Hi Murali,
5 k is low, agreed, but good for a start. All depends on profile and the exposure......learning man !!!!
Bond is for you, not for the company....if you don't like it, then jus stop working....company will itself ask you to resign.....
Bt i thnk, working with consultancy at this stage wouldbe much better, atleast you will get incentives for your performance.....and 5 k main to kuch nai hota !!!!
If you r in Chennai, then relocate to Bangalore......much more opportunities are there.....
From India
5 k is low, agreed, but good for a start. All depends on profile and the exposure......learning man !!!!
Bond is for you, not for the company....if you don't like it, then jus stop working....company will itself ask you to resign.....
Bt i thnk, working with consultancy at this stage wouldbe much better, atleast you will get incentives for your performance.....and 5 k main to kuch nai hota !!!!
If you r in Chennai, then relocate to Bangalore......much more opportunities are there.....
From India
Hi Murali,
Better not to take up the offer...they will make use of you with the bond. And it depend on your interest to which industry you want your career to absorb. There are many industry which pays you good money; provided you perform. Analyse and be profesional; we work for MONEY but its not a big deal....LIKE a CAT would say,"I work for MONEY, If you want Loyalty....get a DOG".
Hope this gives you a thought.
Regards,
A Shyam
0844806649
From India, Bangalore
Better not to take up the offer...they will make use of you with the bond. And it depend on your interest to which industry you want your career to absorb. There are many industry which pays you good money; provided you perform. Analyse and be profesional; we work for MONEY but its not a big deal....LIKE a CAT would say,"I work for MONEY, If you want Loyalty....get a DOG".
Hope this gives you a thought.
Regards,
A Shyam
0844806649
From India, Bangalore
Hi Murali,
" 3 years for 5k,6k& 7k " this somehow seems a wild thought being implemented as a strategy....
I would advise you to not accept the offer, as if any company is going for a bond the compensation has to be comensurate and also higher that what you can get in the market.
So, if you give 3 years of your performance you deserve much more that a Rs.1000 hike...which is anyhow fixed by the company so i think there emphasize is anyhow not performance...
Starting at 5k is not a bad idea but you should grow with your experience and compensation as well proportionately...
So, give a thought before accepting it...
Gunjan
From India, Bangalore
1" 3 years for 5k,6k& 7k " this somehow seems a wild thought being implemented as a strategy....
I would advise you to not accept the offer, as if any company is going for a bond the compensation has to be comensurate and also higher that what you can get in the market.
So, if you give 3 years of your performance you deserve much more that a Rs.1000 hike...which is anyhow fixed by the company so i think there emphasize is anyhow not performance...
Starting at 5k is not a bad idea but you should grow with your experience and compensation as well proportionately...
So, give a thought before accepting it...
Gunjan
From India, Bangalore
Hi ,
I agree with most opinions expressed here. My comment is about just one line in the quoted post - its not necessary that being from an elite institute with a good percentage makes companies offer 5 figure salaries...and thats from personal experience...
From India, New Delhi
I agree with most opinions expressed here. My comment is about just one line in the quoted post - its not necessary that being from an elite institute with a good percentage makes companies offer 5 figure salaries...and thats from personal experience...
From India, New Delhi
Hi Murali,
As a fresher you can go for it provided bond for 1 year not more than that and the salary can be fixed before in the bond period but not after that.
they can't decide your hike before 3 years without at least having a glance at your performance.
You can have a discussion with the people of that company and explain that this is what you are looking out at,if they agree for 1 year bond then ok, otherwise this is not the last place on earth. where you get a job.you have many more opportunities coming up
so, All the best
regards
Prabha
From India, Hyderabad
As a fresher you can go for it provided bond for 1 year not more than that and the salary can be fixed before in the bond period but not after that.
they can't decide your hike before 3 years without at least having a glance at your performance.
You can have a discussion with the people of that company and explain that this is what you are looking out at,if they agree for 1 year bond then ok, otherwise this is not the last place on earth. where you get a job.you have many more opportunities coming up
so, All the best
regards
Prabha
From India, Hyderabad
Hi Murali, This is not at all good offer.In fact it will slow down your careers growth pace, it is better to let the offer go. I wish u all the very best in you career Regards, vivekananda.G
From India, Hyderabad
From India, Hyderabad
3yrs bond is an atrocity... But lets view some other aspects of the paper as well... i m sure that the salary offered is ver low...its should be more...25k's to start with... with a gradual increase of 3k's every year... money does matter...so negotiate on the money....2nd you need to do a reaserch on the organization...where does it stand in market...and the likes...you have to look at the future of the org...3rd... look at the exposure you would get...if you are getting ample opportunity to learn and prove your mark...its the right place...for you to work...because you would grow there...and learn things....
Normally a guy who is hired for a HR...is given mundane work...or is restricted to a certain area... (in terms of IT)... but pharma gives you a good exposure... you have to read the doc...negotiate on the bond length to 2yrs...with a decent salry between 15k's - 20ks...predict where you would head in your career if you sign the bond...
every job has a + & - you have balance them out...
Rgds
Rishikesh Shinde
Head - HR
From India, Pune
Normally a guy who is hired for a HR...is given mundane work...or is restricted to a certain area... (in terms of IT)... but pharma gives you a good exposure... you have to read the doc...negotiate on the bond length to 2yrs...with a decent salry between 15k's - 20ks...predict where you would head in your career if you sign the bond...
every job has a + & - you have balance them out...
Rgds
Rishikesh Shinde
Head - HR
From India, Pune
Dear Murali
What i feel that the company must have just proposed such offer to check your integrety with the prospect organisation you would be working with.
However if they are serious,If i would have been you, i would have taken the HR of the company making such offer for a nice ride.Thats just ridiculous for the company to make such offer.
However pick up the offer and look up for another company for a better bargain and a professional environment.
As an alternative you can surely lookup for a job with a small time consultant as a recruiter and they after completing some time with them you can look up for a higher scale.
Take care,
Samir Kulkarni.
What i feel that the company must have just proposed such offer to check your integrety with the prospect organisation you would be working with.
However if they are serious,If i would have been you, i would have taken the HR of the company making such offer for a nice ride.Thats just ridiculous for the company to make such offer.
However pick up the offer and look up for another company for a better bargain and a professional environment.
As an alternative you can surely lookup for a job with a small time consultant as a recruiter and they after completing some time with them you can look up for a higher scale.
Take care,
Samir Kulkarni.
hey murali,
I agree with the views of co members.
Instead of signing the bond you can actually work with any HR consulting firm at your location, and wait for a better opportunity.
Joining a consulting firm actually gives u a understaning of what HR gamut is all about n that knowledge would probably help in your future endeavours
I suggest you not to spend ur time free but to join in a consulting firm
Kranthi Kiran
From India, Mumbai
I agree with the views of co members.
Instead of signing the bond you can actually work with any HR consulting firm at your location, and wait for a better opportunity.
Joining a consulting firm actually gives u a understaning of what HR gamut is all about n that knowledge would probably help in your future endeavours
I suggest you not to spend ur time free but to join in a consulting firm
Kranthi Kiran
From India, Mumbai
Hi Murali,
Bonds are devised to ensure extended work relationship with the employee, its not a vehicle for exploitation.
I cannot decide for you but I feel that you should not sign the bond for more than 1 year. Incase they are pressing for the bond then ask them to increase the pay by 100%.
Best wishes,
Ankit
From India, Mumbai
Bonds are devised to ensure extended work relationship with the employee, its not a vehicle for exploitation.
I cannot decide for you but I feel that you should not sign the bond for more than 1 year. Incase they are pressing for the bond then ask them to increase the pay by 100%.
Best wishes,
Ankit
From India, Mumbai
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