Pros
Work life balance, learnings, and Hybrid Model.
Cons
I would like to raise concerns regarding the misleading communication around the CTC breakdown by HR. The issue lies in how the fixed salary and bonus components are presented during the hiring process.
The HR team adds a "guaranteed bonus" as part of the fixed salary, which gives the impression of a higher CTC. However, according to company policy, if you are offered this guaranteed bonus, you will not be eligible for the performance-based variable component for two appraisal cycles (equivalent to two years).
This practice is deceptive, as it suggests the variable component is immediately available when, in fact, it is deferred for two years. Essentially, the company includes the bonus in the CTC to inflate the offer by 20%, but employees only see the true value after the second year.
This lack of transparency misleads candidates and undermines trust. Clear communication around salary structure and eligibility criteria for bonuses is crucial, and I hope the organization takes steps to ensure fair and honest practices going forward