Retirement benefits in TCS worth staying longterm?
Considering long-term career at TCS. What are the retirement benefits like? Provident Fund, Gratuity, Superannuation - how do they compare to other IT firms?
Talking product sense with Ridhi
9 min AI interview5 questions
Don’t forget to factor in the opportunity cost. Sure, TCS offers stability, but there are other companies out there that might pay significantly more right now. It’s all about weighing the pros and cons based on your priorities.
The Provident Fund (PF) contribution policy in TCS is quite favorable. Both the employee and the employer contribute 12% of the basic salary towards the PF account. This ensures significant savings for employees while fostering long-term financial security.
Medical insurance post-retirement is a plus.
Gratuity after 5 years. Max 20 lakhs tax-free.
Superannuation is usually a thing only for senior levels, I think. Not something you need to worry about at junior levels, but keep it in mind as you move up the ladder.