Oracle Financial Services Software Principal Technical Consultant salaries in Bangalore / Bengaluru

Likes

Work culture

Dislikes

Salary is very low No hikes No promotion No clarity Very old technology Difficulty level very high in getting jobs with tech stack Please run away if you get an offer from OFSS Have seen many folks like me wasted their careers

Likes

Take Home Salary, Job Security, Work Life Balance, Although company may not teach you it is a very good opportunity to learn and grow in financial services domain. with recent upgrade in tech stack it is worth learning migration from old tech to new tech

Dislikes

First is the charm of the company. it is like most companies that lack the energy with people being proactive in work as well as in culture. there are no team lunch or outings that is core part of a team construction. Well settled people anyway are not interested so the flow goes very lame. With support to old tech stack personally was a trauma of not able to learn new tech as well as balancing between working with old and new technologies

Likes

Job security and nothing else

Dislikes

No hikes for years No bonus No good technology All old Oracle frameworks which doesn't have any value outside of Oracle. Very diplomatic manager ( when you ask for promotion or good hike - He will say we are not stopping you from going outside)

Likes

...e balance is pretty good but again it depends on the project you are working on.Every year we will get bonus two times.

Dislikes

Here in this company mostly work will be on SQL and PLSQL, company tools for customisation. Getting to work on these technologies also very less. So if we talk about career growth, learning will be very less.

Likes

1. Flexible working hours. 2. You may bluff with your relatives, marriage prospects that you are working at "Oracle", there is only ORACLE in ID card, email address, office building and everywhere. They will never find out the difference between ORACLE India and OFSS at glance. 2. Job security, no lay offs ever happened 3. No strict minimum 8 hours logging 4. No restriction for no of days to do WFH although some managers consider it negative. Hope Covid thought them a lesson. 5. Lot of foreign travel oppurtunites but mostly to Africa, Middle east and such non exciting underdeveloped countries.

Dislikes

..., position and job than existing employees (sometimes even double to triple). 4. If your salary has not moved much in three years, then it's a signal of rejecting and neglecting you. 5. Basic component in CTC is very less (just 25%) so that employer contribution and gratuity is very less. 6. Don't stay long even if you get some decent hike here. Not worth it. Not recommended for long term, but good for short term. 7. No perdium compensation for onsite travel. They reimburse only the expense bills. So less savings compared to travel in other companies.