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LTI and Mindtree merger planned on 6 May as per media report . The brand name Mindtree will be dissolved. Seems appraisal discussions and hike is pending due to this event.
Don't expect good hike and people who can sense the future work culture , will start looking for the change now
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If you take a look at John Granger's September Road Ahead video, he mentions that, (not totally sure if I remember this right) about 10% of our global consulting workforce sits at 30% billable utilization, so this initiative is particularly directed at those people.
The exact percentage of people in that group I don't quite remember, but the 30% ute mark is definitely the cohort they're especially vigilant about.
There is also an associates bench problem, and to combat that, there is an initiative where you can get a new band 6 on your project for, like, 6 weeks for free with a minimum commitment of 10 weeks.
A lot of acronyms!!!
IBM Consulting is trying to fix a profit leakage problem - the consequences of which can be seen in our stock price this quarter. Q4 promotions are also on hold as a result.
If you are indeed seeking more money, the best way to do this at IBM has always been promotions. I'd recommend you start the conversation now, so you can be ready for q1 of next year.
Agree with IBM1 . Also - start interviewing elsewhere to find how much the market will pay you .
Seems like Deloitte is going through something similar on Ute . We are getting a lot of applications from D staff
How are we facing a profit issue? Are we not selling profitable work?
A lot of people on the sales/solution side… very different than that of B4