To determine whether you can expect a C1 or C2 band in Wipro as a 6-7 years experienced MBA with a current CTC of 10, several factors come into play. Here is a breakdown to help you understand and estimate what to expect:
Band C1 vs. C2 in Wipro
- Typically, for an experienced MBA with 6-7 years of experience, it is common to fall within the C2 band in Wipro. However, individual cases may vary based on specific skills, achievements, and the role being considered.
CTC Expectation
- Considering your current CTC of 10, you can anticipate a moderate increase when transitioning to Wipro within the C2 band. The exact figure can vary based on negotiations, market trends, and the specific role being offered.
Variable Component
- A 25% variable component is generally considered reasonable in many organizations and industries, including IT firms like Wipro. It provides a performance-linked incentive that can significantly boost overall earnings based on individual and company performance.
Quarterly Variable Percentage
- The percentage of the quarterly variable received often depends on your performance, team performance, and overall company performance during that period. On average, employees may receive anywhere from 50% to 100% of the quarterly variable based on these factors.
Considering these points, you can expect a competitive offer from Wipro within the C2 band, with a variable component that aligns with industry standards, providing potential for increased earnings based on performance.