Member • May 19, 2015
TCS Salary After 1, 3, 5 and 10 Years In 2023
Working for TCS is a dream for a large number of Indian software engineers. Several of my friends have been with TCS since the start of their careers. Some of them have been with the company for over 15 years!
Naturally, the question is - how does the salary progression look like in TCS if you are at different stage of career.
To answer this question I researched on the Internet and also talked to friends who are working in TCS.
Salary Packages in TCS Vs. Years of Experience with TCS
Let me answer your question straight away. Following are the salary ranges offered to TCS employees-
After 1 Year: 3.14 LPA to 3.8 LPA (Lakhs Per Annum)
After 3 Years: 4.5 LPA to 5.5 LPA
After 5 Years: 6.1 LPA to 8.3 LPA
After 10 Years: ~18 LPA
Now, you may have a friend in TCS who’s earning way off the above ranges; but keep in mind that these are the average salaries.
Salaries are typically decided by the project, your performance, and your past experienced + skills. There are certain professions like “Data Engineering”, “Data Science” that are evolving rapidly and are quickly becoming top-paying skills.
In addition, there are latest emerging technologies like Blockchain and Generative AI that have suddenly spiked in demand after the COVID times.
Perks of Working with TCS
While you consider the salary figures; also think about why people really aim to work for TCS. I’ve been told that these salaries are on the ‘lower side’ if not at par with the industry standards in the IT field.
But the salary makes up for the ‘almost guaranteed’ job. People equate TCS job with that of a government job where you can work without pressures and strike a good balance between your work and life.
Now, there might be projects where you’ll have to work harder than ever. such projects will exist in almost any company that you’ll join.
In addition to job security, following are the perks for working with TCS:-
Learning Opportunities: TCS provides extensive training and learning opportunities to its employees. This includes skill development programs, workshops, and certifications in various technologies and management practices.
Career Progression: The company offers clear and structured career progression. Employees can move up the ladder based on performance and skill levels.
Global Exposure: TCS has a global presence, which could mean opportunities to work with diverse teams and potentially even on-site assignments in different countries.
Job Stability: TCS is known for its stability, which can be a significant advantage in the uncertain IT industry. We already discussed this!
Work-life Balance: While this can depend on specific projects and roles, TCS generally promotes a good work-life balance with flexible work options.
Diverse Portfolio: TCS works across numerous sectors (like banking, healthcare, manufacturing, etc.) and technologies, giving employees a chance to work on a variety of projects.
Employee Benefits: TCS offers competitive compensation, health insurance, retirement plans, paid time off, and other perks.
Corporate Social Responsibility: TCS is involved in various social responsibility activities, giving employees opportunities to contribute to society.
Let me know how’s your salary with TCS? Are you happy with it and what are your experiences of working with TCS.