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TCS to announce Appraisal policy changes along with Hike on April 19 2010

TCS is all set to give some pleasant surprise to its employees very soon, not only the highly anticipated 10-15% hike throughout the board, but some changes in appraisal process too. The process changes are rumored to be aimed at plugging many loopholes in the current system.Also expect some of the previously discontinued benefits to be reinstated.

The policy changes are expected to be announced along with the Quarter and Annual results, as per market watchers the results are expected on Monday 19 April 2010, and typically after market close. The policy changes are aimed at providing relief to much complained aspects of the appraisal. They are listed below

1. Fair review for associates getting release during appraisal, or ones joining new teams just before appraisal. (This is for sure)

2. Fixing a maximum ceiling for higher bands for higher grades in a project ( This is highly doubtful as Senior  management wants middle management to be happy all the time).

This is a bit of information I received from someone who has the know of things, but wasn’t willing to reveal everything, so if anyone has idea please let us know through the comments section.

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My Last day with TCS

To all the TCSers reading this..  I have quit TCS after a reasonably long innings (for IT sector), with this friday I have completed my mandatory 30 day notice period and will be moving on to a newer organisation. Will that be any better than TCS is for anyone’s guess.But atleast one solace that Im getting a 60% hike on my current package .

You might wonder why Im sounding  little sad at this, yes just like you I have complained about this company, rejoiced whatever good things they have offered, flaunted the brand name with friends and family and met some really moronic managers  here too. My overall experience has been happy.

People dont leave companies, they leave bosses (supervisors  more adept for us)

When I joined TCS as a fresher and after my confirmation I came very close to quitting TCS,  when my PM said “Your technical skills are unquestionable, but you argue a lot with your superiors” and threatened to screw my ratings, he never did and he ended up giving good rating. He taught me a valuable lesson “If u don’t question your supervisor, you can be happy”.  I have maintained a silent profile and a decent rapport with all my managers,that is before I got into this account by a twist of fate. Being in a large organisation like TCS  you will one day face people,  looking at whom you might wonder  “How the hell did he come to this position?? “,  I did meet a few err, umm many of them actually. And when you have personal ambitions, want release  etc.. things usually dont work out well with your supervisors. This guy is just the typical supervisor we have seen so many people writing in the comments section, So I guess I dont have to explain the details. After the appraisal discussion, or basically a bargain involving many irrelevant factors, I found that its not in my best interest to stick with this account/Manager, who wasn’t ready to leave me easily. And said goodbye to them the very next day.

HR who??

Our account HR is one of a kind (maybe not), when she joined  our account she met everyone individually and collected the grievances and said she will try to resolve them then  forgot all those like a politician. For every simple question the answer would “First talk to your supervisor”, “We cant do anything about that” or “This is a business decision, I cant do anything”. After sometime she was more like PA for the GL/PM.

Joining TCS again ?

Sure why not, there is all likelihood one might end up having Supervisors just like this guy in any other company. My overall experience in TCS is of a good one. Considering TCS treats its laterals much better than its own employees, joining TCS  later in the career maynot be  a bad choice at all.

Will we follow TCS here at Dexternights?

We have added 2 new authors who are from TCS, and TCS being close to my heart we will be following all the major changes and your own articles are welcome. Mail your articles/grievances  to  admin@dexternights.com .

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Modified Curve Fitting in TCS for H2 appraisal (2010)

The post title has been modified after many have raised issues that band D % is not increased this time around.

Here is the new breakup as suggested by commenters :

A 10%, B 32%, C 43% , D&E – 15%

Old post —

Tata Consultancy Services will be announcing its annual hikes next month, but not everyone will rejoice the news, TCS generally tries to keep its overall employee costs same and predictable irrespective of the performance of the company. TCS has been under tremendous pressure due to increasing attrition rate over the past 3-4 months, unlike anytime TCS senior management have spoken about proposed hikes from last quarter just to hold on to the employees planning to quit.

Typically TCS fixes the share of each bands every year typically following is the Division (very sure abt B and C)

A – 5% B – 30% C – 40% D -20% E -5%
A – 10% B – 30% C – 40% D -19% E -1%

The above are normal scenarios but these values are kept as confidential and never shown outside, but this year the management seems to focused on making sure the band D is increased, several project GL’s have been conducting sessions explaining how Band D is not that bad.

And the hike is expected to be in range of 7-15% (highest in higher levels of management). Most employees will see a hike of around 10% max.