Pros
Work Life balance, good campus at Chennai only, Good company for work ex people and those who wan to settle early in life, latest technology implementations and also which are outdated (PeopleSoft). It can be a dream company for them who work in PeopleSoft. technology. Many companWork Life balance, good campus at Chennai only, Good company for work ex people and those who wan to settle early in life, latest technology implementations and also which are outdated (PeopleSoft). It can be a dream company for them who work in PeopleSoft. technology. Many company still uses that technology and generate handsome revenues.y still uses that technology and generate handsome revenues.
Cons
for freshers it is the worst company to join over. Try other options or startups, they might give u less compensation but will get to learn a lot without u giving money to the company. Maybe they will say u so many examples but also in a very hyped way. 1) first of all, before u join the company they will ask u for bank guarantee of 3 yrs with sum of amount Rs 1 lac + bank guarantee opening charges (Rs 900 nearly). 2) Secondly, in above point I have written 3 yrs bonds which is equal to 36 months, but in actual they will intentionally delay the start of bond period by a month or 15 days or maybe more and from that day they will execute the bond period of 38 months and that also u will get to know when u have given them the amount. So bond period turns upto 39-40 months approximately. 3) for freshers they will give Rs 15000 as stipend (without deductions) with no benefits at all during training period(6 months) and post training period they will give 2.5 lacs but this has also a flaw. If u divide 2.5 lacs by monthly compensation, it will be nearly equal to Rs 21000. But in the end what will get will be same Rs 15000 with deductions of PF, tax, gratuity n all stuffs of which u will not be aware unless u give them Rs 1 lac whereas previously they used to give Rs 18000 (approx.) post training period. They have major offices in Chennai, Navi Mumbai, Pune and u will be deployed in one of these places with above compensation. 4) Lastly, the hikes here are performance obviously but percentage in hike is single digit (0-9 %). So if u think u will be earning a handsome amount after three years, I think u r kept in a dark side. The best performer which is 1 out 100 will at max get 4 LPA and rest (as in general public) will range in 3.1 LPA to 3.5 LPA. All the above facts about the company u will not be said at the time of joining or also in induction which every company organizes for new joiners(Know Your Organisation) , u will get to know slowly slowly when u get to start working here. Last but not least, u might get to learn a lot from this organisation for your career perspective but if u are happy with compensation and the incremefor freshers it is not advisable to join over. Its like u r getting a job by giving them money which u ll get it back only if u work continuously for three years . Try other options or prepare for startups and different companies they might give u less compensation but will get to learn a lot without u giving a penny to the company. Maybe they will say u so many examples but also in a very hyped way. I am not going to write anything negative about the company but only the truth before u plan to join the company of which u might not be aware off. 1) First of all, before u join the company they will ask u for bank guarantee of 3 yrs with sum of amount Rs 1 lac + bank guarantee opening charges (Rs 900 nearly). Unless u give them Rs 1 lac u will not get ur salary. 2) Secondly, in above point I have written 3 yrs bonds which is equal to 36 months, but in actual they will intentionally delay the start of bond period by a month or 15 days or maybe more and from that day they will execute the bond period of 38 months and that also u will get to know when u have given them the amount. So bond period turns up to 39-40 months approximately. 3) for freshers they will give Rs 15000 as stipend (without deductions) with no benefits at all during training period(6 months) and post training period they will give 2.5 lacs but this has also a flaw. If u divide 2.5 lacs by monthly compensation, it will be nearly equal to Rs 21000. But in the end what u will get will be same as Rs 15000 with deductions of PF, tax, gratuity, ESIC n all stuffs of which u will not be aware unless u give them Rs 1 lac whereas previously they used to give Rs 18000 (approx.) post training period. They have major offices in Chennai, Navi Mumbai, Pune and u will be deployed in one of these places with above compensation. 4) Lastly, the hikes here are performance obviously but percentage in hike is single digit (0-9 %). So if u think u will be earning a handsome amount after three years, I think u r kept in a dark side. The best performer which is 1 out 100 will at max get 4-4.5 LPA (never heard about this person) and rest (as in general public) will range in 3.1 LPA to 3.5 LPA. All the above facts about the company u will not be said at the time of joining or also in induction which every company organizes for new joiners(Know Your Organisation) , u will get to know slowly slowly when u get to start working here. Last but not least, u might get to learn a lot from this organisation for your career perspective but if u are happy with compensation and the increments then u can surely join here. It will be a great place to work in or u can search for other options by giving some time and patience. Please do ask for the salary structure (i.e the take home salary and deductions in CTC) from the company before signing the bond because they r quite clever and do compare it with other companies. Obviously other companies will have different salary structures but percentage in deductions will be same which is set by the government then u can surely join here or u can search for other options by having some patience.
