TCS
TCS
on
SparklyPancake
SparklyPancake
12mo
by

Revised salaries

After resigning tcs has accepted to match the offer by 80 percent . But they don't add any money to your basic . Everything is personal allowance or variable pay or retention bonus. Will low basic affect me ?

12mo ago
SqueakyJellybean
SqueakyJellybean
12mo

(Would recommend reading about this in the HR policy Hub) As per my understanding, anything except the basic pay can be reduced/discontinued by TCS whenever they want.

It is only the basic pay that can never be reduced.

Others, Please correct me if I am wrong and do share your views

GroovyDonut
GroovyDonut
12mo

They have a clause that variable and retention incentive can be removed at any point of time. TCS is exploiting their employees like anything these days. Their ethics are non existent.

FuzzyQuokka
FuzzyQuokka
12mo

Yes it's true

GigglyBiscuit
GigglyBiscuit
12mo

Bad decision , these scamsters are not going to pay you even 1 percent of that variable pay ,happening like this for past 3 years, are u asleep?

CosmicPretzel
CosmicPretzel
12mo

If you have an offer, RUN AWAY.

WobblyQuokka
WobblyQuokka
12mo

Obviously

Variable pay is a hoax bait that can be anytime revoked after you take back your resignation

Only thing you should accept is the revised basic pay as per their offer

SparklyHamster
SparklyHamster

Basic pay is very low in tcs even for people who have high packages. It's not a problem.
The only thing I will point out is that you will hardly get 1% in next appraisal even if you get A band. If you get wings hike or promotion hike in coming year it may be low.

QuirkyPenguin
QuirkyPenguin
12mo

Does basic at least changed a percent for you ?

JumpyPenguin
JumpyPenguin
12mo

Your year of experience? And you are digital?

SparklyPancake
SparklyPancake
12mo

Thanks guys !

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