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My joining is on Dec 13th …for the last 3 mondaysI will be receiving some mail from tcs like mails about what they are doing and a reminder mail for my joining date but today didn’t get any mails ….when I can expect the joining details in mail…like welcome mail from tcs ?? Tata Consultancy
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Pro
In hand salary would be more in case of Morgan Stanley. They have a pretty good salary structure just basic and hra. No unnecessary deductions which blackrock has a lot.
Oh okay, thanks for your valuable input.
And do you think I can counter BlackRock with Morgan's offer if Morgan will increase my offer ?
Pro
Blackrock doesn't negotiate at all. The HR'S are very adamant. Morgan can still negotiate. The deductions that you see as part of CTC in blackrock are provided free/ on top of CTC in Morgan.
Oh i see. So overall i guess it's better to go for Morgan. Even if I see more on site opportunities are also with Morgan.
Rising Star
Hikes are almost similar for both. But Morgan pays very good bonus also the perks with Morgan are great compared to BLK
Pro
Okay thanks man
Pro
To be frank onsites are very rare in IB's. If lucky it would be for few weeks though.
Conversation Starter
Hows the internal hikes in morgan stanley and blkrock, do you have an idea?
I have worked for both firms, I would say go for BlackRock.
If you are looking for monetary benefits then MS is good, But work life balance and mental health also equally important. Also if you compare comp of both firms, BLK have 1 more component called Allowances as compared to MS. But all the components are taxable in both firms. In new tax regime, both are going to equally deduct tax.howerver, in old tax regime, BLK have less in HRA component as compared to MS. You will save more tax deduction in BLK. Rest you can DM me.