Table of Contents
How much should a fresher save?
One should aim to save 15\% of the salary for retirement or start with a percentage that is under budget and manageable and then increase that percentage by 1\% each year to ultimately reach an adequate percentage.
How can I save money on a small salary?
13 Tips for how to save money on a low income
- Build a budget that works for you.
- Lower your housing costs.
- Eliminate your debt.
- Be more mindful about food spending.
- Automate your savings goals.
- Find free or affordable entertainment.
- Go to the library.
- Try the cash envelope method.
What is the average salary increase after 3 years in Infosys?
With an average hike of 8\% every year, you will get around 4.25–4.5 lpa after 3 years with Infosys, provided you join as a fresher. They may have salary correction, but that purely depends on your good luck. Chances of going to abroad will also be after 2 and a half year, and for US its like after 5 years.
How much is the company hike in Infosys?
Company hike totally depends on your relation with your manager and the kind of work you are doing. the company hike can be as low as 500 rs to as high as 5000 rs (totally depends on Luck then work factor). Infosys is one service based company. The hike given to top performers are of magnitude of 11–12\%.
What will be my monthly salary after 3 years of work?
After 3 years of work (considering 3 hikes, which is doubtful, 3 years i would say 2 hikes) your monthly salary would be around 34k a month. Chances to go abroad is ample considering your work contibution in project. Least to say, they’ll start initiating your visa and send you onsite by 4rth year or around.
What is the salary range for the first year in TCS?
If you get good percentage you’ll get more salary… salary ranges for the first year is in between 20–25k (based on the performance on training). Once you get confirmed (1 year post training) you will get confirmation hike which will be around 7–8k) and post that you’ll get company hike.