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Hi
How is the insurance BU project to work? And if we do not like the project what is the process to change the project that we are looking domain for? I am from background of Banking and capital market domain Persistent Systems Limited Persistent Systems Limited Tata Consultancy Cognizant
Hi Folks - can someone help with the hierarchical structure as per bands in persistent?
Like what is 7.x, 9.x and 11.x ? Is there anything above 11? I m about to receive an offer and would like to negotiate it properly !
My skill set- Microsoft Azure.
YOE- 12
MBA from ISB Persistent Systems Limited
Hi All,
Persistent Systems is giving 10% variable on gross annual CTC. HR says you would receive minimum 70% of variable pay every month and remaining 30% will credited once a year at the end.
Does anyone has idea on this? Can I believe this and include 70% variable in my take home
Persistent Systems Limited
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Yes they do, there should be a clarifying statement just below the compensation plan which says you will get this amount in equal monthly payment. Not sure about performance pay and company performance pay.. do they pay it in completely?
HR said that 7% performance pay will be paid on quarterly basis and the rest 3% at year end
I have the exact same question, I am having other Bonus as 8 lakh, so not sure that they will pay 100% .. However HR said that it's paid 100%..she gave me this over email also... I have seen in other post on Fishbowl that one person got salary breakup from Persistent that does not have Other Bonus component and has more fixed component.. So this Other Bonus is not universal thing I guess!!
CPB depends on companies performance this year as company performed well so we got around 13% CPB(Annual) this will be added in Aprils salary and about monthly it depends mostly i got every month the same that is mentioned in my offer letter...