QuirkyNoodle
QuirkyNoodle
18mo

Trending @Wipro; How much i need to pay if i resign

I joined wipro on the bonus programme Whrerenyou will get bonus as below 6th month 25k 18 monthth 25-75k 24th month 50k-1lakh 36th month 2-2.5lakh

This bouns has 24 months lockin period. Does anyone know how much i need to pay if i resign. I recived 24th month bonus 2 month's ago.

18mo ago
FuzzyMuffin
FuzzyMuffin

May be no need to return if the bonus ks merged in the ctc after 1year of bonus.

I also want to know if anyone resigned and exempted from returning bonus after 1year

QuirkyNoodle
QuirkyNoodle

I come to know from others that we have to return if we resign before 24 months lockin period so i need to check with here with someone who resigned

PrancingDonut
PrancingDonut
18mo

To check with those who have resigned, I think they won't be part of this community anymore.We can come to know if this query is addressed in some other open grp

PrancingDonut
PrancingDonut
18mo

Oh, I never knew there was a lock in period.I got the 6 month bonus as told.

Will this be mentioned in the offer letter? I need to recheck once

FuzzyMuffin
FuzzyMuffin

It's not mentioned in the offer letter as far as I know

GroovyCoconut
GroovyCoconut

Then check with your HR about that policy.

SwirlyPotato
SwirlyPotato

Hi, you need to pay the full bonus money in case you are not going to fully serve the retention period. Once you settle them full money they will send you experience and relieving letter

PrancingDonut
PrancingDonut
18mo

In my case, the bonus is given in four phases in the 3 yr period - 6, 18 , 24 and 36 months.Now the retention period is 3 yrs or the remaining period I have served/ to be served?

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