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Can anyone give an opinion about joining Cognizant Bangalore now ? I have 1.8 YoE and they are offering a pretty good hike but I have heard news like there's managerial changes happening rn and many people are leaving the firm. Your opiniors will greatly help me in making a career decision.
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Hi Fishes, Pls help,
YOE: 13 yrs
Cctc: 13 lpa
Have cleared HCL interview. Initially they offered 23 lpa (via proposed offer letter), but i requested to reconsider it for 25 lpa.
After 5 days, they sent final offer letter of 19 lpa (stating they can offer max 50% as per L4 approval).
Queries:
1. Is this normal or rare case, reducing the offer amount from what quoted initially?
2. Should I accept or negotiate?
I don't have any other offer as of now.
HCL Technologies
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The chances of that are probably close to zero. Cost of living adjustments aren't that common. The only way to really make more money is to keep changing jobs, that's just an economic reality.
Rising Star
Unfortunately I think you are right
More than likely not but all depends on the company. I know there’s always an excuse for where I work as to why there’s no pay increase.
Rising Star
Most likely not but what is the point of surveying if there is not intention to do anything with the feedback.
Rising Star
That’s my thought! And then reporting back in a staff meeting.
Chances are slim to none. companies are obligated to do these surveys so that the employees feel they are being "included" in the decision-making processes in the office, but realistically the upper office folks don't have any real intention of using the survey results to reorganize things.
Rising Star
Most likely no...
Absolutely
Chances they will the address are zero.
I have not seen many companies offer a COLA to employee benefits but if that theme emerges it could become something that executive leadership prioritizes during budget planning. I would imagine any adjustments would not be a 1:1 with inflation but maybe more emphasis on pay adjustments and less somewhere else in the benefits package.
Chief
Likely they won't.