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Is TCS not giving increment this year?

Is TCS not giving increment this year?

India’s largest IT services company Tata Consultancy Services (TCS) has announced reverting to its original wage hike cycle, with FY21 being an aberration. The new hikes for FY22 will be effective from April 1, 2021, across all geographies and is expected to be in line with the company’s past payouts.

How much increment will TCS give this year?

With the salary hike rolled out in October 2020 and the upcoming hike on April 2021, TCS employees will get around 12-14 percent average increment and this will be in line with the company norms, according to sources familiar with the development.

What is it like to work at TCS in the US?

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TCS is hiring people in the US at a high salary but their projects are still very low budget. Due to this, most of the local US hired employees do not fit in the project due to high billing rates and stay on bench for long time.

What are the benefits offered by Tata Consultancy Services?

The employee benefits are great especially the medical benefits. Also the job security is extremely high. TCS supports its employee in every situation and in unwanted times like pandemic or recession, while most of the companies ramp down their employees, TCS has never done it!

Are performance appraisals in TCS de motivating to 80\% of employees?

Yes the present Performance appraisal are indeed de motivating to 80 \% of employees. It seems they are pushed to the bands based on \% defined, which really pulls them down even tough they have worked hard… and yes the higher bands are pre defined for senior employees….this process must change The appraisals in TCS is just a bubble.

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Is Tata Motors a good Desi company to work for?

Except management and the compensation, everything is good. People with good rappot with the manager only will get the things done. They have a very long green card processing. Good healthcare and Dental insurance. Overall, good desi company to work for. Was this review helpful? Tata has a company tagline of “Expect Certainty”.