31st March is the day when Swati gives incremented salaries to all our employees. This year the average raise has been 53% the highest is 75% – this is in line with what we have been doing for past 6 years, the %ages have varied but there never has been a year with 0 raise. Amongst other things since several of my boys and girls are getting married this year we have implemented a policy of wedding gift. This is equivalent of 2 month current salary and a 3 week holiday – provided he or she has been with us for more than a year.
Of Course! apart from these are the *additional salaries* which Swati distributes to her whims, they are equivalent to a month salary usually given out about 3 to 4 times a year.
And before any of you pop the question! no there are no vacancies as yet but there will be soon – keep watching this space.
Hmm.. my “whims” are carefully calculated cashflows
Does your growing company needs its own chef?
Not as yet, but someday definitely
You can definitely take me on as an ‘outside contractor ‘
I promise I will as long as you can outsource some of your pretty models for me to shoot
Hmmm….wish I was competent to apply for a job in Sanisoft…but no such luck!
75% is a lot. What will these boys and girls do when the go to the US and realise that the average increment is 5%?
Thanks for putting the figures in a proper perspective.
I don’t think that my boys and girls are going to US anyways. Europe maybe, Australasia yes – they mostly share my POV in most of the things.
they mostly share my POV in most of the things
Hmm, Tarique ‘Hypnotiser’ Sani?
Whoa .. 53, 75 those are *FAT* *FAT* hikes. Alas .. grunnttt .. aaargh.
Yes, this year was particularly good for everyone, but I checked we have never been below 25% WRT increments
W00t!
Are you planning to spread to VLSI or EDA domain ever
?
March 31st is damn too close to April 1st
Yes, it is close but not the same. Money is serious business!