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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!!!
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Okay so in about 18 years we can become director 🤔
I think you are already in that bracket.
Couple of dudes have really good negotiating ideas. U guys can do really well in business
https://www.instagram.com/reel/CkgExzkArcO/?igshid=YmMyMTA2M2Y=
With 0 expertise here's my 2 cents, I would go to a high number like 75fix and then based on how they respond act accordingly.
Okay.
I would suggest ask for a 100% hike. Worst case they will start from 40% - 50%. Whichever number they say will be the lowest of their range ( they will keep margin to negotiate). Try to drag them in the middle..in this case 75%..try not to settle for less than 65%. Drive as hard bargain as you can. Make sure you get highest of their range bracket.
Go for 70 to 80 range. The current trend from this year is ~15% var which goes upto 30%
It has gone this year
Also, dont forget to ask for a hefty joining bonus. If say you are asking for 90 lacs and they give you 65-70lacs. Ask for atleast 15lacs jb to compensate. They should give you atleast 10 lacs.
Ask for 80... Not sure they will pay but it's not good to quote less...later u can negotiate and settle for some good package.