Shashank Rustagi, a former TCS employee, took to X to reveal that in 2019, his monthly salary was ₹21,000 while his expenses were ₹30,000. He expressed dismay that TCS continues to offer the same low salary to new hires in 2024.
Rustagi posted, “In 2019, my salary was 21K while my expenses were 30K. The worst part? They still offer the same package today.”
With rising costs for rent, food, and transportation, many employees in metro cities find it increasingly difficult to manage on such salaries.
Social Media Reaction:
Rustagi’s post has gone viral, amassing over 1.1 million views and sparking a broader conversation about stagnant wages. Many users noted that this issue is not unique to TCS but affects other companies as well.
One user commented, “In Bangalore, a 1 BHK apartment costs 21K now. With added expenses for food, transport, and emergencies, it’s impossible to manage.”
Another user shared, “I was shocked to find out that a friend from my college, now with a child, is earning the same package as new graduates.”
A third user noted, “Despite gaining experience, salaries haven’t changed much. The 90-day notice period and the shift to full-time office work make job transitions even harder.”
A fourth user asked, “What options are available for TCS employees with data science degrees? Which companies offer better opportunities?”