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Off Topic : 1) When Does a software engineer start financial planning for retirement since the our Career span is only 15-20 years on average.
2) How much and which schemes to invest to mitigate the risk?
3) How much do we need for retirement? Tata Consultancy Infosys Mindtree IBM Wipro Capgemini Cognizant HCL Technologies
How much you made this month?
Any REIT ETFs that people like?
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I'm into Salesforce with 6.2yrs of experience working as a Sr. Developer having the current CTC as 14lpa. And got an offer from Mindtree for the same Sr. Developer position(C3- Module Lead), as Lead position requires minimum 7yrs of experience. They offered me a package of 19.2lpa. Is this worthy? Please suggest how much can I expect from them? Also how is the hike cycle in Mindtree ? Mindtree
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Carmine will be pi55ed.
Good for existing partners, terrible for SMs, everyone else has time to figure out what it really means and make changes as needed. Boomers pulling up the ladder
Why terrible for SMs?
If you all understood the play OR be in their shoes, you would have a different tune.
https://www.investopedia.com/terms/e/esop.asp#:~:text=An%20ESOP%20grants%20company%20stock,those%20of%20the%20company's%20shareholders.
Here read this
Are they doing an IPO too?
There are some positives… You can get access to equity at a lower level and don’t have to wait until partner. I personally think it’s better than the partnership mode. Only downside is private equity now owns a piece, meaning less to the employees (assuming no value add by the private equity owner).
False- PE doesn’t own anything
It's easy to do profit sharing when you're not hiring US staff but giving the jobs to India. It's a trash firm with a terrible culture.
Tell us how you really feel
What level are you?
Senior manager