I have joined Synopsys in mid Aug 2020, so my salary hike would be in Aug 2021? One of my friend said we will get in Dec. I didn't get any hike in Dec 2020. Does that mean I will get in Dec 2021 and not Aug 2021? Edit: I will not be getting hike for Aug 1 to Dec 2020, as the 140k and my grade was already considered till dec 2020 itseems when they released the offer. This is kind of cheating done to me. I would not have joined in the first place if I knew this before and would have tried other companies. EDIT: TC 140k YOE: 7+ #salary
you know the rules TC or GTFO
Means?
Total Compensation or Get the fuck out ??
TC or GTFO
Oh ho does that mean no hike?
Oh ho. No that’s not what it means :)
Hmm then what does it mean
In Dec 2021..
😭😭 Aug to Dec 2020 has no value. I did not get joining bonus also... 140k TC plus 10% performance bonus (may be variable bonus and not flat)
Nothing you do in 6 months warrants a hike in Dec 2020. What level are you?
Most likely your next hike will be Dec 2021. Unless your manager goes out of their way to do something off-cycle, but that’s pretty unlikely IMO.
Oh hoo. If I get hike in Dec 2021, then what's the point in working from Aug to Dec 2020
You should have gotten a sign on bonus for that. Ugh.
Also for everyone saying TC or GTFO, the answer is 🥜. I know because I work there.
What's your TC
Not too far off yours, 160 including target bonus and chumpy RSUs.
First year don't expect more than 2% at US maximum unless you have performed extraordinary and being as key contributor or got big business
Aah is this same for all companies in US
Definitely true for “older” companies like Synopsys who pay mostly in cash.
Do you get a hike
No I didn't. But one of my friend said that it's Dec.