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When will be the retention bonus will be paid if a candidate joined TCS in the middle of the financial year. I.e September'22... Will that be paid on next year's September'23 Month only after completing an year in TCS?
And will the Retention bonus will also be considered as taxable income of the the current year taxes(2022-23)?
Looking for valuable suggestions!!!
Tata Consultancy
When do we get salary ?
Last day of month?
What will be in hand salary.???
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Anyone hiring a sustainability or program manager/ninja? A bit about me:
1. Trained as an urban planner, I am a public policy and sustainability professional with 5+ years of global experience working with UN entities, governments, private companies, and communities
2. Most experience in managing and reporting sustainability programs, expanding and strengthening stakeholder engagements, and driving win-win policy solutions
LinkedIn: mahakagrawal2505
Email: ma4100@coumbia.edu
Sustainable art on IG: mahak.agrawal
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Any good resources to learn VBA?
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OP, I dealt with a similar situation. It can get very political very quickly. I would NOT tell your managers/directors/etc even if you don't plan to take it. I did that feeling like it was my duty and it made everything weird for a while. If they give you the paper offer AND you for sure want to accept, then you should tell your team and work out a transition.
OP: D will Buckley because at the end of the day it’s a client - and you will eventually be an influencer for D. Accept the written offer, and then let your SM or PPD know right away. Make it about travel/stability or something else and only incidentally about compensation
Until its on paper it does not exist. Act accordingly.
You wouldnt make 160 in 5 more years at ACN. Advising this guy not to jump is lunacy
Take it. Can always come back to consulting
Get the offer on paper OP and then accept and resign, then work out the transition. The firm does not care about you as much as you think, so just go for it...good luck!
Op, take the offer and run
Yeah D1 basically. More expensive city but still a giant raise
The offer is standard for the position I'm working in industry right now. I have a programming background and the client is currently trying to hire the same skill set externally. I have spent the past several months working directly with client management, and they have come to really like my working style. Client is a very large and well known player in their industry, but not tech. They have access to talent with much better technical and quantitative skills than myself, but I've been able to bridge the gap between technical skills and execution/communication to stand out and have an impact. Not filling in for a higher level position, just outperforming. D has offered to push for early promotion etc, so it's not just the client giving recognition. Just made myself irreplaceable and executed on a daily basis. I have a breadth of skills but have been willing to dig deep into things I don't know and come back with solutions.
I would get the F out of consulting
Yeah I get that EY1 but the question is more in regards to how to handle it. I'd prefer not to get fired from D until the offer is on paper
I had a consultant working for me get a similar offer when I was at Accenture. He turned it down because he believed 2-3 yrs in consulting would teach him invaluable skill sets and further his career. He believed if he went into industry too soon, he'd slow his learning pace and would de-accelerate his career. He waited till after a full 2yrs. at Accenture and left for a position much more lucrative and suited to where he wanted to be as well as further along than where he would have gotten to had he left the year before and spent the 2nd year in the industry role.
Question- what skill sets do you have that the client thinks is worth double your current salary? And if for some reason, that client left and you got a new boss, would they agree? If the company downsized, would you be able to find a
comparable salary based on experience and skill sets or would the market tell you you're not actually worth the pay? Shortcuts don't always pay off in the long run. Think this through and weigh all factors.
Swiggitty Swooty they paying double for that booty.
Yeah there's a good chance I take it. Managing all the bs around it though will not be fun. This would obviously be easier if it happened 2 years in rather than 6 months
Take offer and run. Not many chances like that to increase salary across career
To summarize:
1. Don't tell anyone at D
2. Get the offer in writing
3. Definitely accept this offer
4. Smile knowing you now earn 2x what your former peers at D earn, who will also likely work more hrs/wk than you in your new industry role
Contractually it may not be possible to put you in the same role. Depending on client position with firm, they may sue; contracts typically disallow badge swaps.
With that said, get an offer on paper. Don’t say a word to anyone at your client until that happens. I’d suggest telling the hiring manager you’re interested but need him to verify they’re prepared to navigate the contractual issues
My guess is that OP is an associate and is filling in for a senior or a manager in current fixed price engagement, so the client is already not just paying OP's salary plus normal associate markup, but actually paying a much bigger senior or manager markup. So it's possible the client won't actually be paying too big a premium above what they already are paying to D (vs what D is paying OP).
Way to go OP in demonstrating that value and jumping your career!
Get it, OP 🥂