@Oracle holding my offer since a month, the Hiring manager said he can't expedite it from his end because it's board of directors holding it due to budget. My BGV is cleared. Should I consider myself Rejected? Oracle Oracle India

like
Posting as :
works at
You are currently posting as works at

Youre the backup candidate bro

likesmartfunny

I was amazed to see that big companies that we used to call dream companies in college days eg. Oracle, Deloitte,Citi dont have budget to pay but TechMahindra, CTS, Mphassis etc are paying twice.


I am 5.5 yoe java Fullstack developer CCTC 10 lpa.

Oracle offered me 14 lpa
Citi 16 lpa whereas
TechM 19 lpa
Mphassis 21 lpa.

When I asked citi and Oracle to match they said no budget.

like

Obviously why will they.. product firms or captives like oracle and citi do not make money on you.. that means they not sharing your profile and charging from customers. Also their attrition is not as high as service firms. Also their systems are pretty good and so they know they can hire people within their budget and make them work with proper training and anyway they do not show your profile to customers . Also they care about their bottom line. they pay similar salary to all their employees. Where as in techM few employees are at very very low salary and few are at very high.. yes they won't give hikes and promotions for next few years to new joiners to average out salary but still.. lot of resentment and unhappiness in such companies

like

Happened with me. Waiting since Dec 1st. 😂😂

funny

I wouldn't join a company as big as Oracle, who had to block 11lpa

Look for something else

likefunny

You can get better offers from better companies.
Oracle can't afford you. So don't go to companies which can hardly affords you because what's guarantee they will do good appraisal next time. They can simply say you are already getting best.

like

How you get to know BGV is cleared ??

The hiring manager told me when I enquired.

If I were you I wouldn't wait

keep doing other interviews but keep an eye out for oracle offer till the end.

What's the offer you got that oracle got budget constraints?

11.5 LPA
Yoe- 2

Once the demands subsides, what do you think these(techm acn, wip, infy…) companies are going to do- 1-2% appraisal and bonus deductions. Right now many projects are there, which were canceled due to covid in 2020-21.

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