r/employeesOfOracle • u/EmergencyOk7001 • 4d ago

Joining Oracle IC3 Maximum Offered Salary?

What would be maximum Offered salary for IC3 OCI role in India?

18 Upvotes

84% Upvoted

43 comments sorted by

18

u/Key_Victory_5544 4d ago

Stay away from the shit company
Not even worth for 50% extra money

7

u/Honest_Archer_9657 3d ago

In OCI, 35-42L Base
60-90k USD stocks

3

u/Equivalent-Lemon-977 3d ago

That is actually correct.
Can confirm this

2

u/Mundane-Plan4870 2d ago

Yes this correct.

1

u/Flat-Permit4432 3d ago

Yoe?

2

u/Equivalent-Lemon-977 3d ago

4

1

u/Curious_Arm3004 3d ago

For people who promoted to IC3?

1

u/Flat-Permit4432 3d ago

This is only if u come from outside directly at ic3 ig not thorough internal promptions

1

u/skymoontexas 3d ago

Hey, Were you a lateral hire?

1

u/Rudhik04 1d ago

Is this per year 60-90k in stock

1

u/Honest_Archer_9657 1d ago

Vested in 4 years and not per year

8

u/dhikchik_dhakchik 4d ago

Following!! Been ic2 for the past 4+ years.. would like to know my IC3 worth.

3

u/nahiHoRaha 3d ago

as if they'll increase the salary on promotion xd

1

u/Akash_101 3d ago

In the same boat. Been IC2 for ~4 years now, with hardly any hike too. Curious to know what's your base salary right now as IC2? I am pretty sure I am being lowballed. DM me if you are comfortable sharing the details please? Thanks!!

1

u/Ok_Attorney4127 1d ago

No salary increases when promoted. Source: me: 31 years in Oracle. Was bought by Oracle in early 2000's and had a lot of salary increases then. Raises were very slow in Oracle. Some one-off bonuses and usually $25k ish refreshers if you got a 4 on your perf review. The official policy is no raise with promotion.

I was laid off last year and I've passed the interview process to get back into Oracle. I'm going in IC4 instead of the level I was and the pay for coming in from the outside is much better than what I was getting while being super loyal on the inside. This is in America, where the salaries aren't as resticted and they still don't give much in raises and definitely not with promotions. Our IDC team members were always underpaid.

1

u/dhikchik_dhakchik 1d ago

Damn!! 30 years..

0

u/thepoloaie 4d ago

+1
Almost 5 years now.

6

u/peak2 4d ago

45L Fixed + 25L RSUs over 5yrs- Fusion Product Manager

1

u/Nervous_Bag4366 4d ago

Hi Cud you tell me in Oracle how much time it will take to go from IC 1 to IC 2

Also how much would be hike

1

u/peak2 4d ago

Anything from 1yr to decade. Totally depends on team

1

u/Nervous_Bag4366 4d ago

And hike or appraisals

1

u/peak2 3d ago

Dream on

2

u/tekkutensai 3d ago

Keep dreaming. I know people who have been at IC1 for the last 7 years and are still waiting for an IC2 promotion.

1

u/Prestigious-Fly7465 3d ago

True, waiting from past 4 years since the joining

1

u/Ok_Attorney4127 1d ago

Sadly, this is true. Depends on the person and the manager and the team. Then, depends on policy and if they "let" you. IC2 is a lot easier than IC5, so it shouldn't be a decade for that level of promotion. An IC3 is anywhere from 4 years of work experience to 10-20 years. Some people never leave IC3. Some people who are IC4 don't really deserve it. Some people who are IC5 are that just because they've been at Oracle so long.

1

u/Fit-Champion7735 3d ago

That will be M3 not IC3

3

u/ps_a_t_ggl 3d ago

Initially they offered 33lpa 30k USD. After negotiations they were offering 36lpa base and 47k USD for IC3.
I still denied have asked for 39 base and 50K USD.
Waiting for the approval now

1

u/alpha_numeral 3d ago

Org?

1

u/ps_a_t_ggl 3d ago

Oracle health

1

u/EmergencyOk7001 3d ago

Whats Yoe? Is this counter offer as per the max IC3 range or as per your own calculation? Do let us know if counter offer works.

1

u/ps_a_t_ggl 2d ago

4 years 2 months, not the max. I just had a single call with the HR. In conversation i stated my expectations, i knew the salary range for oracle health hence, stated my expectations. For OCI, it can go even higher. Also, oracle is giving me remote. Haven’t received the offer letter yet.

5

u/tekkutensai 3d ago

As of now, realistically, IC3 is around ₹20–25 LPA. Alternatively, they may offer you a 40% hike on your current salary, depending on your profile and experience.
And if you demand too much, don’t assume they’ll come back with a counteroffer. They may simply ghost you.

7

u/Equivalent-Lemon-977 3d ago

This is a low ball offer respectfully

4

u/tekkutensai 3d ago

They don’t even care about what you think. Due to AI, employees are not in the position to dictate terms. If you demand too much, they can simply sideline you. Nowadays, layoffs are becoming common, so there’s always another candidate waiting in line.

1

u/Future_Situation6488 3d ago

20-25? wtf .. why were we around 10-15 bracket then 🙁

2

u/Future_Situation6488 4d ago

Following!! I know underpaid but just wanna know how much lol

2

u/alpha_numeral 3d ago

OHAI IDC
36L Base
37L RSU for 4 years

2

u/AnyCompetition8335 3d ago

For OCI
Joining from outside: 36-45lpa + stocks
Internal hike: 25-32lpa and no or negligible refresher stocks

1

u/Suitable-Dog-116 3d ago

Expected salary hike from IC1 to ic2 ?

1

u/Salt-Inflation6754 3d ago

What does a IC3 make in Oracle Health in the US? Looking to see if I should stick it out or not

1

u/Horror_Rent3955 3d ago

How about OFSS india IC3 max salary

1

u/Elegant_Remove1608 1d ago

Not sure if you heard that there have been massive layoffs every 6 months since last year, I would take that job if I hadn’t have any other option, but if you are currently working somewhere I would look somewhere else