Hi folks,
My manager is giving me 1.65 L special bonus after 1.2 years of tenure in wipro alight project as my appraisal was missed by 15 days.
Special bonus has a retention policy of 2 years i.e I have to pay it back if I leave wipro before 31 oct 2024. Should I accept this or not ?

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Posting as :
works at
You are currently posting as works at

Leave it. Dont even think about it.

Its just a lakh rupees. Focus on switching. You will get mpre than this as joining bonus.

Once you drop papers these people will give ypu 50% hike to retain you!!

- ex-wipro

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I would say take the money. Keep it as FD..and when you want to switch keep the interest with you and pay the principal amount

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Actually I'm actively looking out to switch. So in case I accept this, will they utilise more work/efforts from me? and If I reject this I can do work as per my bandwidth and concentrate on switch ..

Then choose 2nd option

I cannot say how retention amount works exactly, will they deduct from your salary in notice period or you have to pay.
If you have to pay I am not sure how you lower your tax.
Because if Bonus credits to your account and if you are in 30% tax slab, around 50 from your bonus will go to tax. So think about it.

Pehli fursat main nikal lo

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