Hi All
Is TCS job security a myth or true?
I want to switch to TCS as nowadays I am feeling that without a job I can't run my family's daily needs and family debts.
And every 3-4 years I see a recession and Feering of a job. So I want job security rather than a package.
Tata Consultancy HCL Technologies Infosys
Same thought. I have housing loan and family dependencies, hence joining TCS. Security is obviously not a myth there. If you are just an average performer, you can survive
Performance wise am good, in my current company or SAP Labs or my previous companies I got good rewards or awards for my performance. But not sure when this IT will hit anyone and need to keep upgrade always.
lets say you join today at 15LPA. you have job security but after 4-5 years you will reach atmost 17-18 Lpa.
Inflation is running at 6-7% yearly but package increases at just2-3 percent plus your responsibility also increases.
If that being low ball frustration you can handle on the tha name of JOB Security then TCS is good for you.
There are many good companies not as secure as TCS but which actually help you financially and mentally. TRY for THEM.
TCS is just like a fish aquarium and from outside it looks beautiful and inside everything is artificial.
visa mastercard atlassian j.p. morgan ibm labs
cisco at&t intel nvidia morgan stanley.
They have kindoff very less layoff numbers and are very stable but TOUGHER than tcs as these are few premium companies
One should join TCS when your exp is more than 12 years and you are also already at a good salary because after that job security matters.
How much should be as per your view a good salary for 12 years + in TCS?
That's the only perks here
Does that mean job security is not a myth?
So what are the cons except hikes
Are you in SAP LABS? how's job security there ??
Yes, I am in SAP Labs. Work life balance is good job security depends on the project last year heard few layoffs. But not sure on that and in my project 90% of the tech stack is internal so there will be no chance of switching companies with the skills.
Even if there is job security, you will get increment in 3-4 % which cannot even beat inflation.. what's the use then.
Also , google tcs lay off's 2014-15 and you will know it also fires employees.
Yes, I have the same doubt but these family debts and responsibility hitting me to take some safe position
Tcs lays off in 2015 and 2017 in bulk and also fire the CEO two times ..
2015 is full of the IT economy down, but recent years are seeing layoffs before projects are empty in the name of cost cutting
TCS forcefully released One of my friends from UIDAI project.
What is ur tech stack and CTC, bcz wont have much budget for some roles
Yes U can join buddy TCS might match your expectations, work there for some years then switch, TCS has 100% Job security
If no project is there bcoz of the market down
No worries they will give you some management work but won't fire you for sure