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Salary hikes don't match company growth

Principal Engineer
Current Employee
Has worked at Oracle for 9 years
April 28, 2021
Bengaluru, Karnataka
3.0
Doesn't RecommendPositive OutlookDoesn't Approve of CEO
Pros

Good technology company, as you are working in a product company.

Get to work in new technologies and a good profile.

Cons

The company has a strange policy, where it doesn't consider giving salary hikes. The appraisal process is never in sync with package increments; both run independently. Local management looks to be helpless and doesn't have any hold on salary hikes. Oracle follows a strange appraisal system where an employee needs to get an offer from another company to prove their worth, even though they perform well and have been appreciated by their manager or the appraisal system. Employees work for 3 to 4 years without a hike, but any new joiner filling the same position will be paid a huge salary hike compared to their current package. Work-life balance all depends upon the team and manager.

Advice to Management

Try to share some business profit with company root-level employees too, who are part of your company's journey and are equally responsible for the company's growth.

Additional Ratings

Work/Life Balance
2.0
Culture and Values
3.0
Diversity, Equity, and Inclusion
4.0
Career Opportunities
4.0
Compensation and Benefits
2.0
Senior Management
1.0

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