Company: Oracle
Date: 2014-01-01
Overall rating: 3/5
Employment status: current
Experience level: Senior

Not much compensation for average rating 3
Pros: Internal training, white paper, software access, vacation, salary hike during new hire, special salary for iitians only even retention amount upto 5L per year, starting 12L per year, retention applicable for first three years. Nice time for iit not for others
Cons: No raise, no bonus, layoff worldwide USA and Europe 800 during Nov last week, layoffs in Jan worldwide 14, layoff India Dec 1st week for cloud 24, effectively no job security for anybody except few iitians, and selected few who are being backed by higher management and selected for promotion, long term managers are hiring team members with higher renumeration than there own salary, long term employees are paid much below market rate as no hike in 2008, 2009 and 2013..black years, very less hike in other years, to top it all no job security, in US numerous higher management employee, so idc employees are unable to grow beyond manager in most of the cases. I do not know what's the future of average. Employees here, totally disillusioned in the present circumstances..everybody is not from iit nor technology entrepreneurs nor can get backing from vp's, so what happens with them