This study has been prepared on the famous Newton’s Algorithm - Newton–Raphson Method along with Linear Interpolation, Current IT Market Scenario and Macro Level Challenges which IT Companies normally suffer with.
The study takes into consideration that most of us would be placed in Band B or Band C. As, people hardly get Band A in TCS with 3 Years Experience. The study fails for Band D because TCS has an unusual process of decreasing the salary rather than increasing it. So by means if you happen to have a Band D (unfortunately) your experience would have increased with a negative hike in salary. It’s weird but TRUE.
The graphs and tables below show a comparative study of estimated salary hike in April 2012 across different TCS Bands for people having 3 Years Experience:
Ø Moving from Band B to Band B
| Description | Salary (Lakhs) | Band | %Hike |
| Joined TCS | 3.15 | C | 7.93 |
| Hike After Recession | 3.40 | C | 17.64 |
| Apr’10 | 4.00 | B | 18 |
| Apr’11 | 4.72 | B | 13 |
| Apr’12 | 5.33 |
The analysis found that there would be an estimated salary %Hike of around 13% with final salary falling around 5.33 Lpa.
Ø Moving from Band C to Band C
| Description | Salary (Lakhs) | Band | %Hike |
| Joined TCS | 3.15 | C | 7.93 |
| Hike After Recession | 3.40 | C | 17.64 |
| Apr’10 | 4.00 | C | 8.75 |
| Apr’11 | 4.35 | C | 11.44 |
| Apr’12 | 4.84 |
The analysis found that there would be an estimated salary %Hike of around 11.44% with final salary falling around 4.84 Lpa.
And finally the Blockbuster:
Ø Moving from Band C to Band B
| Description | Salary (Lakhs) | Band | %Hike |
| Joined TCS | 3.15 | C | 7.93 |
| Hike After Recession | 3.40 | C | 17.64 |
| Apr’10 | 4.00 | C | 8.75 |
| Apr’11 | 4.35 | C | 22.52 |
| Apr’12 | 5.33 |
A whooping estimated salary %Hike of around 22.52% with final salary falling around 5.33 Lpa. Even the graph has Skyrocketed.
Please note this is a salary estimate and has to be kept in the bracket of ± 2% Deviation. So if you happen to get a salary hike in TCS more than the ones which are mentioned above than that’s Great!! What needs to be seen is Can an Organization with 2.4 Lakhs (as on Q2-11) Workforce keep its Employees Happy??
If by any means the salary hike is less than what is mentioned above then start preparing your resumes, get those posted on job portals or get yourselves a reference for a company because you are not getting the correct price of the invaluable talent you carry.
In the end, I happen to remember the Royal Stag tagline It's Your Life Make It Large.
Please feel free to drop in your valuable comments. The highly anticipated post Realizing Your Potential While Experiencing Uncertainty would be out soon.
worst aprisal process in IT world .....!
ReplyDeleteIam a fresher who joined on Jan 2011.. I have my ILP Rating as 3 and Final Anniversary as 4.83(Will that be rounded off to 4 or 5).. Now, Iam unable to raise H2.. So how will my H2 or Performance Band be calculated..
ReplyDeleteWat would be the hike for a person moving from D band to C band....
ReplyDeleteHi I have a question. I have joined tcs on sept 2010(around 2 years exp) as a ep. on sept 2011 i got my final anniversary rating.It was 4. But no band was given. In the portal there was no band, only rating. my salary incremented.its around 4.90.
ReplyDeleteAnd now i have around 3.5 yrs exp. in h2 they have given me 3.70 (I heard it will be c band(in our prj only rating 4 are given b,maximum c and some d)).
My question is my salary is going to decrease, increase or will be same??
If you joined in Sept 2010, did you join as a fresher or experienced?
DeleteYour salary will be increased by around 10-12%
DeleteThis article is copied from http://endless-waves.blogspot.in/
ReplyDeleteMore in depth analysis and reviews on http://endless-waves.blogspot.in/
ReplyDeletehiii everyone..i am going to join tcs this year i.e. 2012.
ReplyDeletei am hearing some rumors that the initial package for fresher will be given as 3.8 lpa..is it true??
what would be increment for 2012-13
ReplyDeletefor current salary 3.49lakh with A band?
According to my experience it would be 3.91 lakhs
DeleteAnd your pay would be 4.9 after becoming SE...
DeleteHi I have got A band last time and this year my band was c. My current ctc 4.9 Will my salaray decrease if so on avg how much please !!!!
ReplyDeleteHi....my senerio is same this time....A to C....can u tell how my salary affected
Delete