Bond & Notice Period:
- For freshers, there is a 3-year mandatory bond, plus a 3-month notice period.
- Interns are required to serve a 6-month internship, followed by a 3-year compulsory bond and a 3-month notice period.
- At the time of joining, the company asks you to submit a ₹1 Lakh bond cheque and sign a bond agreement on a stamp paper.
- If you wish to break the bond, the company demands a ₹1 Lakh bond-breaking penalty, plus the salary for the 6-month training period (₹1.5 Lakh), totaling ₹2.5 Lakh.
- If you break the bond without paying, the company may initiate legal action (court case). It’s crucial to read the bond agreement carefully before signing.
Probation & Leaves:
- The company has a 6-month probation period during which you are not allowed to take any leave.
Work Conditions:
- The office is located far from Thane Railway Station, and you will often face traffic on the road.
- Free lunch may be stopped for months due to vendor changes (previously, even evening snacks were discontinued).
- You may be forced to work overtime and on weekends without any extra pay. There is no overtime compensation.
Career Growth & Compensation:
- The first salary increment typically happens after 1.5 to 2 years of service.
- The company follows a March appraisal cycle, but delays of 4-5 months in the appraisal process are common, and even then, the increment is often lower than expected and below market standards.
- After the 3-year bond period, many freshers leave the company, and new freshers are hired. This cycle continues.
Management & Work Culture:
- No clear communication from management, and team leads tend to side with management instead of addressing employee concerns.
- There are no significant or interesting projects, leading to a lack of career growth opportunities.
- Management spends company funds on foreign/business trips and renting additional office space, which often remains unoccupied.
- The work environment can be negative, with employees hoping for improvements but without clear guidance from the company.
Other Considerations:
- If you are hired for a particular programming language (e.g., Java), you may be assigned to a different language or team. It's essential to confirm your role with HR before accepting the offer.
