Oracle Financial Services Software Salaries by Employees

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Salary related reviews for Oracle Financial Services Software

3.9

Rated by 13 employees for salary & benefits

Staff Consultant in Goregaon

IT & Information Security Department

4.0

• posted on 06 Apr 2021

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adapts latest technology. High quality products like flexcube with global client base.

Skill development - Good

+5 more

Dislikes

Compensation is decent but growth is slow. Appraisals are not on time.

Associate Consultant in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 16 Mar 2025

2.0

for Salary and Benefits

Likes

Only job security and if you are in offshore team, in some projects you will get good work life balance.

Job security - Excellent

Dislikes

...you good hike. I have seen people on the same post for years even if u put work. When you demand increased salary or any counter after getting job at another company, they don't even give you a matched offer and won't even try to retain you.

Salary - Poor

+5 more

Staff Consultant in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 01 Mar 2025

3.0

for Salary and Benefits

Likes

Subsidiary of ORACLE -I only joined the organisation for the name ORACLE

Job security - Excellent

Dislikes

No salary hike in last 3 years, no pramotion -people are working on same designation for years, 0 Employee benefits - apart from salary and travel allowance (if you are working as onsite resource) you get nothing from organisation, most of projects tech stack is outdated

Skill development - Bad

+4 more

Staff Consultant in Pune

Full Time

Engineering - Software & QA Department

3.0

• posted on 10 Sep 2024

2.0

for Salary and Benefits

Likes

1. Work-life balance is good. 2. Projects and project teams are enjoyable to work with.

Job security - Excellent

+2 more

Dislikes

...rs for an appraisal and received only a 4% hike, which amounts to 2% per year 2. Even if you perform well, you may not receive a salary increase 3. Variable pay is low, ranging from 40 - 60% 4. Lack of communication with the line manager, as your project manager and line manager may be different

Salary - Poor

+1 more

Associate Application Developer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

3.0

• posted on 01 May 2024

1.0

for Salary and Benefits

Likes

Easy to work.

Job security - Good

+1 more

Dislikes

Low salary and hikes . Old technology. Good and elegant works is not appreciated and credit is taken by old timer even most help needed from you and most people know you doesn't matter. Slow people are appreciated.