Delhi Techie’s resignation: A resignation email from an HR employee at EngineerHub, shared by co-founder Rishabh Singh, went viral. The email, titled “Resignation Letter,” humorously and clearly explains the employee’s frustrations. Rishabh posted a screenshot of it on X.
Here’s what the email reads
“Dear HR, After two wonderful years of dedication and hard work, it seems my salary has remained as frozen as my hopes for an increment. I really wanted to Pre-book iQ00 13 at just 51,999 on 5th December but with this salary it’s not possible. I’m worried how will my career move fast, if I don’t have enough salary to buy fastest phone in India? Therefore, I’ve decided it’s time to seek opportunities where growth isn’t just a buzzword. My last working day will be 04 December 2024, and I’ll ensure a smooth handover. Thank you for the experience and all the memories. Sincerely, XXX.”
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What is iQ00 13?
The iQOO 13 is gaining the attention of masses as “the best flagship phone available” and for its price-to-performance ratio. In India, it is priced below Rs 60,000, with the base model offering 12GB of RAM and 256GB of storage for Rs 54,999. It runs on the Snapdragon 8 Elite chipset, the same processor that will be feature in the Samsung galaxy S25 series in the future.
India’s IT Companies Delaying Salaries for FY25
India’s biggest IT companies are delaying their annual salary hikes for the current financial year (FY25) because of ongoing global economic uncertainty. Factors like weak spending, delayed client budgets, and other challenges in the economy are affecting the industry.
As reported by Moneycontrole, Infosys, for example, has postponed its salary hikes until the fourth quarter of FY25. The company last gave pay raises in November 2023. This delay shows the tough conditions in the IT services industry, especially with global demand being weaker than expected.
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As per Business today, Other big companies like HCLTech and LTIMindtree are also delaying salary increases to save costs and keep profits steady. LTIMindtree plans to give pay hikes in the October-December quarter (Q3) of FY25. Last year, LTIMindtree had already pushed back pay raises from April to August, and some employees received small raises or none at all, which led to complaints online.
