Paramatrix Technologies "Salary" Reviews

Likes

1. Good amenities are provided. 2. Office infrastructure is good. 3. Given perks, salary hike is as per industry standard. 4. Seniors are always supportive.

Dislikes

Meeting timings needs to reduced.

Work Details

Work days: Monday to Friday (Flexible Timings)

Work related travel: This is a desk job.

Likes

TIP: HONEST Review for freshers only. -Good for such freshers who aim only learning goals, not earning. You should have your family's financial background very strong, assuming that in 3 years you will be paid a stipend-like amount. -You will definitely learn new things. Good or Bad that totally depends on how you will reply back to the company when they pressure you. -You will learn Gujarati, Marathi, and South Indian languages here....Read More

Dislikes

Company forcing you to give positive feedbacks on portals like AmbitionBox or Glassdoor. So please be aware of fake reviews. Honest advice is DON NOT APPLY FOR JOB if they ask you to sign a BOND of 2/3 years. They will show you a nice presentation about how you will get 5-8LPA till the 3rd year. But believe me, this company will giv e you a hardly 3 digit or max 2K hike every year. They will do adjustments in CTC on paper accordingly. If you don't agree with their appraisals, they simply reply back one of the reasons following: 1. We expect you to perform well. 2. Our company did not work well. We are at a loss, still, we gave you a ₹4800/Annual appraisal. 3. As per our protocols, we already stretch for you. L<mark style="background-color: #fff5e4;">ater then if you still don't agree on that appraisal, you will be forced to accept that 3digit increment or else they straight-away warn you that they won't give you an increased salary and will be continued with the previous. </mark>i.e. Take that appraisal or Get the previous salary only. If you tried to get out of this bond, they will be very happy to accept your resignation against 3 Lakhs - 5 Lakhs only. TIP: you have to pay more for the release letter and experience letter. Looting employees by forcing them to break bonds is the company's additional primary business. Please be aware. Connect with ex-employees or currently working people on LinkedIn and them how the appraisal cycle works. They have the right to change your CTC structure at any time. In fact, they can fire you anytime and then charge you for breaking the bond....Read More

Work Details

-Firing SQL queries in whole 3 years. -Warming chairs by seating idle.

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This job involves Travel Within City.

Likes

Good work environment and teammates are very supportive

Dislikes

Salary is decent but career growth is slow

Work Details

Good

Work days: Monday to Friday (Flexible Timings)

Work related travel: This is a desk job.

Likes

Nothing

Dislikes

No increment, in the name of performance bonus deduction of salary, even if what thay said at the time of joining that much salary also not get fulfilled. They took advantage of freshers and signs agreement for 3 Years (+2/3 months of notice period) Only 12 leave yearly, You have to w ork 1st and 3rd Saturday also. No respect for employees. Any how if you join in month of let’s suppose in month of Jan you will get 1st apprezal Next year July(18 months), and hardly 2-3% hike...Read More

Work Details

Work days: Monday to Saturday (Strict Timings)

Work related travel: This job involves Travel Within City.

Likes

Good culture

Dislikes

Not giving salary on time

Work Details

Work days: Monday to Saturday (Flexible Timings)

Likes

This company cares all about its employees. There are many employee friendly policies such as health insurance, flexible timings, timely salary, awards and rewards are in place. It is definitely a learning curve for freshers.

Dislikes

Nothing that i could think of

Work Details

Work days: Monday to Friday (Flexible Timings)

Work related travel: This is a desk job.

Likes

***This review is targeted at freshers only*** This company has many well-established, multi-national companies as their clients. As a fresher, you might get an opportunity to work for their clients which adds good value to your profile. Most of the employees are freshers and the environment is filled with young people. Many managers and seniors come to help you no matter if you belong to their team or not. Recently, the company started providing training on new technologies such as RPA - Robotics Process Automation and BPM - Business Process Management. Once you join the company, you might feel that you have made a mistake but, if you work on yourself and be consistent you can get a better package after leaving Paramatrix....Read More

Dislikes

***This review is targeted at freshers only*** There are so many things that bugged me while working for this company. 1. Three years bond period - Most of the freshers do sign a two years bond period but here we have three years. Paramatrix Technologies states that they provide six months intensive training period based on various t ools and technologies such as HTML, CSS, Bootstrap, Angular, JavaScript, JQuery, SQL, Regex, MVC, .Net, etc. The excuse for three years bond period is training which makes zero sense once you complete this training. The training is basic, I remember watching 100+ videos on .NET which were downloaded from KudVenkat's YouTube channel (Yes, you can ask doubts to the seniors but still) and for MVC, I have watched Udemy's downloaded content. You will be a jack of all trades but master of none. 2. Location - The Main office is located at the Sanpada Railway Station Building. The people around that area are not so good. The first thing you see when you go downstairs is the bunch of drunkards, drugged people and prostitutes. It made me a bit worried as the surroundings affected me. The street dogs are quite unhealthy and in an almost dying stage. You can avoid all of this if you get an opportunity to work with clients. The clients are based in the Goregaon area, so the travelling increases but you get a good exposure. You might have to rent out somewhere. 3<mark style="background-color: #fff5e4;">. Salary and Bonus - Most freshers have no clue how to break down the salary structure</mark>. The company takes advantage of this. The monthly amount deducted (for no reason) from your salary will be labelled as Bonus. You won't even get Diwali Bonus or any other bonuses in this company. 4. Appraisals - The increment is quite low. This makes a problem when you leave the company as the next company offers you based on your CTC (and your skills if you crack the interview) 5. Projects - There are no internal projects. Average developers cant survive....Read More

Work Details

I joined this company as a fresher and started working for RPA & BPM team. Since, both the technologies were quite new, it was an adventure to learn with the team and create PoCs. Unfortunately, the company didn't get any projects while I was

Work days: Monday to Friday (Strict Timings)

Work related travel: This is a desk job.

Likes

Learning and responsibilities given.

Dislikes

Salary hike is poor

Work Details

Work days: Alternate Saturday off (Flexible Timings)

Work related travel: This is a desk job.

Likes

-Healthy Compensation -attractive salary package -Understanding and helpful colleagues -good job security

Dislikes

No point worth mentioning here

Work Details

Work days: Monday to Friday (Flexible Timings)

Likes

- Healthy competition. - Attractive salary package. - No tolerance for office politics. - Understanding & helpful collogues.

Dislikes

The number of leaves is less than what i feel.

Work Details

Work days: Monday to Friday (Flexible Timings)

Work related travel: This is a desk job.

Likes

Some positive benefits given by them: - Attractive salary and compensations. - Work-culture is good. - Accessible and knowledgeable senior leadership. - Employee oriented policies.

Dislikes

Much technical process involved for promotion.

Likes

Good for freshers Learning curve is good

Dislikes

Terrible work-life balance Low salary Work environment is bad

Work Details

Work days: Monday to Saturday (Flexible Timings)