CTC - In hand Salary
I got an offer from TCS with 15 lpa CTC. Can anyone please tell me what would be the in hand salary? Also i see a component 'Monthly performance pay', will it be rolled out along with the monthly pay/quarterly basis?
Got an offer for C3A role (total yoe - 9.8yrs) for 26lpa.
I feel 17% VP (4.5L) in total CTC (26L) is too high. The HR said, this 15k monthly will be paid in full. And quarterly pay of 66k (22k x 3) will also be paid. Is this true or some deduction will be there?
Please let me know if this is the norm VP in TCS and share some tips to negotiate for more fixed pay..
TIA
Don't get into C3B as C3B and above gets highest variable pay reduction..Till C3A it's okay. even C3A also sometime gets less variable the C2 and below. Also though it's hard now to get promoted in TCS but you will have 1 room for promotion for C3B. Promotion difficulties is too much to go above C3B
Thanks, @I_dont_know_how_to_ How much VP payout % can I expect out of the 4.5L ..?
Mostly 100 percent but still depend on which project you land.. I am in Good IOU and I didn't seen variable cut since I have been C3A. but some of my colleague in other IOU have got 75 percent sometime..But yes it's mostly depends on the project you land.
Quarterly variable pay 22k is good enough as it amounts to 88k per year but there would be deductions. Monthly performance pay there will be no deductions if you are in billable. promotion from C3A to C3B is comparatively easy than C3B to C4.
For C3A you got high package similar to C3B. Variable will be reduced for quarterly for c3A and above. From last 1 year every quter C3A getting 60-70% and C3B getting 35-60% variable pay quarterly. Decision is yours. Also now they linked variable to WFO number of days. So it's different to get 100% anytime now, it will be in dream.
Variable pay is too high. Fixed 25-30lpa is okay
I got an offer from TCS with 15 lpa CTC. Can anyone please tell me what would be the in hand salary? Also i see a component 'Monthly performance pay', will it be rolled out along with the monthly pay/quarterly basis?
So after 2-4 rounds of interview rounds, I got LOI from Deloitte USI. They are giving 14 fixed + Variables.(0-10%) Is this good or got low balled. Offered role: Java Microservice Consultant. Exp: Almost 4yrs
Current CTC: 9.2 LPA.
Hi folks,
My current CTC is 16.26LPA now, is this ok to join 21.5LPA from TCS…?
I got an offer from TCS, Can anyone clarify what is the expected in hand salary..?