Formidium Corp Entry Level Salaries by 20+ Employees (Updated 2024)

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Finance & Accounting Engineering - Software & QA Customer Success, Service & Operations Human Resources + 6 more

Designation	Avg Annual Salary	Open Jobs
Assistant Manager Fresher (AmbitionBox Estimate)	₹8.5 L/yr - ₹15.8 L/yr
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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Salary related reviews for Formidium Corp

Associate in Jaipur

Full Time

Finance & Accounting Department

3.0

• posted on 20 Jul 2024

4.0

for Salary and Benefits

Likes

Buddy provided was a great help and create a ease of working in new work environment.

Dislikes

Team leaders don't pay any attention to actual enhancement of employee rather they create two team within the team and play games .

Team Manager in Jaipur

Full Time

Finance & Accounting Department

1.0

• posted on 12 Oct 2023

1.0

for Salary and Benefits

Likes

Worst company

Dislikes

...basis. AVP Hr is very unprofessional and rude in their behaviour with employees. Only dry promotion are given here without salary hike. Also for gaining promotions you have to do jee hazuri

Associate in Jaipur

Full Time

Project & Program Management Department

1.0

• posted on 20 Dec 2023

1.0

for Salary and Benefits

Likes

Leave policy

Dislikes

...g in the team. SVP totally insane person doesn't know anything going in team. No promotion no salary hike after 2 years also.

Associate Business Analysis Manager in Jaipur

Full Time

Project & Program Management Department

1.0

• posted on 02 Mar 2023

1.0

for Salary and Benefits

Likes

Here is nothing to like.

Dislikes

...Appraisal - Company is not promoting the deserving candidate since last 2 years. Promotion without increase in pay is common here. No appraisal no appreciation is here. 3. Salary and Hike - Package is below industry pay, co-founders accept it but says company is not in good condition to pay any amount right now. no appreciation money for anything 4.Skill Development - Monotonous work in each department. There are no good seniors in any team who can lead you and help you to learn. 5. Work satisfaction - everyone is living with a afraid of job loss, no identification in this company. 6. Company culture - there are three things to say about company culture. i) They promotes only relatives, relatives can get 3 promotion in a year. ii) Favouritism - If you are favourite to your manager you will automatic got good hike promotion etc. iii) Nepotism is on the high here. No clear vision of co-founders and founders, this is the worst company to work. If you want stress in your life and insecurities about job please go for this company.

Associate Manager Finance in Jaipur

Full Time

Finance & Accounting Department

5.0

• posted on 14 Sep 2023

5.0

for Salary and Benefits

Likes

Excellent work culture with flexible work timing with no undue work pressure. Unlimited leaves for those having reasonable cause and no pay cutting for the leaves taken. Supportive team and motivating team and managers.

Dislikes

Nothing

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Formidium Corp interview questions by designations

Senior Associate (6)Fund Accountant (1)Manager (1)Associate (1)

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Formidium Corp Salary FAQs

What is the notice period at Formidium Corp?

According to AmbitionBox, 89% of the Formidium Corp employees reported a notice period of 15 days or less, 11% reported a notice period of 1 Month.This is based on 9 responses on AmbitionBox in last 2 years.

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Average annual salary for freshers in Formidium Corp is INR . Salary estimates are based on 27 Formidium Corp latest salaries received from various employees of Formidium Corp.