infosys: Project Manager role - 23LPA (20% variable)+1.25L JB - nearby location
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Hi folks, I have recently joined Publicis Sapient taking an offer of 14.4 LPA. I have total 4.5 years of experience and my previous CTC was around 3.4 LPA. I had various offers in hand but not one to counter this one and PS is providing me 4x+, so I couldn't negotiate much.
Another thing is I was an immediate joiner as I had left my previous organisation 3 months ago so I couldn't wait to think about this offer.
But now I think it's low, what do you think please let me know and suggest.
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Chief
A suggestion from my side: From comments i understand Mphasis is not better choice. But I'll still say to join Mphasis because they are giving you higher CTC. Or you can also try to counter Infy with Mphasis offer. Reason I'm saying? You should switch again in 1 year in order to increase your ctc, and that time HR will again negotiate based on your current CTC. Since your plan shouldn't be to stay for long time(as that won't increase your ctc much), I would suggest to go for the one that pays the highest to have an advantage in your next switch
If you join Infosys as PL6, forget hike. Managers at max get 5% hike. If you want further promotion, it will be very difficult. From 6A you will move to 6B which is just roll change. I have not seen any of PL6 to become PL7 in a decade with this company. If your luck is good to get a new/growing project, then yes. Mphasis, i cant comment. This data is after observing 10-15 PL6 over years across units.
For your yoe, you are getting very low.
Go for Infosys as you will have a better wlb
Rising Star
Bhai apka ganda wala kaat raha hai HR usko bolo 45Fixed k neeche baat nahi krni hai …
Current ctc jo bhi ho apka … atleast next move me to galat offer mat lo bhai
I suggest you take Mphasis. Give more interviews, considering your exp, you should be getting at least 30 fixed if not more
Infosys better than mphasis
Thanks
With due respect, you are getting very low. 4-5 YOE people are getting this type of package now a days. Please talk to your recruiters.
All the best for ur future sir
Is it Banking Project in Mphasis??
Stay away with Mphasis dude, they cancelled full variable pay and hikes
I will say don't decide on the basis of variable pay issue. Even no one received variable pay this quarter but that's never the case earlier. You can stay here for one or two years easily, please connect with manager and discuss all the work and inputs. Mphasis is still good company to grow
Rising Star
What was your current CTC.? With 17 yoe , are you ex tcs employee?
Pro
Sir apko bht kam nai diya package
Would suggest mphasis for better pay. There is no guarantee on VP in infy
Keep trying even after joining anyone of the company till u complete 6 months, u might just get better offer. After that wait for another year. Take internal hike and then switch.
In PM it is not easy to get multiple offers in hand like developers or any other tech stack. Infosys looks good.
Infy
FedEx project then go for mphasis
Bro ur underpaid , pls don’t join . One of my Frnd having 2 year of experience getting 16 bro .. .. I just tell go for other opportunities ,
Very low CTC as per experience.. pls try to get more offers..
Go for Infosys
Offers are very less compared to your experience,
Infosys has more budget, Ask to revise.
Worked in Infosys, employee friendly company
Only problem is - if you stay for long period hikes will not be that good
Join Mphasis and switch to infosys again a year later.
Scrum master role doesn't have much stress compared to Project management.
It looks like you are in hinjewadi . Forget MPHASIS they are forcing everyday office . Also kharadi is kachara place . Don’t move there.