HCLTech Fusion Financial Functional Consultant salaries in Hyderabad / Secunderabad

Likes

The plus with HCL is like if you are lucky and get a good client/project you can have a good work life balance.

Dislikes

Their are multiple cons in the company - 1. They will deduct money from your salary unnecessarily in the name of variable which they say is rating based. I personally never got less than 9/10 in quarterly ratings but still they used to deduct around 60% from EPB. 2. Zero hikes / No promotions. In my almost 2 year career no hikes happened. 3. It is top heavy company. There are 2-3 key people in every project who decides the fate of others. Full of egoistic people in management.

Likes

...Infrastructure, Good Stable Company, good for the people who likes Job security! Salary is always on time, very good medical facilities and others employees' benefits. Overall, it is very nice company for sure!

Dislikes

Salary is on time but other incentives, your promotion, your bonus, your increments etc are in Arrears, You will get it for sure but always in arrears, HR is not at all effective. Just like your Job which is stable, your salary will be stable as well, please do not expect any other thing except Stability. Company culture in terms of HR is not at all good, no major governance towards how management is calibrating an employee, how promotions are happening? That is the only reason I left HCLTech, otherwise, in other domains, might be the HR as people doing good things. HCLTech is a beautiful organization but some wrong people who are in that position to spoil the overall experience and culture, My advice is to hire good mature people in leadership positions and especially in HR domain. Please save this beautiful company and I'm the sure the top management are doing lots of things to streamlines the process down there but really need to put strong governance on middle management, specially in HR domain

Likes

Salary on time. Good peers

Dislikes

More than 6 months delay in appraisal cycles. No appraisal if you are L3 band and above 20LPA. My last two appraisals were zero. Management politics. Management too much egoistic.

Likes

1) Work life balance is Ok 2) Good Managers and colleagues 3) Job security is good 4) Work satisfaction

Dislikes

1) Salary is too less 2) Salary increment is very less 3) increment does not happen on time 4) 2_3 % hike yearly 5) No skill development 6) Politics

Likes

Good annual full body checkup for employees and their family

Dislikes

Recruiter promised that I will be receiving the entire variable pay for the first year but I received only for a month and from second month I have not even received 50 percent. No hike/night shift allowance for E3 and above bands . Every project have 3 managers (reporting manager, service managers, who will be part of HCL for 10 or 15 years ) , and who used to micromanage to an extreme, they will ask you to work on company holiday and they won’t approve your comp off or Pay for the holiday. Once the project is stabilised , they will release the highly paid resource to the bench