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same info got from my manager for p4 and above they are not releasing in april that for sure.it may take as far as june
Chief
No hike in June as well that is confirmed..
They just given false promise as I heard keep. Employees intact.
We got communication.. it's deferred
Hey , how is the layoff culture in KPIT in automotive domain ?
Conversation Starter
Which management meeting ?
Which meeting ???
Just confirmed either they want to give or not... at least they should clear ..
Chief
They will not give in June as well.
U can read my bowl review I already told in jan.
Again telling in June as well they don't give. It's just spread so people wait.. Sk dont wait I am telling upfront again.
LTM no hikes anymore.
Below the P3 candidate I am not sure anyone who has an idea can post on that.
Chief
So they are giving is it true?
Or no information then let's wait and see...
Correct , I got confirmation that only salary structure revision will come tonight or tomorrow but hike letter will come later this month but date is unknown so means As Author mentioned it will go in July .
And this hike will be for 25-26 FY and for this calibration is in progress , 24-25 FY hike now forgot , that won’t be happen at all, it’s confirmed .
Chief
Even managers not getting hike so what they laughing in them self then.
Additionally some management people coming a d speaking on calls and saying give your feedback we will pass on to management.
What is the use of feedback.. All waste of time..
Nothing going to happen so employees keep quiet.
I believe they going to hit variable as well very badly.. J think so let see...
Which meeting this information was given ?
Chief
I too heard from senior person , salary restructuring as per govt labour law will get this week,but hikes don't know.
Can any one please guide what is the cycle for getting variable in Ltimindtree ? And do we get variable in case have put resignation?
Thanks