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What is the hike percentage in salary in TCS after joining?

What is the hike percentage in salary in TCS after joining?

Now when it comes to hike percentage it will be around 6 to 9 \%. Some companies won’t provide hike if you’re experienced.. Unlike those companies TCS manages to provide sufficient salary for all its employees. If your first company is TCS then you will not find much difference in salary unless you’ve A band in successive years.

What is the package of TCS after 5 years of service?

Your revised package after 5 years is around 5 to 5.5 lakh rupees per year. This goes on for the next few years till you become an Associate Consultant when you receive the next big hike. I have known senior employees who have stayed in TCS right from the start.

What is the average CTC after 4 years of CTC?

The annual hikes after that are more or less around 2 to 6\% and it depends upon your performance over the years. For the best case scenario, you will receive three back to back A bands and a 5 rating in our first year. In that case, at the end of four years your gross CTC should be around 4.6 lakh rupees per year.

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How much of a hike do you get on the hike?

Based on all this factors, the hike could be anywhere between 3\% and 20\% (Sometimes on extremely good years, the top performers get even 25\% hike, and on bad years, the top performers get 10 – 12\% hike and average performers get 3\%). Finally, if you’re tagged as a poor performer, after 2 y…

Why TCS has decided to double the salary of freshers?

Starting this year, TCS has decided to double the salary of freshers, who have new-age digital skills such as AI, Machine Learning, Robotics, Big Data and more. Besides, a new recruitment platform has been developed which tests the candidates and based on the score attained, their salaries are determined.

What is the CTC of senior employees in TCS after 10 years?

I have known senior employees who have stayed in TCS right from the start. After completing 10 years, the gross CTC is almost 8 lakh per year for them while you reach the seven figure mark i.e. gross CTC of 10 lakh after serving 12 years at TCS.