Hi Fishes,

I am been offered below split up in Wipro with CTC of 22 L+ deferred bonus of 3 L. Total -25 L

When I checked on 'deferred bonus', HR explained bonus will be split into 12 months so given along with monthly salary and end of the first-year completion it will be added to CTC. Details will be in the offer letter, HR told.

YOE - 11. Tech Stack - AWS, Microservices, JAVA.

2 Questions,

'Deferred Bonus' part can anyone confirm? As it's new to me.

'VP' given each quarter 100%?

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The deffered bonus likely refers to an interim hike they have rolled out last month. We are on 18-24 months clawback if we accept the hike. They've paid us respective hikes as a lumpsum for 2022, and will get added to our CTC in 2023. This probably an equivalent measure they have down for new hires to avoid any future conflict with new hires.

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Thanks for the clarification

Deferred bonus is not uncommon for wipro. . Its a way to make sure people stay in organization and do not leave before 1 year..

So end of first year that will be added to CTC ?

I am awaiting offer letter, hope it will be mentioned in offer letter

For YOE: 11 it is pretty low. Which band did they offered

Actually my total year of experience is 11 years and last 4 years I am working in AWS . This position is for AWS Consultant/Architect, so they have given relevant experience as 48 months.

Also if I get another competitive offer, does wipro will revise for my counter offer ? Any idea on this

Try for other offers, considering ur Exp it should be something around 26-28L

Ok sure 👍

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