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Hello All, I have one question. I was a fresher and joined one organization as external employee with third party payroll. I worked as external payroll for 1 year then I became permanent employee of organization was working. When i was a fresher my salary was below tax slab so my external exployer did not generate any form 16 for me. When tried to switch my new organization wants me to submit form 16 as BGC process. Will my offer get reverted?Cognizant Tata Consultancy HCL Technologies Accenture
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Only cons
No pros.
50 percent is vaguely very hyped up. Only around 2-5 percent of the total work force is on contract and they might increase it further due to current market conditions. Contract jobs are given because they save money. A fte does not have a fixed timeline, they cannot lay you off for no reason. So yeah.
Pros- take home might be slightly higher considering you are not provided any allowances (well-being, mobile, internet etc)
Cons- contract duration will depend on project duration. If the project ends early or requires less resources, there is a chance of getting fired without notice
Ohh got it.. thanks a lot