I got selected as AVP for Barclays India and my current package is 26 lacs with variable, I have total 14+ years of experience. Here I need some help to guide me through salary negotiations with HR that can I go till 35 lacs as fixed component ?
1. Benefits provided ?
2. I am an immediate joiner, any joining bonus ?
3. Relocation Bonus ? Since it’s Noida and I am from Chennai.

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

Cctc is 26 lakhs, then you can ask for anything near 33 lakh.
AVP packages start from 30 to 45 LPA

like

If you are moving to another city, you can get relocation benefits for that you have to submit quotation from different vendors and the cheapest will be approved ,for that check with HR. also one time basic of one month in your 1st month salary will be given for set up in new city, no bills or details required.
they can also help you search and get rental housing and pay the deposit, again check with hr(i didn’t ask for it as i have my own house in pune). clarify everything with hr regarding the benefits.

like

I am still waiting for HR communication, is it usual that they will take weeks to communicate to candidates ?

No joining bonus , only relocation bonus 1 month of basic pay. Performance bonus for every year, sometimes stock bonus, global stock bonus share matching policy up to 600 euros, 14 nights five star hotel stay, flight tickets for family, health insurance, accidental insurance, term insurance

like

Considering your total YOE you should ask more. One of HR disclosed the budget for AVP role is upto 45 LPA based on total experience. And be flexible for negotiation.

like

FYI : they are okay to offer 38-40 LPA with 9 years experience as well.

like

Hey,at the time of relocation,do they really provide other benefits apart from first month basic pay,like rental and its deposits and what if you have some dependendent ,say your wife,they do they provide flight tickets for her and other hotel facilities

like

Yes, they provide 15 days stay for you and your dependent, the flight tickets and daily allowance upto 1500 per head.

like

.

You may ask 35% on your fixed.. Not over your variable and bonus. Fixed to Fixed. They won’t approve beyond that.. Even if your new manager accepts, it goes for approval to rewards team and might get rejected. And then you have to either accept what they give or reject. No negotiations

Tech stack?

Hi! Can you please share how long did it take the HR to roll out the offer letter after you submitted your documents?

Related Posts

Re-invited to interview at BCG but also want to cast a wide net and apply for Mck and Bain. However got rejected last year this time at the resume screen stage. I’ve changed firms since I last applied (to a well known boutique) - is this sufficient or am I still frozen?

like

Hi Guys,
Need a referral for an opening in Accenture India Accenture. Would appreciate your help. Thanks

like
like

What's really cool about consulting is that you can clearly let your SM know you're going away with your family this weekend and they still ask you to build a deck for you by eod Sunday #blessed

like

If anyone is looking to work for Stryker DM me. Can give more info and potential referrals.

like

New to startup ecosystem. What are some resources, books, podcasts that help you along the way? Are there any communities you interact with regularly on Reddit/discord/meetup?

like

How many years do I need to be at Deloitte to be eligible for GSAP?

like

I’m at Withum, a public accounting firm, and the company is currently hiring a range of positions from entry-level staff accountants (audit and tax) with a start date of November 2023 to senior managers.
Withum is ranked 22 in the nation by INSIDE Public Accounting and also received many other accolades (Forbes, Fortune, Vault, etc.). I want to help people out, so if you are interested, please shoot me a message!

like

How much hike did you guys get this year?

like

Does LTI gives offer for 2 months notice period?
I had completed my hr round, and hr told she will be ok for 2 months notice period,I had received an Email that I had cleared all the stages but still doesn't hear back from them

like

Hello folks, can someone please refer me for any testing/QA opening in Capgemini , I'm having 4 years of experience in quality assurance (manual+automation testing).

Johnson & Johnson Hi any job offering in Johnson & Johnson Abbott

Looking for a SAP HCM functional consultant job in bangalore or wfh 4 years exp

like

Guys - A seasoned BSA looking for PO / PrM opportunities in asset and wealth management firms. Is anyone willing to refer me to their team or forward me to their acquaintances? Appreciate it.

like

Euphoria and my high school were so much alike.. I once watched a guy OD outside of my school.. people become addicted to meth by senior year.

like

I would appreciate some advice on this predicament. I accepted an internship for JPMorgan Chase in the SF office for this summer. It seems I won't get my bonus until I start in June. However in order to secure housing in SF I need that bonus. Should I ask for an advance for the bonus?

like

We're seeking a Manhattan Active SWE. Whose experienced with design and dev SaaS solution. Someone hands on exp with Java 1.8, Spring Boot, Kafka, and Aws. Along with expertise in microservices architecture. Send me a DM if you feel you fit the mold.

like

I am not in account but would love to have a more comprehensive take away from meetings particularly client feedback verbalized. How do you account folks do it? Tips and tricks? Thank you!

like

Help me save the day: have a massive excel file (600k rows) with duplicate records (column a, b and c are duplicate, not a duplicate if a and b are the same though). How can I filter for just these records? If it didn’t crash excel I could concat into one column, Conditional format for duplicates, and sort by color. What’s a work around?

likehelpful

Hey guys, I have a Google spreadsheet where each cell has multiple links separated by semi-colons.

How would you get the links to show up in different rows WITHIN a cell? (Pictured is what I want to achieve).

Thank you so much🙏

Post Photo
like

Additional Posts in Barclays India

Hello.. what Diwali gift Barclays is giving this year ?
Barclays

like

Hello Sharks
I joined Barclays on 21st March.
I heard that salary day in Barclays is 24th, so will I recieve salary this month or will it come next month only.

like

Is it possible to order chair, monitor from barclays. Are they still giving those items?

like

Hi Fishes,
Which will be better:
Braclays with 22 lpa on normal dev project or
NatWest group with 18 lpa on scratch dev project with 4.9 yoe?

funny

Hi guys.. can someone please provide some examples of what is to be written in performance review.
I am new to this organisation and consfused with the performance portal.
Not getting what exactly expected this what and how thing on portal.

likehelpful

How much should be expected in Barclays with 11 yoe

Position open is for AVP

like

Hi fishes,
I have got the below salary structure from Barclays . Please let me know the in hand salary per month for the same.
Thanks

Post Photo
like

Hi, I am looking for a referral at Barclays , I have the job ID with me. Can someone please help me? Thanks in advance

like

Guys, does Barclays have any projects which works in Power Platform technology ( Power Apps, Power Automate, etc)??

I need a referal

like

After joining with Barclays does it provide an Appointment letter? I joined 2 weeks back but i didn't receive it yet.

like

Forwarded from a friend, is this true?Barclays

Post Photo
like

Hi Fishes,

Please share Barclays designation hierarchy with salary bracket.

like

Barclays vs BMC Software... Any suggestions?
P.S. - Looking for suggestions purely based on job security, work life balance and career growth/hike opportunities (irrespective of current CTC offered)

like

Hi sharks,
I recently got offer letter of barclays and I accepted it. What is next process they do in regards of background verification.
Also want to clarify on offer letter after fix pay.. I am not getting variable pay section.
It is included in offer letter or not.
Please provide ur inputs.

like

Yoe-11.5
Current CTC -17.8
I have got an offer of 24.5 and designation AVP. I got what I asked.

Did I asked less?? Can I re-negotiate the offer? I don't have any other offer right now.

like

How much will be in hand salary if Barclays gives a CTC of 25 LPA?
Is the employer contribution towards PF deducted from the CTC?

like
like

Is there anyone who completed the last SHL test and is waiting for the result or call back from HR. For me it's almost a week now after completing the last SHL test but no reply from HR.

Note: Completed all the rounds and documents are also submitted.

Please share here if anyone faces the same situation or any relevant scenario.

like

Does Barclays provide pick and drop for Pune location (Baner)??

like

Hey Fishes

I will be joining Barclays Pune office in December.

I just wanted to know about salary account, do they need account in any specific bank or any banks old account would work?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal