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I’m currently working in Citi as an AVP in Mumbai for the past 9 months.. due to personal reasons I wanted to move back to Pune (I have worked in Pune for last 8 years before coming to Citi) so I landed up with an offer from HSBC into Wholesale IT (GCB5).
My current Fixed CTC in Citi is 26.5 excluding PF and Retrials and HSBC IT has offered me 30.5 for the same and said they cannot increase further as am moving jobs in after 9 months which is too early..
Questions -
Have I been low balled?
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No
You must be on Payroll and not serving notice when bonus is paid out.
I’m pretty sure you don’t. The pay and reward section on hr intranet said something about not being on notice at the end of October, if my memory serves me right.
This has been the rule in every firm I've ever worked
It's why there's usually 2 or 3 months worth of attrition all at once after bonus payments go out - anyone looking to leave the month before bunny's instead waits until they're over the line to hand-in