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Hello ,
I am currently working as an consultant for kyndryl as cloud sme with 7b band on lower level 13.5 lakhs. My contract is coming to an end so I contacted my manager was offered an job at same 7b level at 17 lakhs . Should I take the offer , will I have growth in the Company? I have an another offer from hcl 18 lakhs . Kyndryl Inc.
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I too feel there has to be a correction like even at M level salaries are not at par I thinkn
M level salaries are not worth the effort we spend. Margins in Tech are anyway low which get blamed on us. Can’t be expected to work 14-15 hours a day including travel and keep up with this high attrition. I am right now exhausted with managing just the delivery, BD is a different beast, there is no leverage from C because they are also busy with delivery.
After the utilization percentage was brought until C level, Cs do not feel the need to support BD as it affects the utilization percentage. They are fine to concentrate on projects.
Attrition is a big reason and ZS has the policy of not negotiating. That is fine but trying to make sure that people don't resign is something they need to look at.
Homegrown ZSers in the range of 6-10 years exp are leaving because they don't see a future here. We are slightly top heavy and its going to become difficult if we don't hit the 12% growth rate.
At least promotions can be slowed down and ensure people are compensated because as I hear, people getting promoted are not happy because of very low hike.
We need to find the right balance to ensure the structure is not impacted.
Any chance we might have a market correction this (upcoming) year ?
Don’t know. No information on it