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Hi,
Can ibm pay 28.5 ctc under 7B band?
Guys, I got an offer letter from Tata Consultancy
Few observations I have where I need your suggestion.
1. Fixed Basic is only 18% of CTC. I think the only benefit from this is lower Retirals deductions.
2. There is one "Personal allowance" that is almost 70% of the BoB. Any benefit from this on tax?
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Anyone from Sacramento area/ Cali
Some truths are eternal

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Which company still not got appraisal.
Hi Fishes, need 11 likes. Please help.
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There was a time when loyalty used to be rewarded, now it is penalized. Sad state of affairs!
Rising Star
Very true
Chief
Buddy, they can't give increment of 30-40% to each of their employees. Suppose, you were given 40% hike then your team members will also demand the same and it will not be possible for any organisation.
So, they are happy to let you go and hire a new person. Not everyone leaves, so they are good. You left for more salary, so you're also good.
Nothing baffling really. A lot of people feel bad that they aren’t getting paid on par with new hires. But very few actually put in the effort to update their resume and start looking.
So the current model is working well for the companies. They just need to pay more to replace the 10%~20% that leave, instead of adjusting everyone’s salary upwards. Financially, it makes sense for the companies to continue the discrimination.
Don't be emotional just switch every few months
Chief
😂
15% yoy hike feels like dream 😥
yeah .. double digit hike ho jaye yoy..to most of the people will not look for switching so actively 😥
It's really a baffling trend