What would be the salary in TCS after 5 years?

What would be the salary in TCS after 5 years?

TCS Salaries in India

Designation Average Annual Salary
Senior Process Associate 3 – 8 yrs exp 4L 3L – 5.5L
Process Associate 1 – 5 yrs exp 2.6L 2L – 3.4L
Associate Consultant 8 – 16 yrs exp 16.5L 10.6L – 23L
Software Engineer 2 – 5 yrs exp 5.3L 3.5L – 10.9L

How much salary will increase in TCS from Oct?

The first salary hike was rolled out in the month of October. The company had hiked the salary by 6-8 percent in October but in the second rollout, the employees will get an increment of around 12-14 per cent average increment.

How TCS salary is calculated?

What is the formula for salary calculation? Take Home Salary = Gross Salary – Income Tax – Employee’s PF Contribution(PF) – Prof. Tax. Gross Salary = Cost to Company (CTC) – Employer’s PF Contribution (EPF) – Gratuity. Gratuity = (Basic salary + Dearness allowance) × 15/26 × No. of Years of Service.

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How much salary should I expect from TCS for a lateral?

If you are not into project manager or technical architect and if you are a lateral with just below 10 years experience (TCS does not hire above 10 yrs exp). You should get 12 L/p.a to 14 L/p.a. Please note in such cases you will be in radar position whenever there is a layoff scene.

What is the average salary increment after 1 year in TCS?

In fact, those who started at 3.15L per annum package as freshers, are now at 4.2L to 4.5L package after 3 years. TCS Salary increment after 1 year is generally is only 7-8\%. Is that the industry standard? Also it depends heavily on the rating you receive after 1 year in TCS.

Does TCS give ITA promotion to employees with 4 years experience?

TCS give ITA promotion to employees when they have 4+ years of experience. So there are very good chances of your promotion in next year. However if they are giving you salary more than 6 Lakh then there are chances that you will not get good hike. ITA Salary with 4 years of experience is somewhere between 6…

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How much does TCS pay when a Wipro employee switches to TCS?

– For a member, who is laterally hired, he/she would be getting a hike of 30 to 50 percent (which is normal). So, if someone from Infy/Wipro jumps to TCS, the salary must be 30-50 percent more than the regular people (considering your point, that the salary across the companies are the same.)