
FloatingWalrus

Same felt so bad! Such a chor company😔

FloatingWalrus
FloatingWalrus

Hop so we receive it in july salary

PrancingWaffle
PrancingWaffle
8mo

They will give you the retention bonus of previous year, and for the next year the effective would be current month.

I spoke to my manager regarding this, as my anniversary will be next month and he told explained me.
Whatever is your salary it’s gonna be fulfilled. The show has begun, let’s wait for the end now…🤞

QuirkyPotato
QuirkyPotato

You will get it don't worry...we also received mail in June first week and thought same but they paid in June salary

CosmicPanda
CosmicPanda
8mo

If someone has joined on 30th June. Do they get it in June salary or July?

QuirkyPotato
QuirkyPotato

I joined 29th June and got in June salary itself

BubblyWaffle
BubblyWaffle
8mo

Mind you my revised compensation letter has increase of ₹1000 only.
My rent has increased from 28,000 to 30,000

JazzyNugget
JazzyNugget
8mo

That 1000 is increase in your medical insurance.

SquishyLlama
SquishyLlama
8mo

Bro we will get 70k . From this july 70k will be distributed as 70k/12

GigglyPanda
GigglyPanda
8mo

It means it is 0 % hike this time just releasing new structure CTC as a revised

CosmicPanda
CosmicPanda
8mo

When did you received revised compensation?
I haven't received till now.

BubblyWaffle
BubblyWaffle
8mo

Monday.

GroovyDumpling
GroovyDumpling
8mo

Where do we have to check and confirm these details?

JazzyNugget
JazzyNugget
8mo

Raise a ticket under India payroll or whatever is applicable

SillyJellybean
SillyJellybean
8mo

TCS is fucked up

GroovyDonut
GroovyDonut
8mo

You will get full amount for 2024-25. For 2025-26 your new structure will be applicable for retention incentive

SquishyCoconut
SquishyCoconut
8mo

Is this the same for August joinees as well?

CosmicPretzel
CosmicPretzel
8mo

Hello, You will get 70k+/- and new added to personal, I have got like last RI:30k +2.5k in my june salary, in notice period

FloatingBurrito
FloatingBurrito
8mo

There are two positives in this - 1. Monthly In hand salary increases 2. You have one less variable to explain to prospective employers! They cannot use this variable component for salary negotiations! Just add this to your monthly saving or start a SIP with this amount. Don’t spend it! Be wise!

Discover more
Curated from across