Oracle

1. Initial package is good; CTC is fixed pay, with no variable and bonus components in the offer letter.
2. Excellent work-life balance, option to work from home, and leaves as required.
3. Good office infrastructure.
4. Lots of refreshment options: badminton, cricket, football, table tennis, carrom, and chess inside office premises.
5. In-house gym and yoga sessions.

1. No hikes. Might work for the same pay even after 3-4 years, though you are a top performer and from a premier institute.

2. Promotions and increments are independent of each other. Even if you get promoted, there may not be any increment in salary, even in the next 2 cycles.

3. There is no transparency in the process of increments, and definitely performance is not the key metric.

4. Not great food and beverage options at the office cafeteria.

Lack of motivation from senior management. Hikes and perks should be looked into.