Hi Fishes, asking this for a friend working as SAP BASIS Consultant.
He performed well in TCS technical round and HR also seemed to be happy with his performance.
He asked for 8.5 LPA, his current CTC being 4.3 LPA, with little over 3 years of experience.
HR said they would call him later and after 4 days, HR called and said she was informed by management that they could only provide 6 LPA :(
Any idea why they offered him that less? He is very disappointed with the way things turned out to him

likefunny
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Maybe they got another candidate at 6 , so they can't give more than that. anyways he should accept the offer and try other companies

like

If it is candidates first offer then tcs and infy are playing this way as they are aware of people shopping offers ..but once you receive counter offer in your notice period then they will give you more.. my suggestion is to ask tcs hr for atleast 7.5lpa which they will agree i suppose ..then put papers and get some more offers

like

Hey!
It's TCS
What else do you expect, there's always a budget issue

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@SSE1 Ofcourse it's to fool the employees and to maintain their margins.
That's why they maintain good brand image for the world and shareholders so that get away with such ill behaviour with employees 😒

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This is similar to my case, normally Infosys provides upto 40-50 % hike on current CTC, but the candidate can also negotiate with joining bonus if possible 😊, they normally provide 50k-75k as joining bonus.

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Companies will always try to lowball the candidate.

Keep your chin up and continue the hustle. There are a lot of companies willing to provide the expected CTC.

like

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