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What is the resignation process in Oracle?
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At IC2 25LPA with 4 years of experience.
You are already in top earners of oracle..
I am at 9+ yrs IC3 and earning same as you.
Do not think about any hikes for 2-3 years atleast
Never
No retention on oracle anymore but what you got is more than IC2 range i would say. If you get a better offer in one year, don't think of staying as there is no hike for sure.
So hike happens only after promotion?
25 LPA for IC2 is already tremendous
Is that so ? Yeah base is fine , issue is only with the stocks
People who are having stock heavy compensation are in tears. Because at its highest the Oracle stock was at ~344 but now it ~190. Also, for stocks you pay 30% tax at vesting. So there is more peace of mind in having high base.
I don't have any personal experience with stocks , so this information was quite helpful
I also having an offer from oracle for IC3 Sr DB SRE role, hows the things inside for Oracle Health, which is now part of oracle, i heard in oracle huge layoffs are ongoing, is it safe to join ?
How bro? Please let me know as they did not offer me.
is 25 all base CTC or does it includes variables?
does it includes bonuses as well such as joining bonus?
No , only base , they don't have joining bonus
25 lakh CTC at 4 years experience is exceptional.
Can you share your interview round experience and the company you switched from?
Did you join oracle or re negotiated the salary