Hi Fishes,
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CTC depends upon the corporate grade offered to you. Looking at your experience it should be either BA3 or BA4. Usually people work in Barclays for a long period of time so you can consider a good work life balance. Pune is considered as a good place in terms of city life, home to many products companies, good night life(If you are interested), a slower pace than Mumbai, rent is affordable (if you are not looking for a very shiny place) .
Barclays does provide relocation expenses. You can check with HR for the exact details.
Can you share your existing CTC? and what are you expecting?
If the Corporate grade is BA4 then offer won't go beyond 24-25lpa from what we've seen. Of course, you can negotiate.
Salary structure is pretty basic. There's 40% as Basic. Another 40% for FBP (allowances which can be converted to reimbursement for tax purposes) and 20% as HRA. There's stat contributions over and above this (PF and Grat).
Variables separate (but does not form part of CTC and is entirely discretionary).
Work culture is good. Personally found really good work life balance. This however depends on teams. Learning really depends on what you're assigned and personal initiative.
Ask for BA4 grade and ctc around 25 LPA
Can you please refer me for Business Analyst position in Barclays
Looking at your experience of approx 5 years, they might give you BA3 if you don't have team leading experience as it happened with me. I also had applied and interviewed for BA4 - Senior Salesforce Developer but they didn't go ahead with BA4 and offered BA3.
As for as CTC is concerned, Barclays has a fixed budget for their position and counter offer or a lot of negotiation doesn't happen. Ask your recruiter for the budget for this position and decide accordingly.
Lastly, if you have applied for BA4, they might say the budget is 22 LPA or 24 LPA but if they end up offering you BA4 then they will offer CTC according to BA3 budget.
PS: I will be joining Barclays Pune next month.
@Infy if u received the offer how much is it? And what grade u got?
Thank you for detailed info on the post...
My CCTC : 17 LPA
ECTC : 27-30 LPA
Skill - Salesforce Developer
Role at Barclays - Senior Software Engineer.
Can you talk about the work culture and learning opportunities, what you have observed..
Please mention the Salary structure, components offered
How much did they offer if you got the offer?
What was your experience level?