Software Engineer

I work for a consulting firm that pays me the entire CTC amount. I understand this is very different from nearly all corporates, where the amount received finally

I work for a consulting firm that pays me the entire CTC amount. I understand this is very different from nearly all corporates, where the amount received finally is very different from the CTC stated.

What is on average, the ratio of the salary in-hand to the CTC?

CTC to in-hand

CTC to in-hand- Grapevine

Welcome to Software Engineers's Private Community

My CTC is 25lakhs but in-hand is 97k . I am curious to know about what others are having.please share yours

What is your in-hand salary and what's your CTC??

Software Developer

Welcome to Personal Finance's Private Community

I have got a new offer from a new company.
can any HR here help me with my CTC breakup understanding?

need to understand CTC

What will be my in hand pay if my CTC is 14lpa in tcs

Can anyone tell me about my in hand salary for every months

Quality Assurance

I got CTC 12.5 lpa.90% is fixed and 10% variable.What is the in-hand salary

In hand salary in IBM with a CTC 17.14 LPA ( includes 1.4 Lakh as employer provident contribution and gratuity) ?

SAP Consultant

I want to know in-hand salary for 13.4 lpa which is fixed CTC I got and variable pay will be upto 10% depending on performance.

What will be in-hand salary for 13.4 LPA fixed

Data engineer

Welcome to Indian Startups's Private Community

Just wanted to understand from a 2 yoe perspective- how much do you get at a startup post consulting (mbb background) Series A-C scale. Would really help me benchmark. TIA :)

How much does your startup pay (In-hand CTC)?

Growth Manager

Current CTC - 10 Lakhs
New CTC - 20 Lakhs

Is this 100% hike?

May NOT be.

What if 20 Lakhs includes a 20% bonus (not in the previous CTC)?
What if 20 Lakhs includes 2 Lakhs of ESOPs (not in the previous CTC)?
What if 20 Lakhs includes allowances that are useless (not in the previous CTC)?

******

The term “CTC” is NO less than a SCAM in India.

I don’t know any other countries that use the term “CTC”, do you?

And that’s why in India, 
Your in-hand salary will always be MUCH lower than CTC, 100% always.

Let me repeat:
“Cost to company” is NOT equal to “Your Income”.

There is always a leakage. 

********

Companies will NOT change this practice in India.

But YOU can, so:

-STOP asking what my CTC is going to be?
-START asking what my “TAKE HOME” is going to be?

TAKE HOME matters the MOST!!

#copied

CTC to in-hand

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