Company: IBM
Date: 2011-03-14
Overall rating: 1/5
Employment status: former

IBM-Worst Cmpany-No package, No Skill Set
Pros: Flexible timing and Work from home sometimes  (only if u got laptop here and less than 50% people get that)
Cons: Bad things :
(i) Variable pay : If ur varibale pay is 1 lac, u will not be given more than 30 K and that too with best rating. Normaly average,people donot get more than 15K -20K  (15%-20% part from the variable pay.) unlike other companies ..they pay 80% -100% from the varaible salary and even 110%. So in the CTC,they show big package, but pay much less than that. So ur actual in hand salary will be : Total salary - variable salry - performace bonus.  i.e, ..u will get only fixed salary as annual package in hand  and not more than that.You can almost neglect the varibale salary and performance bonus from ur packag as they are paid almost nil at end of year.  

(ii) Variable pay is paid only once a year in march. So who left the company after 9-10 months, his/her variable pay will be lost. Unlike other companies 
where variblae pay is given quartrely. So u can almost neglect the varibale pay from ur package which will not be paid to you.

(iii)Very-Very Low package : While joining , company gives very less hike (normally not more than 20% -25%). u r ver lucky if u got more than that.
 But hike is very -very less here and that too not paid well.

(iv) Appraisal : Apraisal is almost nil here. Maximum 2%-3% after 1 year and that too with best rating otherwise for avergae rating, not more tha 1%.

(v) Work field :well in IBM, u will be recruited for some other technology and will be put in another technology. People with SAP skill set are working on excel sheets here. People with automation testing experts are forcefully dumped into maual testing. This practice is very -very common in IBM.
So technical u r very much risky here. Do not join here..if u r techie guy. ur all skills vl be ruined here.

(vi) No Process : there is no pocess for anything at all in this company. u wil be lost here for everything. U will run here and there miserably for any  help 
and end in losing everything.

(vii) HR :-ha ha ... I was here for long time and i have not seen HR  in this company.no body knows who is their HR and no comm from their side also.

(viii) Perfomance bonus : this is a part of ur package (3% of CTC) but will not be paid more than  0.5 % at all ..does not matter how well u have performed.

(viii) there are lot of other hell things in the company.....a jungle of politics..... here everythng is in ur people manger hand.  

(ix) If u resign before one year, thay will make ur notice period from 1 month to 3 months and again u have to fight back for  this.
Officially notice period is 1 month for first 1 year in company but they will increase that to 3 months whenver thay want (before completing 1 year) ..generally  with in 7-8 months of period  

(x) The iteration rate of company is  more than 40%. From here only u can imagine, how  dissatisfied are people from this company.

I highly recommend NOT TO JOIN this company, not even by mistake. U will ruin ur carrier here.