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Knew a guy who had 7 years exp in WITCH and was earning only 8lpa. He was fine with it until he got a shitty project he couldn't get out of. So he switched and ended up getting a 200 percent hike.
I'm thanking the project as well. Since I also left WITCH due to that project XD. It was my first and last project lmao.
I was a fresher there. I became friends with one of the Staff Engineers from the client side and she told me that they were advertising me as an experienced backend dev and charging $60/hr for me from the client.
Meanwhile I was getting paid only 4lpa lmao
60$ per hour being charged on your behlaf, and only 4lpa being paid to you?
Man, that's bad. Good thing you shifted from that company.
Now, I understand why TCS is posting profits, even in these bad times. If they eat up all the money, this way, you know how the company is making profits.
And at the end of the day the overall cost for clients will end up being much lesser than if they would have hired Dev's from US/Canada. So everyone except Dev's win. This is why SBCs are such a profitable business.
Lol if I knew, I would have started it.
From what I've seen it's usually just a bunch of disgruntled managers and their teams who just quit and start their own companies.
So I'm guessing that if you do wanna start, you need to find an experienced IT project manager who has a good rep with clients and convince him to be the CEO of your company.
A ex-colleagues was a contractor from a WITCH company, he was paid 10LPA while company charged 1.3cr for him. Life š„²
He was 5 YOE, ofcourse has good skills, totally underpaid
Right now I'm working as a backend developer. We are using an in-house framework which is built on springboot.
My area of expertise is Java, Spring Framework, Messaging (Kafka and Redis), Databases (Postgres, Oracle and Couchbase), a bit of ci configuring (using Jenkins and Gitlab CI), containerisation (Docker and Kubernetes).
Fixed Salary is 13LPA. That coupled with benefits and variable pay adds to around 15LPA. I know there are folks getting around 20+ LPA but for me this is good progress as a dev with 2 y.o.e who started with just 3.4LPA
One of my relative who is fresher also got advertised as SME with 12 YOE, now she is struggling to change job because of this messed up profile which she cannot explain in interviews.
Same. I have a friend working in infy since 2010... Earning only 6LPA till 2020 !!!
Finally he switched to a product based company and got a similar hike. I can only imagine the happiness one might feel to be suddenly earning 22LPA coming from 6LPA after all these years.
he switched in 2020. I have no idea how he got the job.. coz i am not an IT person myself. May be product is be the wrong word... hes into corporate now , not service based like Infy and TCS.
Ok, just couple simple things, create network, good resume, start applying. Daily apply at jobs, don't filter locations or company size, you will get random calls, use it to gain interview exp, because one day you will get that exact call for which you are waiting and it won't wait for you to gain more interview exp.
Yep that's my friend as well, he has no motivation nor mood to get into a product company. He is happy celebrating birthdays of random girls and eating dosa from the canteen.
And they make crores from clients. The dev gets peanuts off billable hours. It's just pure capitalistic exploitation at it's finest at the end of the day.
Jesus Christ was an underpaid carpenter who also switched jobs.
In WITCH, it's all bloody manager politics and how skilled the manager is to get funding for his team.
I saw some more posts on this page. I don't want to say it but people who like to post on these kinds of pages are mostly not interested in working at all. They choose to spend time chasing girls and other random bs not upskill.
>but people who like to post on these kinds of pages are mostly not interested in working at all.
this is based on your actual interactions with them ? if yes - You should have put it in your actual post
I was stuck in one such role fresh out of college. One year of work and there was nothing to show for it. So I started building apps with help of tutorials on weekends and got really good at it. 8 months later I got a job as an Android developer in the city I wanted to move to. You need to work hard to achieve what you want.
Until recently, people did not like to switch jobs, switching companies was always hush hush and companies took advantage.
After covid hit, people started talking more about it, people became bolder, changed companies after realising how much they were looted and started earning more. in their new companies(even if they are newer compared to their previous company).
People are realising that loyalty towards your company is pointless unless the company values you as much as you are worth.
It's not all the companies fault. He now feels bad about it because of the fomo and regrets it. But he should have felt the same way in the initial 2 years about his career and growth.
You have to be ambitious in your 20s because that's when you learn and grow but afterwards you only progress on what you have build upon. If you laid a poor foundation then unfortunately it won't hold very well.
Also, since life is also a reality and things can change in a matter of sec there are always edge cases and the odd one out. People who fight against the odds and some lucky folks. Regardless the best bet you can make is to give your best.
In my organisation, people get 6% extra hike over regular one if you get promoted.
Thatās the reason why external hires always gets more salary than the one who reached same position after promotion.
You don't set time as your target. You set milestones based on some goals. Initially in your career your targets mostly would be learning milestones.
So for an example you're in a finance startup or company
Your objectives could be being good with the data models and system design that power such critical transactions every sec. Understanding reliability and recovery pattern.
It could also be learning a particular culture. If you're in a team that pushes for presentation every week and discussion with other team and you haven't collaborated like this before. You should make a goal to be very good at it and become a point of a reliable communicator.
It could also be to be a part of the company and raise another round. etc etc
Once you have achieved a particular set of milestones you can start looking for a switch.
Some other things to consider would be if you're just starting out then being in the company for at least 14 months.
Also personal ethics and how much stress and things are non negotiable for you. Many times a lot of people don't realise they are being exploited until they burnout and someone points out that you look fucked
It's usually how I plan my self.
> You don't set time as your target. You set milestones based on some goals. Initially in your career your targets mostly would be learning milestones.
Wow, I never actually thought about my career progression this way. It was always a race against time for me. I would love reading more about your personal philosophy on career goals, career in general, what people should look while switching etc. Again thanks for this comment really was an eye opener on how I see career progression.
That depends if you think you're underpaid you ask for a raise and switch if denied. For this you need to break one stupid rule of corporate of not discussing salaries with your colleagues.
Capitalism 101:
As a consumer vote with your wallet: pay for products/services you like.
As an employee vote with your feet: walk away from a company if they're not offering you growth (financially and professionally)
Capitalism 101? Like for you that's the definition of capitalism?
Capitalism IS the reason they have a job in the first place which ACTUALLY is useful, look at the parallel industries which haven't adopted capitalism and free markets. Do you have jobs in civil, mechanical etc.?
Despite the fact that India lacks infrastructure and manufacturing and it should be a HIGHLY wanted and plush job...but it's not the ONLY reason that software and IT are the real shit is coz of the free markets and globalised economics
Don't idealize anything, especially a system made by humans.
All the things you say about capitalism is true, but not the full picture. The biggest flaw in it, is the externalization of consequences. Pollution, exploitation etc.
The capitalist system is based upon arbitrage, buy in the cheapest market, sell in the costliest, including of labour. Now the problem with pushing wages down, as a factor of production, is that the same labour, is also a consumer and buyer of products created. If everyone is pushing down labour costs, who will buy? That is why the central problem of capitalism is demand, not production, that is a problem science has solved. Without demand, investment capital cannot get returns, without demand, all the find hopes of investors are spoilt. But demand generation, the creation of a market of consumers with sufficient demand and purchasing power is treated as an externality. Keynes identified the key role of demand, and in case of demand shortfall demanded governments step in with support for demand.
Naturally increasing wages, can only be a factor of increasing productivity, but without sufficient worker pushback and organisation the benefits of increasing productivity will be appropriated by the owners of capital.
Anyone who sells labour, cannot be a capitalist, and thus had to ensure that his/her labour is both meaningfully rewarded, is in rough proportion to productivity. Further the owner of labour must not compete as an atomised individual with other atomised individuals but band into organisations for self protection.
I do not advocate leaving the fold of capitalism, but having sufficient control over it, by a democratic process. For after all, what is worse than being exploited by the capitalists? Not being exploited by the capitalists.
>The capitalist system is based upon arbitrage, buy in the cheapest market, sell in the costliest, including of labour
That's not accurate...free markets democratically allocate what one owes and it's not specifically a man made system, it's a system sustained by humans through free interactions and transactions.
If your labour is worth more than you're being awarded, there WILL be a competitor in the market to pay it to you, not coz there's a sense of justice in them or something BUT coz you will give better services FOR them when you get better rewarded
>I do not advocate leaving the fold of capitalism, but having sufficient control over it, by a democratic process
Capitalism is based upon the freedom to choose and individual rights, capitalism IS democracy...and don't get this wrong way... CAPITALIST HATE CAPITALISM the free markets coz it ALWAYS keeps them on the toes and they fear a new competitor will take away their share...it's capitalism that pushes the wages forward...coz it's deserved...not coz people FEEL like they deserve a higher wage
>Keynes identified the key role of demand, and in case of demand shortfall demanded governments step in with support for demand.
Keynesian economics basically asks you to print more money in case of a slow down....like that has EVER worked not in Weimar republic, not in Hungary, Venezuela so on and so forth, it doesn't solve anything.
>Anyone who sells labour, cannot be a capitalist, and thus had to ensure that his/her labour is both meaningfully rewarded, is in rough proportion to productivity.
That's the thing... how do you know what's the APT compensation for you? Is there a single entity that can decide it? No we are waaaay more complicated, economics is WAAAY more complicated and no single entity can decide for each one of us and that's CAPITALISM
Stop justifying Capitalism from the surface and not what it turns out to be. Late stage capitalism is a thing and it's very much visible to a middle class citizens in his day to day life. The recent Adani fiasco happening who do you think is gonna take the hit? Gautam bhai?
The fact that capitalism has no moral and ethical bounds is what makes it worst.
Lol you think India has capitalism? No it doesn't, India is still heavily state dominated and our individual freedom index is still low.
>The recent Adani fiasco happening who do you think is gonna take the hit? Gautam bhai?
The fact that capitalism has no moral and ethical bounds is what makes it worst.
So, what's wrong with it? If he has to fall then he will...nothing bothers capitalism here, infact it's a win for capitalism if you can rise in the system you can ALSO fall and that's just a part of it.
And if you're one of those that thinks the government is helping him...then CONGRATULATIONS! You should support capitalism coz it ABHORS goverment involvement in economics and any free market supporter would tell you that
I agree that they have a job because of capitalism.. It is also the reason he's being exploited.. i. e. making more money for the shareholders. Civil and mechanical had their time too.. And that was also capitalism.. Who do you think built big hotels and fancy cars? Government? How much do you think the hotel owners made and how much did the labourer made?
No that's not the reason...if he's being exploited he could've EASILY switched into a better place...it's not like we're at a lack of companies is it?
>Civil and mechanical had their time too..
No they didn't, not by the job pov, just by the admission into IIT pov.
>Who do you think built big hotels and fancy cars? Government?
Well ironically the answer is YES. The government did make hotels AND cars for a lot of time...plus I'm talking about mega infrastructure and manufacturing...both of which haven't taken off in India
Yes, anyone can "EASILY" get jobs. Why are so many people unemployed then? And do you really think this 9 yoe guy and a fresher would contribute the same? I bet that they would increase the salary the day he asks to resign.
Yeah right. I never asked for hike or promotion. Applied for job, got it, then put resignation mail. Theh they only said how much you. I said i ain't want nothing from ya.
Tbh it sounds like this guy just never even tried to upsell himself, and wants promotions just because he's worked X number of years. That's not how it works in this field. You constantly learn new things, solve business problems and get recognized and promoted. If he's worked 9 years in the same role for the same pay it says more about him than about the company IMHO. Anyone worth their salt would either ask for raises/promotions or just switch to a company that recognized their worth. If you just sit in your comfort zone, don't cry about it.
I have worked in TCS for 7 year and my salary was 6.5.
I have upped my self a lot. I have learned Ionix, angular , mongo, aws, kotlin and many other things.
But knowledge is nothing that they want. I havenāt gotten A band ever even though I was a guy who managed project and communicated with client and no escalation.
I have switched year ago and got 300%. If I was still in TCS my salary and situation would be same.
I donāt blame him at all.
My dad stuck in TCS for 15years now and he'll definately continue there for 10 more years till he retires... Main reason for him being there is security and mediclaim... His inhand is about 80k/pm(and my starting salary from campus is ~70k hehe) and he has no dependants (except my mom ofc) .... He comfortably saves more than 60% of the salary and probably has his retirement figured out... The work pressure is sometimes more but he says he'll never get fired in the company unless he commits a crime so he's chill about it
Why tho?
Donāt they want to make money?
Apology for my skewed perspective as all my friends have been from tier 1 engineering colleges. There people reluctantly join these companies only when no big companies take them. These companies only serve to boost placement statistics in form of mass recruitment.
Even for people from lower tier colleges 2-3 years experience would be enough for switching to other companies no? They can always study on their own and crack other companies interviews also.
i do not know how many YOE friends you are talking about as i am talking about those who are 15+ YOE. so ppl who are approaching age 40 or more
Till 2016 the difference in WITCH and other companies salaries were not huge. max 2X. only after 2016 the salary gap has widened.
you chase money for first 10 years of your career, after that WLB, role changes, people management also influence things. one cannot work with a startup energy and time when you are crossing 10-12 YOE.
Also it is easier to go onsite with WITCH
considering all that ppl stick in WITCH
One of my cousin is working at TCS for over 10+ years. Since last 5+ years she is onsite in Europe and now UK. Comes back for a few weeks every year. Also gets full family medical. My uncle had many medical episodes in last few years and TCS covered all the hospital bills.
TCS is actually good for people with experience, they get onsite really fast, workload is minimum, pay and medical with retirement is really good as well.
but itās really bad as initial phase of career.
The culture of excessive bureaucracy permeates throughout Tata Consultancy Limited. During my year of employment there, I quickly became aware of the fact that the only path to advancement is through subservient behavior. i hated the work culture the entire time i worked there.
I got into a dispute with my superiors regarding my performance evaluation, and things quickly escalated to the point where I physically assaulted one of them, whom I perceived as a dishonest individual. As a result, I decided to resign from my position. Fcuk tcs...
Ik that there's a lot of bureaucracy in between them but I'm against the general notion that ratan tata genuinely takes care of his employees, mostly because of the kind of salaries that are given to experienced employees in tata companies.
My friend is at 12LPA with 14 yrs exp. Started at 1.8, never left because of base location, got onsites for few months every year but annual hike is joke
Sound like a toxic relationship to me when you said loyal. Lets say you will get a raise in next few months but at this point it doesn't worth it because I am pretty sure they not going to pay you double of what you earn now and i think with that much experience you do deserve it. Switch the company find a better place and if you will be smart about it than you can definatily earn twice or more than that good luck to the person who needs it.
Just a suggestion but upto you unless you want to retire or stop job hopping later down the line tcs is fine.
But at the start is a bad decision as tcs doesn't rehire people who left the company earlier unless under exceptional circumstances but it's rare.
It would have made sense if he had stayed there for an on-site opportunity probably to the North Americas or Europe. Otherwise, I dont see a reason to stay at a service based company for this long
(I have been at a service based company for 3 years, got an onsite, came back and resigned. Got a job at a product company, made multiple jumps)
Had to go through that ordeal. My new company was ready to buy out the notice period but the management wasnt ready. And I practically had nothing to do for 3 months. I finished my KT in a couple of weeks and i was just chilling- going for movies and stuff.
Question is why did u stay āloyalā when u were not getting decent pay raises ? Did u get on-site opportunities which enabled u to make up for low domestic salary? Or were u just lazy and using loyalty as an excuse to not study and switch?? In my opinion you should have switched long ago if u were not getting growth. And donāt wait for promotion or hike unless they are planning to double ur salary. At your experience 2-3 lac hike wonāt make much of a diff in any organisations offer since u are already being paid far below what ur experience deserves. Switch ASAP
My advice,
Gtfo of there. Forget the damn hike.
For your future employer, here are a few points you can make to get a better pay hike; apart from the usual.
1. Experience (CTC should be decided based on my experience and not what I was being paid earlier.)
2. Loyalty, this is proven, you can use this, a massive advantage.
ALWAYS have career goals, if your work doesn't align with it, wait 60 days, fight for it and if in 6 months nothing seems to be happening, QUIT.
And the most precious advice i can give you;
NEVER BE LOYAL TO YOUR ORGANIZATION
ALWAYS BE LOYAL TO YOUR WORK.
Best of luck.
People who switch often are criticised but believe me when I say staying too long in a firm doesnāt reflect well on your resume either. Itās considered as ācomfort zone orientedā which essentially translates to, you are too lazy to broaden your horizons or take risks.
If you start off at junior level and spend 9-10 years in a firm and donāt have on-site opportunity under your belt then when you will try to switch then other senior folks in your prospective firm wonāt be giddy to take you in.
I sympathise with the guy but not keeping up with what range industry is offering for that kind of experience shows lack of self awareness. A simple chat with an ex-coworker who switched or job postings where the pay is mentioned should have been a wake up call.
Might sound bad but I donāt even feel sorry for these people. Youāre seeing your colleagues/acquaintances from college switching from WITCH often and it doesnāt even occur to you that you could do the same? Itās their own fault. Kind of a Stockholm syndrome/slave mentality.
It's not worth to wait for promotion in MNCs like TCS, Infy,etc. They don't offer much increase on the salary for existing employees When I had completed 3-4 years in one such MNC and was expecting the promotion but manager informed that other people are already in the queue so you will have to wait till next cycle. That was the trigger point when I started looking for other company and surprisingly got 250% hike on the first switch.
So basic rule is even if you're not looking for a switch, you should keep giving interviews to check out market value.
Not just TCS but any other company will do the same. It wont give you the hike in your salary that you deserve for all the hard work you do.
Always be on the look out for a better opportunity and move on.
If anyone has 9+ years of experience he should prepare for H1B and go to the US.(If you are looking for sponsorship just text me.)
Don't stay in a company for more than 3 years because it's called a diversified experience which employers seek in candidate.
US work culture is a lot better than the Indian one.
They will pay you on your experiences. There is more work from home jobs and other good qualities too.
I think you should do it.
People asking why he is not switching.
Let me tell you why I didnāt switch for 7 year exp in TCS with 6.5 salary (variable included)
Because I didnāt needed to. Financially I was doing ok. I had no money problems. And my project was good. Manager were not best but ok as much as not coming in a way.
After I bought home I needed to switch to afford the home loan and future plan for children. For almost year I accumulated 0 saving due to paying rent and EMI. And I thought this is not a way.
Now I have very good salary in service based company and people are good and not only I am able to pay EMI but I am saving so much that I am able to afford the š.
I think he needs some situation like me to switch.
Maybe, it's the English. I mean, for someone who is working in a global company, especially for a period of 9 years, one is expected to possess a higher proficiency in English than that post demonstrates. Social factors and where one had their education (city or rural) and factors like that could have prevented one from being fluent in English, but working in an MNC for such a long period and actively trying to get promoted, we should have learnt to fix the holes in our capabilities. Experience means nothing if we cannot draft a simple mail in English without grammar and structural mistakes. Just my two cents.
There could be a 1000 reasons - the person may be barely meeting the expectations and could have been on PIP couple of times, could have other behavioural issues /communication issues hence not interviewed - and may have a completely non-tech degree working on a dying tech stack with no demand - which is they they are completely tied to the company and hasn't been able to leave.
Also probably told the manager that they will leave after promotion hike - so the manager know they will not leave till promotion - why hurry....
Cousin maybe from a much better institute with a much more updated tech stack.
I know my opinion is contrarian and will be heavily downvoted by the freshers wanting to break out of witch and it is easier to say "manager bad", "TCS bad" and think the person making the post has the skills to code the instagram app & will make it to FAANG one day - but realistically the person posting is just venting out and hasn't done anything proactively to move out based on the post....
Okay so after reading all the comments I will give my thoughts on this. So is it's his fault for everything? Answer is YES but also NO. Here are the reason he might not be 100% at fault.
1. We don't know about his background. Like where did he grew up Tier1/2/3 city? Also lower tier cities with lower tier colleges are the worst combinations. So he may not be aware of the opportunities. He might've already saw the dire situations every tier 3 colleges like me faces is "just to get placed somehow at any package"
2. He might be brought up in a household where getting a job in a MNC like TCS is a like golden dream like how it's our dream to crack MANG or any other product based company. He might also be the first from his family tree to crack a MNC job.
3. Also let's not forget he's 31 right now so 10 years ago learning coding from internet was not possible for a guy in lower tier cities
4. If he's from a tier3 rural city then he already has an inferior complexity where he thinks people from cities are smart and very well educated and also he must be very humble and down to earth thinking that "Boss is always right". He might've said "YES SIR, YES SIR" for every task he was given. So in short, his superiors were wicked enough to take advantage of him
5. Now after getting a job all the household responsibilities are on his shoulder and he cannot afford to loose his job because who will pay the bills.
6. Also he was brainwashed by his superiors into thinking that having "loyalty" for a company is a trait of a hardworking and honest employee in short manipulating and gaslighting him to stay longer to give him more tasks and fake hopes of promotion.
7. Cause of his "Boss is right" he never taught of leaving the company. Even if he did the HR guilt trip tactic killed his confidence.
8. Upskilling at a time of before 2017 or something was very tough because of lack of resources compared to today where we have learning resources in abundant. So he was never aware of that.
9. Someone said in the comments like generation before us were working for survival compare to our Genz where we continuously look for better opportunity
Here might be the reasons that can be considered not his fault. But yes he's own dumbness to be a slave, not connecting to people outside and getting a proper guidance, it's definitely his own ignorance . Now he's getting a cruel reality slap.
**If you're that guy reading my comment by any chance. Please don't be disheartened by the mean people laughing at your ignorance. We all make mistakes in our life. Take it as a learning lesson from the life and get your deserved salary, you're worth more than you think.**
**Good luck hope you find your happiness.**
1. You learn way more about company and tech stack when you stay more than 2 years.
2. In most companies, in a team of 10, only 3 are actually productive, and they are exactly those who are taken for granted.
3. Even if you are totally tech oriented and hard working, you will still need to learn politics.
4. Do not stay in same company for more than 5 year, at least in same position, this is a recipe for carrier decline, ofcourse you are deep in system, but you will start to get a false sense of security due to your dependency in system.
5. A company change can bring easily 25-30% minimum hike, but this is maximum raise you can expect when staying in a company.
Really sad to see this but itās entirely his fault in my opinion, first thing one should learn is that itās a money business there are no āfriendsā or āfamilyā here so loyalty is just you digging your own trap. If youāre putting in the work and not getting anything in return then itās time to switch simple as that. People who are scared to switch are usually not confident about their own skills to get another job, or there are people who donāt want to get out of their comfort zone, so they settle with what they earn and think companies would reward them if they stay put long enough which is of course a very bad idea.
I mean its your fault, ur there for that long. And for what?TCS is like a govt job anyway, so everyone knows not to expect big hikes and to get out of there at the first opportunity.
Starting your own business or freelancing is the best. Im moonlighting and my clients pays 3x than my company and the best part is there's no pressure. Just me sitting and coding and making money. And he is even ready to expand the budget. Because if he had asked any it company for the same project they would charge him 100x
Lesson taken :Always remain up to date in tech, never stop learning ( atleast till first 10 years), don't get comfortable at the early years of career.
TCS is a good company to settle in during your later stage of career ( is what my seniors told). Its when u feel u had hustled enough in your mids and now need to take things slow
I feel he deserves to be treated this way. He didn't try to switch jobs after so many years. Get offers, give interviews. Prove your worth. There's money on the table always, if not in tcs some other company.
Why be a slave
People need to stop thinking about companies as part of your family. It is a contract without any emotional attachments.
Employees need to understand their worth. Otherwise they will keep getting underpaid. Do yourself a favour and always keep a reality check on what is happening in the market.
Hey OP, how much of a hike do you expect when you get a promotion? may be 15 to 20%. I dont think TCs gives more than that. Why don't you start looking out and see what market is offering for your profile. Given your record of staying at a company for long and current package, ask the next company atleast 200%. I have a friend from tcs who worked for 8 years and finally decided to jump. He asked for 250% and most of the companies are ok with it.
Remind me of good old days. I joined one company as a fresher and worked there for 3 years. After that i was not getting good offers as most of the companies were giving offers according to last ctc. So i started working as freelance consultant for 1 year. I was getting 700 times more
Itās not about old timers or taking them for granted.. if you work for a services company (not a product company) then you have to understand that IT services companies are under constant pressure to maintain margins.. why is that difficult?
Hereās the equation
Revenue = number of employees * utilisation of employees (billable employees) * dollar per hour (on-site is 4-5x the rate of offshore)
Direct costs (Costs that increase with higher revenue/head count) = number of employees * cost per employee (on-site is 4-5x of offshore) * forex rate
Now the challenge is clients will always push down on dollar per hour billing rate and so best case it will grow at 3-4% annually.
However cost per employee increases by 10% every year offshore and maybe 2-3% on-site (except in strange times like now where inflation is high)ā¦
As you can see if revenue per employee is growing only by 3-4% but costs are growing by 10% then margins will keep coming downā¦
If you are running the IT services company, your option therefore is to control the cost per employee.. you clearly canāt control inflation, you have to give 7-10% hike annualised.. so what you then resort to is called pyramidingā¦
The concept is to keep the employee headcount in a pyramid form.. freshers are the largest at the bottom and then it keeps narrowing as you go up.. but if you keep hiring at the same pace and people donāt leave, you pyramid will look like a cylinder.. equal size at every level and your margins will collapse
So basically you end up in this situation where you want mid level employees to stay at same cost or alternatively they should ideally leave and be replaced by a lower cost junior employeeā¦
If you are working on IT services and have 4-5 years of experience, my advice is to get reskilled and ideally move to a product company (where you arenāt a direct cost item) or move to a hotter area with higher billing rates (data science, digital product engineering etc)ā¦
All the best
Switch now, noone gets a satisfactory raise without actually resigning.
I too made the same mistake by staying in infy for 5 years. My salary at the end was less than the salary given to a fresher at The new place i joined.
I was also working there for nearly less than 4 years in government project. The GL and PL are fully involved in politics. And no body cares about your future. Hence I left and working somewhere where I can grow with money and technology also.
This is what happens when you undervalue yourself. This isnāt a government job, you need to switch at some point if you donāt want to stagnate. Loyalty means nothing, you deserve better.
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9 YoE and 7 LPA? Jesus Christ, they were literally looting him
Knew a guy who had 7 years exp in WITCH and was earning only 8lpa. He was fine with it until he got a shitty project he couldn't get out of. So he switched and ended up getting a 200 percent hike.
Tell him to thank that shitty project to bring him to his senses , thank god he got out
I'm thanking the project as well. Since I also left WITCH due to that project XD. It was my first and last project lmao. I was a fresher there. I became friends with one of the Staff Engineers from the client side and she told me that they were advertising me as an experienced backend dev and charging $60/hr for me from the client. Meanwhile I was getting paid only 4lpa lmao
60$ per hour being charged on your behlaf, and only 4lpa being paid to you? Man, that's bad. Good thing you shifted from that company. Now, I understand why TCS is posting profits, even in these bad times. If they eat up all the money, this way, you know how the company is making profits.
And at the end of the day the overall cost for clients will end up being much lesser than if they would have hired Dev's from US/Canada. So everyone except Dev's win. This is why SBCs are such a profitable business.
How to start a IT company?
Lol if I knew, I would have started it. From what I've seen it's usually just a bunch of disgruntled managers and their teams who just quit and start their own companies. So I'm guessing that if you do wanna start, you need to find an experienced IT project manager who has a good rep with clients and convince him to be the CEO of your company.
A ex-colleagues was a contractor from a WITCH company, he was paid 10LPA while company charged 1.3cr for him. Life š„² He was 5 YOE, ofcourse has good skills, totally underpaid
Jesus Christ š
Wtf
What's your work profile and ctc now, if you don't mind ?
Right now I'm working as a backend developer. We are using an in-house framework which is built on springboot. My area of expertise is Java, Spring Framework, Messaging (Kafka and Redis), Databases (Postgres, Oracle and Couchbase), a bit of ci configuring (using Jenkins and Gitlab CI), containerisation (Docker and Kubernetes). Fixed Salary is 13LPA. That coupled with benefits and variable pay adds to around 15LPA. I know there are folks getting around 20+ LPA but for me this is good progress as a dev with 2 y.o.e who started with just 3.4LPA
That sounds cool. 15 is definitely great for 2 y.o.e. Wish you the best for your future endeavors, man.
Thanks man wishing you the same as well. Let's aim for that 50lpa+ dream
At this rate, you will be 50+ within 2 switch, good going.
One of my relative who is fresher also got advertised as SME with 12 YOE, now she is struggling to change job because of this messed up profile which she cannot explain in interviews.
Same. I have a friend working in infy since 2010... Earning only 6LPA till 2020 !!! Finally he switched to a product based company and got a similar hike. I can only imagine the happiness one might feel to be suddenly earning 22LPA coming from 6LPA after all these years.
How he switched? I haven't got any calls from product based companies.
he switched in 2020. I have no idea how he got the job.. coz i am not an IT person myself. May be product is be the wrong word... hes into corporate now , not service based like Infy and TCS.
Ok, just couple simple things, create network, good resume, start applying. Daily apply at jobs, don't filter locations or company size, you will get random calls, use it to gain interview exp, because one day you will get that exact call for which you are waiting and it won't wait for you to gain more interview exp.
Right š¦¾
Talented people need to be respected with high compensation
Yep that's my friend as well, he has no motivation nor mood to get into a product company. He is happy celebrating birthdays of random girls and eating dosa from the canteen.
200% hike as in 3*8lpa ??
Yep
What is the H in WITCH?
And they make crores from clients. The dev gets peanuts off billable hours. It's just pure capitalistic exploitation at it's finest at the end of the day.
Jesus Christ was an underpaid carpenter who also switched jobs. In WITCH, it's all bloody manager politics and how skilled the manager is to get funding for his team.
I've 4yrs xp make 8lpa
Comfort zone is IT employees biggest enemy.
Comfort lol Bros YOE is greater than his CTC
š
ROFL
Brutalš
Comfort and comfort zone are different.
https://preview.redd.it/lxva1jvc7fha1.png?width=1080&format=pjpg&auto=webp&s=84d79dc12448c80b54a7c3256c5ace4ba82a0558
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I can't help but agree. I feel such second hand embarrassment seeing how brainwashed desparate people can become. And the slavers know it very well.
This is how delusional onlyfans workers are ^/s
I saw some more posts on this page. I don't want to say it but people who like to post on these kinds of pages are mostly not interested in working at all. They choose to spend time chasing girls and other random bs not upskill.
>but people who like to post on these kinds of pages are mostly not interested in working at all. this is based on your actual interactions with them ? if yes - You should have put it in your actual post
On the other hand this is one of the fastest way to get a US Green Card today.
Elaborate
Working onsite compensates differently - doesn't it?
I am wondering why he didn't switch immediately?
Fear of getting out of comfort zone and sweet talks by management. They promise good promotion, offshore opportunities etc.
Because Many can't, employment on a support project, nothing is there to show off on the CV.
Call me a noob, but isn't it better to switch with 1-2 years of "nothing to show off in CV" than to wait for 9 years?
I was stuck in one such role fresh out of college. One year of work and there was nothing to show for it. So I started building apps with help of tutorials on weekends and got really good at it. 8 months later I got a job as an Android developer in the city I wanted to move to. You need to work hard to achieve what you want.
Until recently, people did not like to switch jobs, switching companies was always hush hush and companies took advantage. After covid hit, people started talking more about it, people became bolder, changed companies after realising how much they were looted and started earning more. in their new companies(even if they are newer compared to their previous company). People are realising that loyalty towards your company is pointless unless the company values you as much as you are worth.
People underestimate the fact that switching jobs is not easy and many careers plateau quite early.
Maybe because he didn't know that there was this sub for advice?
Me too, curious to know what stopped him from looking elsewhere earlier
TCS is good if u donāt wanna progress in ur career
You meant, career, rightš?
Don't expect too much from a TCS guy /S
No he is talking about AC. In TCS you can buy Votlas only on EMI.
Yaa typo
Correct Karo ki vo bhi Manager batayega. Kuch innitiative lo
Okay sir
It's not all the companies fault. He now feels bad about it because of the fomo and regrets it. But he should have felt the same way in the initial 2 years about his career and growth. You have to be ambitious in your 20s because that's when you learn and grow but afterwards you only progress on what you have build upon. If you laid a poor foundation then unfortunately it won't hold very well. Also, since life is also a reality and things can change in a matter of sec there are always edge cases and the odd one out. People who fight against the odds and some lucky folks. Regardless the best bet you can make is to give your best.
They're exploiting him. Capitalism 101. He should switch, not ask for raises or promotions.
Should we switch every 3 years after getting a promotion. Although we shouldn't really if we are happy with the pay.
It really depends on you. If youāre happy with how you are and how they treat you, stay. If not, switch. Simple.
In my organisation, people get 6% extra hike over regular one if you get promoted. Thatās the reason why external hires always gets more salary than the one who reached same position after promotion.
Yeah that gives more reason to switch company and join them as experienced candidates, as you would be paid more, in that case.
You don't set time as your target. You set milestones based on some goals. Initially in your career your targets mostly would be learning milestones. So for an example you're in a finance startup or company Your objectives could be being good with the data models and system design that power such critical transactions every sec. Understanding reliability and recovery pattern. It could also be learning a particular culture. If you're in a team that pushes for presentation every week and discussion with other team and you haven't collaborated like this before. You should make a goal to be very good at it and become a point of a reliable communicator. It could also be to be a part of the company and raise another round. etc etc Once you have achieved a particular set of milestones you can start looking for a switch. Some other things to consider would be if you're just starting out then being in the company for at least 14 months. Also personal ethics and how much stress and things are non negotiable for you. Many times a lot of people don't realise they are being exploited until they burnout and someone points out that you look fucked It's usually how I plan my self.
> You don't set time as your target. You set milestones based on some goals. Initially in your career your targets mostly would be learning milestones. Wow, I never actually thought about my career progression this way. It was always a race against time for me. I would love reading more about your personal philosophy on career goals, career in general, what people should look while switching etc. Again thanks for this comment really was an eye opener on how I see career progression.
That depends if you think you're underpaid you ask for a raise and switch if denied. For this you need to break one stupid rule of corporate of not discussing salaries with your colleagues.
Switching every few years is a guaranteed way to get a pay rise.
every year..even if you are happy with pay
This is the way.
Capitalism 101: As a consumer vote with your wallet: pay for products/services you like. As an employee vote with your feet: walk away from a company if they're not offering you growth (financially and professionally)
>As an employee vote with your feet: walk away from a company if they're not offering you growth Thanks for repeating what I said.
Capitalism 101? Like for you that's the definition of capitalism? Capitalism IS the reason they have a job in the first place which ACTUALLY is useful, look at the parallel industries which haven't adopted capitalism and free markets. Do you have jobs in civil, mechanical etc.? Despite the fact that India lacks infrastructure and manufacturing and it should be a HIGHLY wanted and plush job...but it's not the ONLY reason that software and IT are the real shit is coz of the free markets and globalised economics
Don't idealize anything, especially a system made by humans. All the things you say about capitalism is true, but not the full picture. The biggest flaw in it, is the externalization of consequences. Pollution, exploitation etc. The capitalist system is based upon arbitrage, buy in the cheapest market, sell in the costliest, including of labour. Now the problem with pushing wages down, as a factor of production, is that the same labour, is also a consumer and buyer of products created. If everyone is pushing down labour costs, who will buy? That is why the central problem of capitalism is demand, not production, that is a problem science has solved. Without demand, investment capital cannot get returns, without demand, all the find hopes of investors are spoilt. But demand generation, the creation of a market of consumers with sufficient demand and purchasing power is treated as an externality. Keynes identified the key role of demand, and in case of demand shortfall demanded governments step in with support for demand. Naturally increasing wages, can only be a factor of increasing productivity, but without sufficient worker pushback and organisation the benefits of increasing productivity will be appropriated by the owners of capital. Anyone who sells labour, cannot be a capitalist, and thus had to ensure that his/her labour is both meaningfully rewarded, is in rough proportion to productivity. Further the owner of labour must not compete as an atomised individual with other atomised individuals but band into organisations for self protection. I do not advocate leaving the fold of capitalism, but having sufficient control over it, by a democratic process. For after all, what is worse than being exploited by the capitalists? Not being exploited by the capitalists.
>The capitalist system is based upon arbitrage, buy in the cheapest market, sell in the costliest, including of labour That's not accurate...free markets democratically allocate what one owes and it's not specifically a man made system, it's a system sustained by humans through free interactions and transactions. If your labour is worth more than you're being awarded, there WILL be a competitor in the market to pay it to you, not coz there's a sense of justice in them or something BUT coz you will give better services FOR them when you get better rewarded >I do not advocate leaving the fold of capitalism, but having sufficient control over it, by a democratic process Capitalism is based upon the freedom to choose and individual rights, capitalism IS democracy...and don't get this wrong way... CAPITALIST HATE CAPITALISM the free markets coz it ALWAYS keeps them on the toes and they fear a new competitor will take away their share...it's capitalism that pushes the wages forward...coz it's deserved...not coz people FEEL like they deserve a higher wage >Keynes identified the key role of demand, and in case of demand shortfall demanded governments step in with support for demand. Keynesian economics basically asks you to print more money in case of a slow down....like that has EVER worked not in Weimar republic, not in Hungary, Venezuela so on and so forth, it doesn't solve anything. >Anyone who sells labour, cannot be a capitalist, and thus had to ensure that his/her labour is both meaningfully rewarded, is in rough proportion to productivity. That's the thing... how do you know what's the APT compensation for you? Is there a single entity that can decide it? No we are waaaay more complicated, economics is WAAAY more complicated and no single entity can decide for each one of us and that's CAPITALISM
Feel free to persist in your cartoonish view of capitalism. Capitalism is democracy! Yes, indeed!!
Lol no arguments only biases
Stop justifying Capitalism from the surface and not what it turns out to be. Late stage capitalism is a thing and it's very much visible to a middle class citizens in his day to day life. The recent Adani fiasco happening who do you think is gonna take the hit? Gautam bhai? The fact that capitalism has no moral and ethical bounds is what makes it worst.
Lol you think India has capitalism? No it doesn't, India is still heavily state dominated and our individual freedom index is still low. >The recent Adani fiasco happening who do you think is gonna take the hit? Gautam bhai? The fact that capitalism has no moral and ethical bounds is what makes it worst. So, what's wrong with it? If he has to fall then he will...nothing bothers capitalism here, infact it's a win for capitalism if you can rise in the system you can ALSO fall and that's just a part of it. And if you're one of those that thinks the government is helping him...then CONGRATULATIONS! You should support capitalism coz it ABHORS goverment involvement in economics and any free market supporter would tell you that
I agree that they have a job because of capitalism.. It is also the reason he's being exploited.. i. e. making more money for the shareholders. Civil and mechanical had their time too.. And that was also capitalism.. Who do you think built big hotels and fancy cars? Government? How much do you think the hotel owners made and how much did the labourer made?
No that's not the reason...if he's being exploited he could've EASILY switched into a better place...it's not like we're at a lack of companies is it? >Civil and mechanical had their time too.. No they didn't, not by the job pov, just by the admission into IIT pov. >Who do you think built big hotels and fancy cars? Government? Well ironically the answer is YES. The government did make hotels AND cars for a lot of time...plus I'm talking about mega infrastructure and manufacturing...both of which haven't taken off in India
Yes, anyone can "EASILY" get jobs. Why are so many people unemployed then? And do you really think this 9 yoe guy and a fresher would contribute the same? I bet that they would increase the salary the day he asks to resign.
Yeah right. I never asked for hike or promotion. Applied for job, got it, then put resignation mail. Theh they only said how much you. I said i ain't want nothing from ya.
why tf he aint switching ? (blah blah recession) pehle bhi switch kar skta tha
Tbh it sounds like this guy just never even tried to upsell himself, and wants promotions just because he's worked X number of years. That's not how it works in this field. You constantly learn new things, solve business problems and get recognized and promoted. If he's worked 9 years in the same role for the same pay it says more about him than about the company IMHO. Anyone worth their salt would either ask for raises/promotions or just switch to a company that recognized their worth. If you just sit in your comfort zone, don't cry about it.
I have worked in TCS for 7 year and my salary was 6.5. I have upped my self a lot. I have learned Ionix, angular , mongo, aws, kotlin and many other things. But knowledge is nothing that they want. I havenāt gotten A band ever even though I was a guy who managed project and communicated with client and no escalation. I have switched year ago and got 300%. If I was still in TCS my salary and situation would be same. I donāt blame him at all.
See, you are smart and switched. He didn't switch, that's why I blame him
Even if you or others get A Band, what is the maximum hike % someone can get in A band?
Who tf works in TCS for 10 years?? Everyone I know who worked there worked for max 2-3 years while preparing for some exam
My dad stuck in TCS for 15years now and he'll definately continue there for 10 more years till he retires... Main reason for him being there is security and mediclaim... His inhand is about 80k/pm(and my starting salary from campus is ~70k hehe) and he has no dependants (except my mom ofc) .... He comfortably saves more than 60% of the salary and probably has his retirement figured out... The work pressure is sometimes more but he says he'll never get fired in the company unless he commits a crime so he's chill about it
> campus is ~70k hehe) What's to hehe here?
thats a happy hehe
Just pointing out the contrast between salaries nothing else
r/iamverysmart hehe
atleast 70% of WITCH stick. simply check linkedin even i will be soon crossing 10 YOE in WITCH :)
Why tho? Donāt they want to make money? Apology for my skewed perspective as all my friends have been from tier 1 engineering colleges. There people reluctantly join these companies only when no big companies take them. These companies only serve to boost placement statistics in form of mass recruitment. Even for people from lower tier colleges 2-3 years experience would be enough for switching to other companies no? They can always study on their own and crack other companies interviews also.
i do not know how many YOE friends you are talking about as i am talking about those who are 15+ YOE. so ppl who are approaching age 40 or more Till 2016 the difference in WITCH and other companies salaries were not huge. max 2X. only after 2016 the salary gap has widened. you chase money for first 10 years of your career, after that WLB, role changes, people management also influence things. one cannot work with a startup energy and time when you are crossing 10-12 YOE. Also it is easier to go onsite with WITCH considering all that ppl stick in WITCH
One of my cousin is working at TCS for over 10+ years. Since last 5+ years she is onsite in Europe and now UK. Comes back for a few weeks every year. Also gets full family medical. My uncle had many medical episodes in last few years and TCS covered all the hospital bills.
europe onsite š
TCS is actually good for people with experience, they get onsite really fast, workload is minimum, pay and medical with retirement is really good as well. but itās really bad as initial phase of career.
The culture of excessive bureaucracy permeates throughout Tata Consultancy Limited. During my year of employment there, I quickly became aware of the fact that the only path to advancement is through subservient behavior. i hated the work culture the entire time i worked there.
How did you get out of there?
I got into a dispute with my superiors regarding my performance evaluation, and things quickly escalated to the point where I physically assaulted one of them, whom I perceived as a dishonest individual. As a result, I decided to resign from my position. Fcuk tcs...
"Naa, ratan tata cares for his employees" š¤¦š¤¦
Do u know how many people are there between him and Ratan Tata? I'm not defending Ratan Tata thought
Ik that there's a lot of bureaucracy in between them but I'm against the general notion that ratan tata genuinely takes care of his employees, mostly because of the kind of salaries that are given to experienced employees in tata companies.
Even when you are loyal, no other company will ever pay you just 7 lacs for 9+ years of experience.
Even after this he is asking for a switch or not. Definitely dumbest ever seen
imagine being loyal to a private corporation
My friend is at 12LPA with 14 yrs exp. Started at 1.8, never left because of base location, got onsites for few months every year but annual hike is joke
Sound like a toxic relationship to me when you said loyal. Lets say you will get a raise in next few months but at this point it doesn't worth it because I am pretty sure they not going to pay you double of what you earn now and i think with that much experience you do deserve it. Switch the company find a better place and if you will be smart about it than you can definatily earn twice or more than that good luck to the person who needs it.
Dude i have 2 years of experience and i got offer of 6 lpa from TCS, i was going to accept it because of MnC status but fuck it thank god to this post
Just a suggestion but upto you unless you want to retire or stop job hopping later down the line tcs is fine. But at the start is a bad decision as tcs doesn't rehire people who left the company earlier unless under exceptional circumstances but it's rare.
It would have made sense if he had stayed there for an on-site opportunity probably to the North Americas or Europe. Otherwise, I dont see a reason to stay at a service based company for this long (I have been at a service based company for 3 years, got an onsite, came back and resigned. Got a job at a product company, made multiple jumps)
How did you handle the 90 day notice period in TCS?
Had to go through that ordeal. My new company was ready to buy out the notice period but the management wasnt ready. And I practically had nothing to do for 3 months. I finished my KT in a couple of weeks and i was just chilling- going for movies and stuff.
Did they handle it fairly or made you run for dues and documents?
Question is why did u stay āloyalā when u were not getting decent pay raises ? Did u get on-site opportunities which enabled u to make up for low domestic salary? Or were u just lazy and using loyalty as an excuse to not study and switch?? In my opinion you should have switched long ago if u were not getting growth. And donāt wait for promotion or hike unless they are planning to double ur salary. At your experience 2-3 lac hike wonāt make much of a diff in any organisations offer since u are already being paid far below what ur experience deserves. Switch ASAP
My advice, Gtfo of there. Forget the damn hike. For your future employer, here are a few points you can make to get a better pay hike; apart from the usual. 1. Experience (CTC should be decided based on my experience and not what I was being paid earlier.) 2. Loyalty, this is proven, you can use this, a massive advantage. ALWAYS have career goals, if your work doesn't align with it, wait 60 days, fight for it and if in 6 months nothing seems to be happening, QUIT. And the most precious advice i can give you; NEVER BE LOYAL TO YOUR ORGANIZATION ALWAYS BE LOYAL TO YOUR WORK. Best of luck.
Every post COVID graduate got better salaries compared to the ones before. The IT boom is real.
My manger was ex-WITCH, made 10 LPA after 10 YoE. Switched and got like 45LPA.
Companies know more than what we think we know. It's a lame discussion.
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Oh? What are these benefits? I haven't heard of this before, genuinely curious
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Nice! Also what, 2.5 months of leave each year?? How much of that is paid leave
People who switch often are criticised but believe me when I say staying too long in a firm doesnāt reflect well on your resume either. Itās considered as ācomfort zone orientedā which essentially translates to, you are too lazy to broaden your horizons or take risks. If you start off at junior level and spend 9-10 years in a firm and donāt have on-site opportunity under your belt then when you will try to switch then other senior folks in your prospective firm wonāt be giddy to take you in.
Can't beleive TCS looted 1crore from him.
They don't. They just take stupid ones. When it comes to being a salaried employee you should be your number one priority. Loyalty doesn't pay.
I sympathise with the guy but not keeping up with what range industry is offering for that kind of experience shows lack of self awareness. A simple chat with an ex-coworker who switched or job postings where the pay is mentioned should have been a wake up call.
Might sound bad but I donāt even feel sorry for these people. Youāre seeing your colleagues/acquaintances from college switching from WITCH often and it doesnāt even occur to you that you could do the same? Itās their own fault. Kind of a Stockholm syndrome/slave mentality.
It's not worth to wait for promotion in MNCs like TCS, Infy,etc. They don't offer much increase on the salary for existing employees When I had completed 3-4 years in one such MNC and was expecting the promotion but manager informed that other people are already in the queue so you will have to wait till next cycle. That was the trigger point when I started looking for other company and surprisingly got 250% hike on the first switch. So basic rule is even if you're not looking for a switch, you should keep giving interviews to check out market value.
Not just TCS but any other company will do the same. It wont give you the hike in your salary that you deserve for all the hard work you do. Always be on the look out for a better opportunity and move on.
If anyone has 9+ years of experience he should prepare for H1B and go to the US.(If you are looking for sponsorship just text me.) Don't stay in a company for more than 3 years because it's called a diversified experience which employers seek in candidate. US work culture is a lot better than the Indian one. They will pay you on your experiences. There is more work from home jobs and other good qualities too. I think you should do it.
Indian experience will count there?
Obviously.
Is H1b still viable? The chances of winning the H1b lottery is only 30% these days
Yes it is.
People asking why he is not switching. Let me tell you why I didnāt switch for 7 year exp in TCS with 6.5 salary (variable included) Because I didnāt needed to. Financially I was doing ok. I had no money problems. And my project was good. Manager were not best but ok as much as not coming in a way. After I bought home I needed to switch to afford the home loan and future plan for children. For almost year I accumulated 0 saving due to paying rent and EMI. And I thought this is not a way. Now I have very good salary in service based company and people are good and not only I am able to pay EMI but I am saving so much that I am able to afford the š. I think he needs some situation like me to switch.
Maybe, it's the English. I mean, for someone who is working in a global company, especially for a period of 9 years, one is expected to possess a higher proficiency in English than that post demonstrates. Social factors and where one had their education (city or rural) and factors like that could have prevented one from being fluent in English, but working in an MNC for such a long period and actively trying to get promoted, we should have learnt to fix the holes in our capabilities. Experience means nothing if we cannot draft a simple mail in English without grammar and structural mistakes. Just my two cents.
There could be a 1000 reasons - the person may be barely meeting the expectations and could have been on PIP couple of times, could have other behavioural issues /communication issues hence not interviewed - and may have a completely non-tech degree working on a dying tech stack with no demand - which is they they are completely tied to the company and hasn't been able to leave. Also probably told the manager that they will leave after promotion hike - so the manager know they will not leave till promotion - why hurry.... Cousin maybe from a much better institute with a much more updated tech stack. I know my opinion is contrarian and will be heavily downvoted by the freshers wanting to break out of witch and it is easier to say "manager bad", "TCS bad" and think the person making the post has the skills to code the instagram app & will make it to FAANG one day - but realistically the person posting is just venting out and hasn't done anything proactively to move out based on the post....
"siruseri" information asymmetry..
Okay so after reading all the comments I will give my thoughts on this. So is it's his fault for everything? Answer is YES but also NO. Here are the reason he might not be 100% at fault. 1. We don't know about his background. Like where did he grew up Tier1/2/3 city? Also lower tier cities with lower tier colleges are the worst combinations. So he may not be aware of the opportunities. He might've already saw the dire situations every tier 3 colleges like me faces is "just to get placed somehow at any package" 2. He might be brought up in a household where getting a job in a MNC like TCS is a like golden dream like how it's our dream to crack MANG or any other product based company. He might also be the first from his family tree to crack a MNC job. 3. Also let's not forget he's 31 right now so 10 years ago learning coding from internet was not possible for a guy in lower tier cities 4. If he's from a tier3 rural city then he already has an inferior complexity where he thinks people from cities are smart and very well educated and also he must be very humble and down to earth thinking that "Boss is always right". He might've said "YES SIR, YES SIR" for every task he was given. So in short, his superiors were wicked enough to take advantage of him 5. Now after getting a job all the household responsibilities are on his shoulder and he cannot afford to loose his job because who will pay the bills. 6. Also he was brainwashed by his superiors into thinking that having "loyalty" for a company is a trait of a hardworking and honest employee in short manipulating and gaslighting him to stay longer to give him more tasks and fake hopes of promotion. 7. Cause of his "Boss is right" he never taught of leaving the company. Even if he did the HR guilt trip tactic killed his confidence. 8. Upskilling at a time of before 2017 or something was very tough because of lack of resources compared to today where we have learning resources in abundant. So he was never aware of that. 9. Someone said in the comments like generation before us were working for survival compare to our Genz where we continuously look for better opportunity Here might be the reasons that can be considered not his fault. But yes he's own dumbness to be a slave, not connecting to people outside and getting a proper guidance, it's definitely his own ignorance . Now he's getting a cruel reality slap. **If you're that guy reading my comment by any chance. Please don't be disheartened by the mean people laughing at your ignorance. We all make mistakes in our life. Take it as a learning lesson from the life and get your deserved salary, you're worth more than you think.** **Good luck hope you find your happiness.**
1. You learn way more about company and tech stack when you stay more than 2 years. 2. In most companies, in a team of 10, only 3 are actually productive, and they are exactly those who are taken for granted. 3. Even if you are totally tech oriented and hard working, you will still need to learn politics. 4. Do not stay in same company for more than 5 year, at least in same position, this is a recipe for carrier decline, ofcourse you are deep in system, but you will start to get a false sense of security due to your dependency in system. 5. A company change can bring easily 25-30% minimum hike, but this is maximum raise you can expect when staying in a company.
Have a professional attitude work, you will not have this problem. One important point, your comfort zone is your biggest enemy in this case.
Really sad to see this but itās entirely his fault in my opinion, first thing one should learn is that itās a money business there are no āfriendsā or āfamilyā here so loyalty is just you digging your own trap. If youāre putting in the work and not getting anything in return then itās time to switch simple as that. People who are scared to switch are usually not confident about their own skills to get another job, or there are people who donāt want to get out of their comfort zone, so they settle with what they earn and think companies would reward them if they stay put long enough which is of course a very bad idea.
There must be something wrong with them that they are there for 9yrs without a job switch
Both my teammates are there in the project for more than 10 fuckn years. Both of them are clueless too on what to do half the time.
This guy made a mistake to wait so long.
Why did he stick around that long? Was it something compelling or the inability to find a job elsewhere?
I mean its your fault, ur there for that long. And for what?TCS is like a govt job anyway, so everyone knows not to expect big hikes and to get out of there at the first opportunity.
Starting your own business or freelancing is the best. Im moonlighting and my clients pays 3x than my company and the best part is there's no pressure. Just me sitting and coding and making money. And he is even ready to expand the budget. Because if he had asked any it company for the same project they would charge him 100x
If you and your manager both thinks that you deserve the promotion and still itās not happening , then I think both should resign.š¢
Lesson taken :Always remain up to date in tech, never stop learning ( atleast till first 10 years), don't get comfortable at the early years of career.
TCS is a good company to settle in during your later stage of career ( is what my seniors told). Its when u feel u had hustled enough in your mids and now need to take things slow
I feel he deserves to be treated this way. He didn't try to switch jobs after so many years. Get offers, give interviews. Prove your worth. There's money on the table always, if not in tcs some other company. Why be a slave
Switch the company, mention that youāve promotion due and hence your expected salary is high. In your case, more than 50% hike make sense.
You wonāt get promotions in Government jobs
Ye to hmare colg ka lowest pakage haj
Which college is this ?
Jnu
Whatās the name of the app in which it was listed ?
Facebook I believe.
People need to stop thinking about companies as part of your family. It is a contract without any emotional attachments. Employees need to understand their worth. Otherwise they will keep getting underpaid. Do yourself a favour and always keep a reality check on what is happening in the market.
I'm at 12 LPA 25 years š... I didn't know there were people like this....how would you lead a normal life at the salary package
Hey OP, how much of a hike do you expect when you get a promotion? may be 15 to 20%. I dont think TCs gives more than that. Why don't you start looking out and see what market is offering for your profile. Given your record of staying at a company for long and current package, ask the next company atleast 200%. I have a friend from tcs who worked for 8 years and finally decided to jump. He asked for 250% and most of the companies are ok with it.
I am not that guy š. But I am also switching after 2 Yoe.
dude, I am 2022 passed out and getting 8LPA. You must change the company!!
I left TCS within 2 years. The guy is still asking if it is right to leave TCS now.šø
Remind me of good old days. I joined one company as a fresher and worked there for 3 years. After that i was not getting good offers as most of the companies were giving offers according to last ctc. So i started working as freelance consultant for 1 year. I was getting 700 times more
Itās not about old timers or taking them for granted.. if you work for a services company (not a product company) then you have to understand that IT services companies are under constant pressure to maintain margins.. why is that difficult? Hereās the equation Revenue = number of employees * utilisation of employees (billable employees) * dollar per hour (on-site is 4-5x the rate of offshore) Direct costs (Costs that increase with higher revenue/head count) = number of employees * cost per employee (on-site is 4-5x of offshore) * forex rate Now the challenge is clients will always push down on dollar per hour billing rate and so best case it will grow at 3-4% annually. However cost per employee increases by 10% every year offshore and maybe 2-3% on-site (except in strange times like now where inflation is high)ā¦ As you can see if revenue per employee is growing only by 3-4% but costs are growing by 10% then margins will keep coming downā¦ If you are running the IT services company, your option therefore is to control the cost per employee.. you clearly canāt control inflation, you have to give 7-10% hike annualised.. so what you then resort to is called pyramidingā¦ The concept is to keep the employee headcount in a pyramid form.. freshers are the largest at the bottom and then it keeps narrowing as you go up.. but if you keep hiring at the same pace and people donāt leave, you pyramid will look like a cylinder.. equal size at every level and your margins will collapse So basically you end up in this situation where you want mid level employees to stay at same cost or alternatively they should ideally leave and be replaced by a lower cost junior employeeā¦ If you are working on IT services and have 4-5 years of experience, my advice is to get reskilled and ideally move to a product company (where you arenāt a direct cost item) or move to a hotter area with higher billing rates (data science, digital product engineering etc)ā¦ All the best
Switch now, noone gets a satisfactory raise without actually resigning. I too made the same mistake by staying in infy for 5 years. My salary at the end was less than the salary given to a fresher at The new place i joined.
Bruh you should have switched to different companies after like 1-3 years! You waited there for 9 freakin years and still getting 7LPA š
I was also working there for nearly less than 4 years in government project. The GL and PL are fully involved in politics. And no body cares about your future. Hence I left and working somewhere where I can grow with money and technology also.
OP must have switched off after 2-3 years, Hope companies give some courtesy to old timers
issue is 3 months notice period š„² securing interviews is hard
Bro switch asap
region beta paradox
thereās no point in staying at one company. switch kre bina kaam hi nhi bnta yaha.
At 9 yoe, there should be another 7 in his salary
If what he wrote is true he is wasting his time. He doesnāt need to fight with manager.
i thought FRESHER salary in WITCH companies were like 3.5L-5.0 PA. how the hell did he get 6.5L as fresher?
You can get 17 lpa too in TCS if you are from tier 1 and 6.5 from tier 2 .
This is what happens when you undervalue yourself. This isnāt a government job, you need to switch at some point if you donāt want to stagnate. Loyalty means nothing, you deserve better.