Hi,
I had my salary discussion with HR few days back. The HR claimed that there will be 2 components. Annual PB and Monthly PB. HR said, we can get 80% Annual PB on an average and Monthly PB is 100% guaranteed. It's just shown as variable but it's actually fixed and receivable. Also, HR claims there will be an annual bonus of varying amount. Are these claims true? I want honest opinion. I have a better offer in hand in terms of brand name, but money wise HCL seems more.

likefunny
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Nothing is guaranteed in hcl. Both components are variable only. There is no "average" term followed by hcl.Sometimes average pb will be 50% and monthly pnlb went to 60% only.

like

The HR who is dealing with you for the offer literally knows nothing and give you lies.

Monthly PB will be paid 100% for few months, post that it will on actuals.
I joined kn July 2024, got epb 100% till Oct, from Nov onwards my quarterly performance kicked in and it became 75% now.

Consider variable at 60%-80% on an avg, and make your decision.

like

Thanks, then definitely not joining HCL

Thanks. So not joining HCL.

like

Monthly PB can be im the range of 40-70% max. I have received 55% monthly PB inspite of a 9 rating out of 10.

Make sure that you get a raise that would account for these losses in case you decide to work for HCLTech

like

Not joining

HR works in HclTech for sure buddy?

funny

I am not joining.

Hi, what about Advance Monthly Performance Bonus? Is that variable and how much can we expect that to vary?

Hi, AMPB is listed under monthly components and under variable components I have EPB alone. Would AMPB still be variable. Just clarifying given that AMPB has been allocated a huge chunk of the ctc, and it's worries me.

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As per my Offer letter there is component is Engagement PB.
Will this i get monthly ?

Does HCL give any joining bonus to immediate joiners?

Anyone else here who for offer from HCL as a Sr. Management Trainee as part of B-school recruitment. Do you have any idea about the joining date

like

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