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Hello 🐟🎏
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
About to head to the HC for a role in ProdOps and Strategy in Mountain View. 4 YoE at MBB, no competing offers. Recruiter gave me a form that asks expected comp.
Levels.fyi has only PM salaries. I haven’t been told the level but expect it to be L4.
What total comp would you expect for this role? Any advice would be super helpful, as I’m a bit lost.
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If it is ethical to delay previous year’s performance bonus for 6 months just so that employees stay longer, then what you are planning on doing is also ethical.
Very true C1, hadn’t thought of it like that!
Your employers, throughout your life, will pinch pennies wherever they can as long as they think you won’t quit. They won’t care if it makes your life worse. Don’t feel bad about screwing a massive corporate entity out of, at most, several grand.
As written in your employment contract, the firm can terminate you any time of their choosing, and you can also quit just the same. Where is the ethical dilemma?
Do you have enough vacation saved to cover two weeks past the date bonuses pay out? If so, then you are golden. If not, it gets a lot stickier.
Only unethical if you lie about intent to come back. You earned the vacation, if taking it means you’ll still be active when bonuses pay out, go for it.
Thanks for not giving a typical ‘partner’ answer 😊. I appreciate the honesty