Career Transition from TCS to a Product-Based Company: Salary Adjustments and Career Advancements

Transitioning from a reputable organization like TCS to a new product-based company can be a significant milestone in one's career. In my case, I spent approximately 2.7 years at TCS, earning an initial 3.96 LPA (Lakhs Per Annum), which then increased as I progressed in my role. Now, after switching to a product-based company, I have embraced a package of 10 LPA, a 175% hike compared to my previous salary. In this article, I will discuss the salary adjustments and career progressions following a job change from a large IT services company to a product-based organization.

Progression at TCS

My journey at TCS began in May 2019 as a trainee with a starting salary of 3.35 LPA. After successfully completing the first appraisal in May 2020, I received a rating of 4/5 and my take-home salary increased to 3.66 LPA. The subsequent appraisal in March 2021 saw me in the C band with a salary of 3.77 LPA. After two years of service, I was promoted to the position of a System Engineer with a package of 3.95 LPA. Prior to leaving TCS, my salary was 3.96 LPA, and with the offer from my new company, I now earn 10 LPA, which is a significant double of my previous salary.

Strategies for Salary Hike

There are certain strategies that can help you secure a sizeable salary hike when switching companies. One such strategy is to perform well in the#160;Digital#160;program at TCS. By clearing this program, you can significantly enhance your package upon completion of your two-year period. Additionally, working on#160;referrals#160;from within the company can lead to better opportunities, especially if you can secure an offer with a higher salary.

Steps Towards a High-Salary Job

Transitioning to a higher-paying role requires a combination of skill development, efficient networking, and effective application strategies. Here are some steps to consider:

Resilience in Digital Program:#160;Attempting to pass the Digital program a few times can help you secure a better package at TCS. It is a competitive program, but perseverance can pay off. Skill Enhancement:#160;Continuously work on improving your technical and soft skills to make you a more attractive candidate. This is especially crucial when seeking higher salaries in new companies. Referral Network:#160;Leverage your professional network to get referrals. Employers often prefer to hire candidates who are referred by existing staff members. Competitive Package Offers:#160;When you have the right combination of experience and skills, it is possible to secure a higher package in product-based companies. My experience at my current MNC, where I served a notice period but then switched to a more challenging role, helped me secure a package of 9.2 LPA, which is quite a jump from my previous role.

Personal Experience

My own experience includes rejecting a job offer from TCS with 3.36 LPA and joining another multinational company with a higher salary of 4.5 LPA. After nine months, I secured an even higher offer of 9.2 LPA, a 175% increase. This success can be attributed to a mix of hard work, strategic networking, and the right application of these methods.

Advice for Aspiring Professionals

For those looking to transition to a higher-paying job, the following advice might be helpful:

Stay persistent and keep improving your skills. Work on your resume to stand out to potential employers. Consider referrals and networking as vital steps in your job search. Be prepared for interviews and demonstrate your expertise in your field.

In conclusion, transitioning from TCS to a product-based company does offer career opportunities with better salary packages. The key lies in leveraging previous experience, improving skills, and effectively networking to secure better job offers. I will continue to update my readers on my progress and share new insights on career advancement. Thank you for reading, and good luck with your career journey!

Edit: After waiting for 2 months for the HR round at Arcesium, I received no reply from them despite sending multiple emails. If you are interested, please refer to the screenshot of my last email for more details.