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Hello 🐟🎏
When will be the retention bonus will be paid if a candidate joined TCS in the middle of the financial year. I.e September'22... Will that be paid on next year's September'23 Month only after completing an year in TCS?
And will the Retention bonus will also be considered as taxable income of the the current year taxes(2022-23)?
Looking for valuable suggestions!!!
Tata Consultancy
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Yeah their HRs are bit slow but you can definitely ask for 100% hike atleast at your cctc
Rising Star
Hey, it’s really low.. with Team lead position, you should expect something atleast above 15 lpa if not less !
There are resources with SSE who are @20 lpa
Which tech stack?
My current location is Chennai
A similar situation happened to me, I have cleared 2 technical rounds and they confirmed they will schedule hr round. I have waited 2 weeks, no updates on hr round. Then I contacted the consultancy They said that it was confirmed that they would schedule the hr and release the offer, based on the confirmation I have dropped my papers to reduce my notice period but after 2 weeks they scheduled one dummy technical round and rejected me without asking any technical question. Be careful with fraud interviews.
Rising Star
Hey, it’s not fraud!
This happens when the reviews clash between the Technical Round & managerial round !
Thats the reason you were asked about 1 more round where they might have evaluated you in a different sections and you got rejected.