TCS
TCS
on
DancingMuffin
DancingMuffin
12mo
by

Seeking advice regarding Resignation and Band, Compensation letter release

If I resign now in this week, will I still receive my band and compensation letter, or will they not be released? Looking forward to insights from those who have experienced a similar situation. Thank you!

12mo ago
JumpyPickle
JumpyPickle
12mo

Your band has already been decided this year. If you resign or not it will be released.

Only if you are separated before appraisal process starts, you will not be considered for appraisal.

SnoozyBagel
SnoozyBagel

Assume candidates kept resignation after receiving band, Does it mean candidate will be able to get revised compensation letter as well?

JumpyPickle
JumpyPickle
12mo

Yes

TwirlyPancake
TwirlyPancake
12mo

Band is not released if notice period is started

SqueakyPancake
SqueakyPancake
12mo

Even if band releases we won’t get the revised annual compensation

WigglyQuokka
WigglyQuokka
12mo

You will get babaji ka thlu if you resign now.

Gif
GoofyPretzel
GoofyPretzel

Bands will be released but Revised compensation letters will not get released if you are serving notice or if you are not an active employee in system

FuzzyQuokka
FuzzyQuokka
12mo

Yes

ZoomyPancake
ZoomyPancake
12mo

In my view if you consider the present condition, if you get a best hike also you will get only 5% to 8% not more than that, try negotiate with the new reciter and resign.

DerpyPotato
DerpyPotato
12mo

NO... They will stop

FluffyUnicorn
FluffyUnicorn
12mo

Hey, Depends on a lot of factors. Are you Digital or Ninja ?
Also, it depends on your current CTC. I heard they are bringing a lot of changes in place. If you are incurring high Cost to the Company you would be seen as a liability and prolly lose out on the Band as well as Increment. They can change the Band as they deem fit. So you would be playing with Fire. I remember a Colleague losing out on a Band cause of rumours they are putting papers. So yeah be very careful cause if your goal is to leverage the band and new offer letter then wait for it to be released and official before putting in paper.

WobblyJellybean
WobblyJellybean
12mo

No, it won't release

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