Company: Oracle
Date: 2019-06-22
Overall rating: 4/5
Employment status: current
Experience level: Junior

Good Company to work with
Pros: * Good work life balance

* Good pay at the time of joining only 

* May issue RSU/Stocks at the time of joining

* Housing assistance/House Rent Security Deposit Advance 

*  Retirement Separation benefits
    Employee contributes 12% of basic salary
    Company's contribution to PF is 12% of Basic Salary
    Company's contribution to Gratuity : 4.81% of Basic Salary
    Employer Contribution towards Superannuation Fund (SAF) : Needs to be opted deducted from your ctc
    Employer Contribution towards National Pension System (NPS) : Needs to be opted deducted from your ctc

* REIMBURSEMENT OF PROFESSIONAL BODIES MEMBERSHIP FEE 
   Employees can get reimbursement of membership fees (maximum of USD 500) for a maximum of two professional institutions
 

* HIGHER EDUCATION SPONSORSHIP 
  Generally, Oracle India will, reimburse up to 100% of the course fee incurred by the employee during the year (up to maximum of USD 5250 per year)


* Medical Insurance 
  Employee, spouse and two dependent children (up to 25 years of age) together as a group (ESC) are covered for a total sum insured of INR 800,000 (as a floater).
  Employees have the option to include parents under the insurance coverage
  

* RELOCATION
  An employee who is required to relocate from another city at the time of joining or upon Internal Transfer,  may apply for reimbursement of relocation expenses

* Temporary Accommodation
   Temporary accommodation would be provided for the employees, spouse and children for a period not exceeding one month, either at the company guest house or at a hotel identified by the company. Expenses related to members other than the prescribed above would have to be borne by the employee.


* Group Personal Accident Policy
  Sum Assured: Base plan Coverage amount is equivalent to twice the employee’s Annual Gross Pay (AGP) or INR 10,00,000 (10 Lacs), whichever is higher.

* Group Term Life Policy
  In case of death of an employee, their nominee will be eligible for Term Life Insurance benefit. Base plan Coverage amount is equivalent to twice the employee's Annual Guaranteed Pay (AGP) or INR 10,00,000 (10 Lacs), whichever is higher + Accelerated Benefit Option.

* Leaves

  > Adoption Leave : All Full-time Employees adopting children would be eligible for paid adoption leave. The eligibility would be based on the age of the child
 >  Annual Leave/Vacation :  a total of 15 working days per year are available as > > Vacation / Annual leave from work for any reason.
 >  Bereavement Leave :  an employee may take up to 3 working days of bereavement leave with full pay
 >  Casual/Sick Leave : Employees are eligible for 12 days of Sick / Casual Leave per annum. 
  > Examination Leave : An employee who has completed six months of continuous full time regular employment with the Company is eligible to avail paid leave for the days of the examination for a course pursued by the employee under the Higher Education Sponsorship Policy.
  > Maternity Leave : 
 >  Paternity Leave : Male employees are eligible to take up to 5 working days of paid paternity leave within 12 weeks of the child’s birth.
  > Medical Leave : Employee may take up to four calendar weeks of fully paid medical leave in a rolling 12-month period, measured backward from the date employee goes on leave.
  > Sabbatical Leave : Sabbatical Leave is an unpaid leave which may be granted for a specified period of time to employees who wish to pursue personal or educational goals.

* Employee Assistance Program (EAP) - Work and Live Well 

* Ergonomics & RSI Consultation for Employees

* Crèche Benefit Policy :  The program offers a crèche benefit for the children of female employees of Oracle.

* Transportation facility from metro station to office and vice versa

* Work from home depends on team and manager.

* Internet Expense Reimbursement : depending upon project and manager

* Team lunch : bi weekly or monthly or quarterly depending upon project and manager

* Quarterly Kudos Award $100, based on Team and manger

* Quarterly Spot Award $100 based on Team and manger

* Team Outing : Quarterly or yearly based on Team and Manager

* CTC constitutes of fixed pay +  Company's contribution to PF + Company's contribution to Gratuity

* Bonus is outside of CTC

* RSU/Stock Options

* 3 kind of biscuits + cool drinks for refreshment.

* Gym in Campus + indoor (TT, Snooker, carrom), outdoor games (Cricket, Volleyball, basket ball)

* Company provided Sim card for Call/Data, depends on team/Manager
Cons: * General very less or no hikes

* No focus on improving any product, for example Sun was acquired only to sue Google.

* No transparency on focal review, sometimes focal review gets delayed by 6 to 12 months

* Hr Does not play any role in Oracle, you wont even find HR to be useful

* No concept of normalizing salary for those who are getting paid low inspite of being top performer.

* Internal transfer is very difficult 

* It takes tons of time to release an offer because of various unnecessary approvals

* Iteration rate is very high

* Worst Facilities team I have ever experienced in my whole career
      > Toilets not clean
      > You cannot write to white boards
      > No projector in meeting rooms, tons of process to request one.
      > Engineer desks are cleaned very rarely
      > cockroaches/rats in Pantry