It’s worst company.Well, I know it’s brand name...then why m calling it as worst, ...there are so many reasons for it ..
Let us first talk abt good things which is not more than one :-
Good things : flexible timing and Work from home sometimes (only if u got laptop here and less than 50% people get that)
Now let us see the worst and ugly facts abt company :-
Bad things :
(i) Variable pay : If ur variable pay is 1 lac, u will not be given more than 30 K and that too with best rating. Normally average, people do not get more than 15K -20K (15%-20% part from the variable pay.) unlike other companies ..they pay 80% -100% from the variable salary and even 110%. So in the CTC, they show big package, but pay much less than that. So ur actual in hand salary will be : Total salary - variable salary - performace bonus. i.e, ..u will get only fixed salary as annual package in hand and not more than that.You can almost neglect the varibale salary and performance bonus from ur packag as they are paid almost nil at end of year.
(ii) Variable pay is paid only once a year in march. So who left the company after 9-10 months, his/her variable pay will be lost. Unlike other companies
where variblae pay is given quartrely. So u can almost neglect the varibale pay from ur package which will not be paid to you.
(iii)Very-Very Low package : While joining , company gives very less hike (normally not more than 20% -25%). u r ver lucky if u got more than that.
But hike is very -very less here and that too not paid well.
(iv) Appraisal : Apraisal is almost nil here. Maximum 2%-3% after 1 year and that too with best rating otherwise for avergae rating, not more tha 1%.
(v) Work field/Technology :well in IBM, u will be recruited for some other technology and will be put in another technology/ project. People with SAP skill set are working on excel sheets here. People with automation testing experts are forcefully dumped into manual testing. This practice is very -very common in IBM.
So technical u r very much risky here. Do not join here..if u r techie guy. ur all skills vl be ruined here.
(vi) No Process : there is no pocess for anything at all in this company. u wil be lost here for everything. U will run here and there miserably for any help
and end in losing everything.
(vii) HR :-ha ha ... I was here for long time and I have not seen HR in this company.no body knows who is their HR and no comm from their side also.
(viii) Perfomance bonus : this is a part of ur package (3% of CTC) but will not be paid more than 0.5 % at all ..does not matter how well u have performed.
(viii) There are lot of other hell things in the company.....a jungle of politics..... here everythng is in ur people manger hand. There is nothing in employee’s hand and ur manager is everything for u. There is not even HR who will come for your help.
(ix) If u resign before one year, thay will make ur notice period from 1 month to 3 months and again u have to fight back for this.
Officially notice period is 1 month for first 1 year in company but they will increase that to 3 months whenver thay want (before completing 1 year).. ..generally with in 7-8 months of period and even without asking to employee.
(x) The iteration rate of company is more than 40%. From here only u can imagine, how dissatisfied are people from this company and leaving each and everyday.
(xi) Job Security : There is no job security at all in this company.They will through you out whenever thay want . this is a very known fact to everyone.
(xii) Even normal machine tea/coffee is also paid in this company. So from here. u can imagine how "kanjoos " is this company in terms of money.
(xiii) There is hardly any function/party for the employees. and even if it is there, sometimes employees have to pay for that.
(xiii) No carrier growth : There is no carrier growth at all here. Even if u leave this company after working 3-4 years, ur package will be remain almost same when u have joined this. Even ur role also will not be changed.
There is complete employee exploitation in this company.
I highly recommend NOT TO JOIN this company, not even by mistake. U will ruin ur carrier here.