SillyHamster
SillyHamster

tcs 50 lpa vs IBM 42.4 lpa? what should i do? TCS has lot of variable and pf is also less. what will be difference in take home salary?

Can someone tell me is it worth to join tcs on ctc of 50 LPA vs IBM 42.4 LPA. Also confused about take home salary. Please provide inputs.

27d ago
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JumpyRaccoon
JumpyRaccoon

Irrespective of your experience, for the first time ever I'm reading a post on Grapevine that mentions TCS and 50 LPA together ๐Ÿ˜†

SillyHamster
SillyHamster
IBM27d

agree. but one of my friend of friend is also working in tcs with 15 yrs exp and getting 35 LPA. He is in Cloud security.

JumpyRaccoon
JumpyRaccoon

I honestly felt happy seeing that number. All the best to you:)

PerkyMarshmallow
PerkyMarshmallow

Join ibm and show the TCS pay and get it matched

PerkyBoba
PerkyBoba
IBM24d

IBM will match on only fixed part. IBM neither has variable policy nor it gives hike on variable part.

PrancingWalrus
PrancingWalrus
TCS18d

Go for IBM.

PerkyPotato
PerkyPotato
IBM26d

Remove QVA, pf+ grauity from tcs offer and pf + gratuity from ibm offer. As every said you only receive 30-40% of QVA. This will give you an idea of what to expect per month.

Dont forget your taxes though. ๐Ÿ˜€

SillyHamster
SillyHamster
IBM26d

In that case no difference in IBM vs tcs. Instead ibm pf contribution is good compared to tcs.

WobblyDonut
WobblyDonut
IBM25d

Consider deduction of tax as well

FuzzyPotato
FuzzyPotato

I would say compare fixed component from both companies and make decisions there's no certainity regarding variablepay in these times. If you get it lucky if not can't do nothing much. Also what's your YOE and tech stack if I may ask

SillyHamster
SillyHamster
IBM27d

IBM doesnt have variable pay. Tcs has around 6.5 L variable. Domain Senior Data Architect. exp 18 Years.

GoofyBagel
GoofyBagel

I heard that TCS is not giving variable pay to senior employees since last 4 years, so remove variable part completely and just match the fix part only for comparison.

SillyHamster
SillyHamster
IBM27d

Also i am not sure but i read somewhere at senior level, TCS tries to reduce salary. is this really true?

SnoozyKoala
SnoozyKoala

If you get D band in annual rating, they'll reduce your salary by 12%

BouncyQuokka
BouncyQuokka
TCS6d

They will reduce upto 17% itโ€™s not because performance. They will take reason their own only. this year lot of people got D band. I advise donโ€™t join tcs

SquishyPotato
SquishyPotato
TCS25d

What us the designation offered by TCS

SnoozyKoala
SnoozyKoala

What's your YOE?

SillyHamster
SillyHamster
IBM27d

18 yrs

SquishyCoconut
SquishyCoconut

Is tcs is really offering that much ctc?.. don't join tcs with that high ctc most of the time they will not pay VC in ctc

SillyHamster
SillyHamster
IBM14d

Yes. I have not joined. Rejected the offer as no variable pay is given.

WigglyPotato
WigglyPotato

Which trade in TCS ?

SillyNarwhal
SillyNarwhal
IBM24d

It should be in between 2.9L to 3.2L per month bro

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by MagicalWaffleTCS

Which is best!!

Infosys: 7.65 fixed +85k varaible= 8.5Lpa Warner bros: 8.3 fixed + 40k varaible= 8.7 Lpa

Both are same distance from my home.

Pls suggest which one should I choose in your pov and why?. Your advice will really helpful to me.