Just plan your taxes well! 
 I received 2L in hand at 30LPA. Receiving 2.42L at 34.5LPA. 
  
 Plan your HRA and other deductions properly, explore more tax saving avenues.

Sadly it seems like the old regime is gonna be removed pretty soon

Software Engineer

Project Manager

Multiple your CTC with 0.065 and that will give you approx, how much you’ll get per month.

My in-hand is a very close figure by using this calculation!

Site Reliability

Software Developer

How’s it structured? I’m in new regime, 54K at 7LPA

Product analyst

Basically it is 68 or 69000 only for 10lpa but I removed 10k perfoc3mce bonuses which they give every 3 months

If I remember right 60 is 3,52,000 . 75 is like 4,20,000 and 90 is 5,20,000

Civil Engineer

Engineering Manager

Let see👀 
 cognizant 
 2.5 LPA  
 16k in hand 🥲🥲

I haven't done any special tax planning apart from ensuring all the deductions are maximised. 
  
 And yes, these figures are in the correct ball park 😭

Sales Leader

It's worth it because the amount in your PF is also increasing. With a 10L TC, you're putting 8k in your PF account, whereas with a 50L TC, you're putting 34k in your PF account.

True!! It gives a safety net for future.  
 But have you tried withdrawing PF money. Its nothing less than begging for your own money.

Sales Manager

Almost correct, you can increase the take home by 10-15k if planned the hra, 80e correctly. 
  
 But then 80e will increase the emi. 
  
 Nite this is for the 30-50 ranges.

Highly paid GV folks, is this true? After taxation, is all the hustle worth it? Share your thoughts..

Welcome to Personal Finance's Private Community

Dark side of CTC!!

Dark side of CTC!!- Grapevine

Welcome to Software Engineers's Private Community

Hey,
I am SDE with 2YOE getting 10LPA.
Here I could see many folks posting their CCTC as 30LPA, 35LPA or even beyond for 2-3years exp. 
How is it possible? What you guys work with?
How many of you guys have such high CTCs?
Plz share your journey so i can pick up good stuff from it. Thank you

Getting anxious when I look at CTCs!

> Got hired as an SDE with a good package.
> Came to the company expecting an SDE job
> Forced another role with little to no coding and in a field which I have no experience.
> Feels like college once again, studying something which you don't like
> Thought I would escape it if I join a company.
> These AHoles Fked it up for me.
> HR will reply 'business requirements', probably
> Pay is really good. 
> Dintech UnICron starts with R
> Should I consider quitting? 
> Is there an option to change teams within org?

Need Advice - SDE with No Coding Job

Investor

Welcome to Salary Discussion's Private Community

Good to see salary discussion group back on GV

CTC or GTFO

UX/UI Designer

Welcome to IT Company Discussion's Private Community

How much joining bonus does Accenture provide? What is it based on? Role, location?

Accenture Joining bonus

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 vs Take Home

Program Manager

Welcome to Business Roles's Private Community

Anyone in VC marketing. How is it salary wise and work wise as they pay well. What is the ctc you earn

Growth Manager

Hello guys..I work in a KPO...fixed CTC of 23lpa....my profile is basically a part of investment banking..not end to end though...covers European markets...client is one of the reputed institutional investor...last year I received a client bonus in excess of 30lakhs...so my total take is in excess of 55lakh pre tax.....
So I got an opportunity from one US investor who wants to open a shop in India. 1 year completely wfh and hybrid post they open office in Mumbai. How much CTC should I ask?

CTC expectations

Associate Manager

Welcome to Office Gossip's Private Community

Everyone is jumping for higher salary because they're supposed to - as potentially expenses increases over time over an individual's life cycle. 

I was new to my role , had some experience already, and now 2.5 years later I'm an expert in this role ...and I'm feeling the pressure of "switching" for better pay and learning and growth because otherwise I'm stagnated in this role in this company. 

My CTC right now was once upon a time my aspiration but now it's on the lower average side for my years of experience. 

But wasn't the point of work to find a place where you can work for a long long time and make decent money - I like the role , the bosses , the flexibility etc. But the organization size is small and there genuinely isn't much steep growth path ahead. 

I am ambitious and I would like a bigger role in a different company at some point of time in my life but right now everything is settled here and is fine...except the learning / growth/ salary is now stagnated for the next ~12 months or so. 

I'm confused about staying or switching.

How we work is broken

Human Resources

Welcome to Indian Startups's Private Community

Is IIT IIM tag worth it? I hear it works in the matrimony market if not in the job market

Use this platform to pass inside information, which you think can be helpful had you known when it was your time. 

Revolut ( UK fintec) has three types of ranking in support specialist workflow. Graduate, junior, and mid level. Once you have gone through the test,interview, and all,they will put you in one of these three rankings based on your performance and exp. Generally Grad (0-1yoe), Junior 1-2), Mid(2/3+) .  YOE not sole critera, they can be lenient based on performance 

Grad ( 4- 5 lpa)
Junior (5-7.5)
Mid (7.5-10)

This is true for Fincrime, kyc, kyb , screening, and ongoing monitoring.

FIU and TM crypto pass 1 -2 lac more than the other.

Mid (fiu) can pay 12 lpa even with 2 yoe.

This is for support specialists' production roles.

A 4yoe + 2 yoe in TL can fetch you 15+ lpa as a TL. Again, crypto and FIU can fetch you upto 22 lpa.

Your current ctc doesn't hold you back. Revolut doesn't negotiate hard. 2 negotiations and they offer you or they don't. Its not back and forth with them. 

4.5 ctc has got 11.5 ctc there. 150% hike. 2 rounds of negotiations. Plain simple. 

If you are applying for any role. Don't hesitate to ask more, be your lawyer. These figures already exist. Maybe there are other higher figures too that i am yet to come across.

PS : I dont work there, but 6 ppl whom i supervised do.

Brothers helping brothers

Analyst

I got an offer from Accenture. It says my Annual Fixed Compensation is 6.3 Lakhs.
Variable Bonus isn't mentioned clearly but ranges between 0-21%.

1. Can someone help me understand how much salary I'll get in hand in Accenture? What will be the annual CTC?
2. Also, is it a good time to join Accenture? I heard people talking about random layoffs and all.

My current CTC is 5LPA.
Also, at the end of the year my CTC in my current organization will be 6LPA.

I'm confused

Hi Guys,

I have got an offer from one of WITCH for 31 LPA CTC with 10% variable. I have cleared Deloitte round 2 and waiting for HR round. How much more do you think can i quote to Deloitte ?
NOTE: I have 9 YOE with Accenture in SAP development.

How much CTC i can get from Deloitte

Senior Consultant

I've heard that Cashfree payments is offering Rs. 1 Cr CTC to a group product manager with 8-10 YOE. Is is true? 

If yes, what does the real job scenario look like? Work pressure? Growth? Stability?

GPM getting 1 Cr CTC at Cashfree?

Product Owner

Why are HR professionals paid so low? With around 1.8 years of experience in HR and a current CTC of 4 LPA, I'm surprised that the companies I'm applying to are not offering even a 10% hike. Why are HR salaries so low? The majority of companies I'm applying for are having a budget 25-30K per month. I'm based out of Delhi NCR. What can I do to increase my CTC?

Low CTC for HR Professionals

Introduction: 
Started my professional journey at a friend's startup amidst the pandemic, delving into edutech and grocery MVP consulting when job options were scarce.

Career Progression:
•Began as a manual tester and swiftly climbed the ranks to QA manager, product manager, social media manager, talent acquisition, lead ops, scrum meetings host, business analyst, and reporting manager—all within three years.

Challenges and Contributions:
• Joined a team of 5, facing tight deadlines and escalating challenges.
• Non-tech background but injected administrative skills, streamlining project management and operational processes.
• Conducted 100-200 interviews monthly, meticulously filtering candidates on a tight budget.

Burnout and Promises:
• Burnout from 12-13 hour workdays, skipping holidays.Assurances of growth for everyone as the company expands. 
• Promised on reimbursement , which didn't happen.

Shift in Dynamics:
• After 2 years, team expanded to 30 members.
• Entry of a senior manager triggered organizational changes, leading to politics and misunderstandings.
• Company achieved its goals, securing a pre-seed investment of 3.5 million USD.

Unexpected Turn:
• Migrated everyone to a new company post-OKRs, except for me.
• Left without a role and dismissed due to the absence of a space for non-technical roles.
• Was quiet fired with alot of trauma. But was strong enough to get back on my feet

Upskilling and Unfair Reviews:
• Upskilled as a data analyst but was left out of review sessions, necessitating self-initiation.
• Access to the CEO, once easy, became challenging post the senior manager's arrival.

Current Dilemma:
• Underpaid with a CTC of 3.5 LPA with a failed promise of hike 
• Transitioned to data analysis through sheer hustle and determination.

Seeking Guidance:
• Unsure about the next steps, seeking advice and suggestions from the community.

From Manual Tester to Lead: My Rollercoaster Journey in Tech Startups - Unveiling the Upskilling Hustle, Burnout, and a 3.5 Million USD Pre-Seed Triumph!

Operations Analytics

Welcome to Product Managers's Private Community

Management has tried to underpay us all this time. We deserve to know what is the real salaries for our YOE? 

I am being paid 24.6L CTC / 2 YOE. What about you?

Product Management CTC Thread: How much PMs really make?

You are being paid fairly or above average.

Dark side of CTC!!

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