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Hi Folks, I have recently joined Thoughtworks as applicable developer consultant. Currently I am having 2.7 year of experience. Just curious to know following information 1. Hike cycle and average hike percentage 2. Criteria for promotion to senior consultant 3. Average Hike percentage during promotion
Thank in advance for the reply ☺️
The attrition rate in Infosys for last 3 quarters roughly accounts to 75% (20+27+28). With nearly 3/4 of the company moving out in last 9 months, the Infy management have never seemed to have learnt a lesson from it.
Still no compensation revision given for employees who have been associated for long term (Say 4+ years)
Folks - Is there any compensation revision planned in the near future... considering the after effects of q1 fy23 attrition rise ?
Infosys Wipro Infosys Limited
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She works hard.
You don’t get raises every year In-house. Eventually you’ll likely hit a position ceiling for marker pay, and if you don’t like that ceiling, you leave for a new title or get a promotion. In my experience, I usually just take the inflation raises and enjoy working 30 hour weeks. There are likely boat rockers out there, but there lives are surely less chill than mine.
There’s no guarantees. It’s capitalism. If top line growth sucks, then bottom line manipulation starts, and if you haven’t proven value, that might mean you’re terminated.
Raises at my company are not negotiable. They are set across the organization. There may be some minor adjustments (including the point of some folks already being at the ceiling), but any merit or market adjustments are done separately.