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Apparently 2022 law degree and zero work experience is more valuable to the firm. In fact to this day there's no talk of either increment or appraisal. Misplaced priorities. No wonder the attrition has skyrocketed at the firm.
A0s are getting a reasonable 16 LPA. Are you suggesting that A1-A3s at Saraf are getting equal or less than that? That is downright improbable, if not impossible.
Please tell me the figures at each level.
One of my colleagues (A3) has been offered SA1 by Saraf, offering a 25% increment over his present salary (T1).
More negotiation yields 80k and 2x bonus and highest they settle at is 1 lakh and 3x bonus.
Even people moving from Big-6 have seen dip in their pay. (the last sentence is a hearsay, I can't personally confirm this, but everything else I confirm)
Tumhare billable hours ki value hi nahi hain to pay kaahe karenge woh tumhe?
Heavy workload is given to associates without giving them increment. random work is allotted to associates. I wonder one day they will ask associates to do low grade work. If saraf and partners fail to pay increments to its associates and partners. They will leave the firm. Mohit saraf please do needful for your own firm.
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The entire firm is running on policies that our master Mr. Saraf dictates.
One day he chooses to make a policy that WFHs are only allowed on Wednesdays, he puts it in the WhatsApp group, and it becomes a policy.
You just make policies as per your whims and fancies. It's the opposite of a professional firm. Looks more like a Bollywood family business where Mr. Saraf is the iconic 'Babu ji'. He will give increments only when he wants to. He will give you your bonus 6-7 months late. But he will want you to always be on your toes and forget work life balance.
Increments are delayed this year too. A word of caution to juniors, join this firm only if you've no way better to go. There's no growth here. The mentality is to make profits on juniors' labor.
Purpose of delay is to make interest on the buy from Luthra's family and exploit the juniors. Not a fair management / leadership style.
For all others, we are still left with the same old Salaries. Especially A1s and many A2s whose Salaries are still lesser than A0s.
They try to justify all of this by saying, you'll be paid in arrears. But what about the earnings lost on that income had I invested it back then.