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Inventum Technologies

Is this your company?

Please Don't Join this Organization if you have other option. They are financially unstable. - Software Engineer Inventum Technologies Employee Review

1.0
16 Jun 2019
Recommend
CEO approval
Business outlook

Pros

1-Only salary given at time but I also fluctuate. 2-New ppl joining in please be ware of false reviews & fake rankings. This is being done deliberately to recruit good ppl from industry.

Cons

1-All policies are made keeping in mind company's benefits. Lot of Salary deductions. 2- Financially they are not stable, You can expect appraisal from 1% to 7% that too with 6 to 8 months delay so that they can again torture you for next year in return of 2-3 % growth 3-They hold employee's FNF for more than 1 year any pay in installment(2 to 3 installment) 4-Don't join this handicapped company, it will spoil you. There is no zero Star otherwise I would have given the same over here. 5- No onsite opportunity.

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Inventum Technologies Response
6y
Hello, I am the COO at Inventum so I take full responsibility for your experience at Inventum. However, I believe this review is not a factual reflection of our work environment. 1. You mention that the ​salary is given on time and yet claim financial instability. I'm sure you realise this is a contradiction. 2. The only salary deductions are those mandated by law under heads such as TDS and PF which are paid to the government of India and your PF account respectively. 3. Annual Appraisal: We have a bi-annual appraisal cycle and also mid-term reviews for exceptional employees. Hike and growth are based on annual performance appraisals and the average increments are matched with industry standards. Top performers can expect double-digit percentage increments, while non-performers may not receive any. The rating is provided by peers and department heads. Increments are paid out retrospectively in case there is a delay in the appraisal cycle. 4. FNF is only delayed if the leaving employee has not completed his or her exit formalities like handing over, KT, notice period, etc. 5. As you can see from our web site and also must have learned during your interview process, we are a product company and not a software services organisation. Therefore, we do not deploy development staff onsite at customer locations. Regards,

Explore other reviews about Inventum Technologies

5.0
25 Jul 2022
Recommend
CEO approval
Business outlook

Pros

This company treats it's employees right and offers great compensation

Cons

There really isn't any issues.

1.0
30 Oct 2025
Recommend
CEO approval
Business outlook

Pros

Nothing to say as salary is late by 4 moths

Cons

No job security, no salary, no fnf, no increment.

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