Why IT Job Salary Hike 2024 couldn’t even beat Inflation? | TCS Wipro Infosys HCL Salary Hike News

Many use these companies used for training only. It should be like that.There is no morals left. Govt is giving DA after DA whearas TCS and Infosys giving to investors as share buybacks. Corporates has become parasites. We have to become bigger parasites. Learn from them and do nothing. I now understand why Indian are taught ramayana and Mahabharata after so many years

Typical video which seems like made by some one who has not lived the days in the industry that he is talking about.

Aap IT sector ki baat kar rahe ho, Civil Engineers ki toh halat bahut hi jyada kharab hai private sector mein

Guys all this tips of sending status won’t help . Unless you are satisfying your manager’s ego

Hi Pavan, I have gone thru this. Your vlog hit the nail on the head. However just like to add, I followed your "things to do" but it only resulted in layoff. Now I am working on transition to AI

you have a job is more important >>>>>>>>>> than jobless dumb ass searching next job

TCS has given only 4.5% hike for B band employees and 80% of the employees fall into this category. 7-8% is just a hype created by these companies via media but the reality is only 10% of the employees receive it.

My svp told me that due to dollar appreciation even the hike given to Indian employees is budget neutral

Paisa chaapo kuch bhi video bna ke

17% hike for this year💪💪 worked hard as well as smart

Great analysis on the dynamics of salary hikes! It’s crucial for employees to actively engage in conversations about performance and growth opportunities, especially in sectors like AI and sustainability that are poised for rapid expansion.

Last 3 years I had got 15% to 20% hike each year in a product based US company while others have got 4 to 7%. Trick is very simple colleges like IIM A,B,C and most MBA courses in abroad provide very poor quality of education and the managers and leaders are not capable of doing their job, so they will work you extra to hide their in-ability. So as long as you can make their problem go away you will get hike.

True

You are toxic and just making money through shit videos

Work culture in TCS is really becoming toxic from last 1 year...changing policies like toddler changes diaper...not employee friendly anymore...so finally resigned after 5 years.

Somehow I feel IT and BPOs are one of the reasons behind the significant increase in cost of living. House rents are now around 25-50 thousands. It has become extremely difficult for a common man not working in IT to pay that much.

Nowadays only way to get hike over the inflation rate is to keep switching

Pyaz 70 rs kg kah milra 😂😂😂 pyaz to 25per kg mil rha. Kuch bhi😅

In TCS, few people are yet to get their compensation letters. It seems that levels from C3B and above are yet to get it. I'm not sure how true it is. Can any C3B and above employee confirm this?

Hcl also hike is similar

It is around 20 percent. Anda bhurji used to come @ Rs. 30 but now it is Rs. 50. It is dinner of many like us.

IT jobs are limited and reducing day by day due to automation and AI. Companies like Meta, Google, etc are firing very knowledgeable, experienced and skillful employees. So certification and higher education may not be a solution to all the problems. Thinking beyond IT and thinking beyond a job has become necessary.
Wars in Ukraine and middle east is adding to the problem. Moreover, bank interest rates are too high and unless inflation comes down to 4% the job market won't change much.
Life will not be simple going forward. Take a deep breath and accept the reality.
If you open a tea stall don't be surprised if your manager has theirs next to yours.

we are already overpopulated so please understand

It’s not only TCS, the trend is same in Cognizant as well

good video overall

Company will always pay accordingly to their pockets n cuts...
Doesnt matter how much new you learn - what you do etc etc its all bullshit

Another Scam happening in TCS is associates in BPO5 and above grade get only 50% of their Quarterly Variable Pay ..no matter how good the Unit performs....the Scam here is most part of the salary increase goes in the QVA and when you get promoted from BPO4 to BPO5 your salary actually decreases as the QVA component has the maximum salary

IT is the most stressful place where real silent hard working nerds are constantly kept down and people who waste time and are good speakers are prioritised

TCS is failed give quarterly bonus to its employees And still largest IT company in asia!!! TCS work policy has 2 distinct divisions. One owner class and the worker class. Its similar like what we used to see in tea, jute, real estate worker. They work on daily wage and they are not permanent, they keep changing every now and then but owners don't bother as they consider them as labours without face name performance. Owner don't care if they stay leave or die.. That's the model TCS and other IT companies have chosen.

wow

Indian Inflation is a Fake number by BJP actual inflation is more than 8%.

I believe one cannot be in tier 3 collage and ask for IIT salary. If a person is good then he/she need to be in a better company.
IT salary is not famous due to these companies but because of FAANGS and nearby companies.

Simply companies doing cost cutting.... due to not getting new projects..

Its a matter of skill set . Incompetent people will faill any field. Intelligent n dedicated people will excel any field whether its agriculture or IT , will be successful n prosperous.

Tcs is a virus🤧🤧

If you are underpaid, it's your fault. Winners train, losers complain. How can you expect a company with 6,00,00 headcount provide a double digit hike. Even during this recession period, TCS never laid off anyone. There are internal exams in TCS like Wings 1, Wings2 and Wings 3. You can appear for those exams, if you want to upgrade your salary. If you don't think TCS is the right company for you then develop the right skills and switch to your dream company/start your own company.

When has it ever beaten inflation 😂

I got only 3.5% salary hike this year. I'm in a service based company and I was atleast expecting a 10% hike.

sir miru ela negatives cheptunte, software vellala vadda ane doubt a ekkuva create avtundi. Miru pani chesina field lo miru success ayyi, ela cheptunte. How should freshers of non it dare to enter in this field. May I know what's your view on this sir

I don't think it is any major problem because IT sector also hike 50% salary when it goes through good time. IT sector salary much better than any other sector in India

It easy to make a video and give advice but practically it’s far away from reality.. if you send email every month you will be in bad books of manager and by hook or crook he will kick out you from process

This country really needs proper implementation of labour law...then ye mf corporate companies ko akla aayegi

Very good points on nepotism in mncs , however more openly the overlap could have been defined, mostly language and region and sometimes even religion

Keep shifting company is the only way to get better hike..

IT people are cribbing about such hikes. Us sarkari people don't even get 5% increment

They are other fileds apart from IT field
Why cant people go for it

The real mantra is go for switch fro time to time, IT job has lost its hoopla long time back