Search for Facebook groups where people look to flatmates or if possible try slack channels in new job for looking for an apartment.

Software Engineer

Product Manager

Payroll freezes on 20th for most employers. Make sure HR had your bank details by 20th

Ideally, you would be getting the salary by the end of the month. Also, don't wait until you move to the new city, start searching for stays right away

Hi! I'm starting my first job from July 18. They are giving accommodation for 15 days. I've to search for accommodation after that. I wanted to know if I can expect my salary at the end of July mon...

Welcome to Software Engineers's Private Community

Hi! I'm starting my first job from July 18. They are giving accommodation for 15 days. I've to search for accommodation after that. I wanted to know if I can expect my salary at the end of July month/start of August, or if it will start from August only since I will have to arrange for advance money for flats.

Fresher salary confusion

Fresher salary confusion- Grapevine

Welcome to Personal Finance's Private Community

Fresh out of college, with no money experience. How to split the money into investments(safe and risky), utilities and other expenses. What percentage savings is good enough. How much of it can I really spend without feeling guilty and what quality of life can I afford with this salary?

How to manage salary of 1.4lc per month as a fresher.

I’m starting my first job this month, CTC-14L
I’m not sure but assuming I’ll get 80-90K in hand
Considering the job is in mumbai, the rent and other expenses would be high considering it to be 40-50K (pls tell how much it should be at max) 
Also how much taxes will I be paying and how to save it max
I really need your help, how do I start investing? Can I put all in Small cap MF, what would you advice? What should be the split between Stocks and MF, and in MF how much in which categories? 
Also it would be great if you can recommend the best 2-3 MF in your portfolio in each categories, and 5-10 stocks for Stock SIP for long term
Thank you so much 😭

First Salary Investing and Tax Saving| Really need your help

Welcome to Office Gossip's Private Community

Help me figure this out because up till now it seems like all my decisions were wrong.

New job, new city, fresher.
Found a single occupancy in a pre occupied 2BHK in my budget, and as per my preferences. Had to shift in the middle of the month. Since the room I am supposed to get is occupied by someone else(X), the landlord suggested that I adjust in the hall area for the half month and then I would shift to the room from October. 
I was okay with this, and under the impression that X is also okay with this arrangement. Mind that X is not present in the flat, X has been away since a month. The other two flatmates (Y, Z) in the other room are also okay with this. 
I have given deposit of 20k to the landlord. 
Now X comes back today, starts a fight with me straightaway, starts throwing my things. X says that the hall is common space and since X is paying rent I cannot be there, X only wants their friend to take that room, and a million other things. X is the most problematic person I've ever come across. Bhagwaan jane kaun isse shadi karega. Y, Z back me up. We speak to the landlord and he scolds X. 
Now although X has verbally agreed to moving out at the end of the month, what if X refuses to move out? Mera toh agreement bhi nahi bana hai.. 
I should prolly start looking for flats 😵

Flatmate Drama

Update : X has just returned from having a fantastic weekend, while I'm resting in the hall with a badly twisted foot (fml). X is talking to their partner loudly, desperately clearly trying to irritate me 🤡🤬 Abse is ghar ka naam bigg boss hai aur I will give updates regularly. bc ab toh single bhi feel ho raha hai aur gussa bhi aa rha hai

Decision Analyst

I'm a fresher and I don't really understand how companies structure CTC components. 
What is Base Pay, Special Allowance, etc. ? 
What all components are actually credited in our accounts?

Salary Structure

Is ₹25k p/m salary is ok for a fresher? It is WFH so basically all my money goes to savings.

I am moving in banglore and will be earning plenty, around 1.6 lakhs per month. But some friends are suggesting me to book a pg for some days until you find the perfect apartment with good flatmates. I don't want to live alone in 1bhk flat. It will be my first time on a onsite job. Please guide me how can I mange this. Company is giving me first 2 weeks of hotel stay

Moving in banglore

Welcome to Data Scientists's Private Community

I'm a fresher, Data analyst job ke liye kitne salary ka demand rakh skta hu ??
Naukari par 4-5 hi likhte hai job description me ... Ye thoda Kam lag rha hai..

Aap log batao kuch.

Salary expectation for freshers

What is the average starting salary for a fresher a Software Developer???
What is the average living cost in Whitefield area of Bangalore ??

Salary Comp

Welcome to Business Roles's Private Community

Hey guys! I'm in my B.Tech final year from Tier-2 college. Recently I got placed in Deloitte as a Consultant Analyst with 7.6 lpa. Considering the current market scenario and average salaries just wanna know whether 7.6 lpa is decent or less for a fresher.

Avg Salary for a fresher?

Welcome to IT Company Discussion's Private Community

Hey folks, kindly let me know if any one knows about the fresher package in Amazon mapping role for B.Sc graduate and engineering, how about the hikes and promotion after an year

Amazon fresher's salary

Analyst 

I joined my company couple of months back. I’m 2023 passout and previously i had an intern experience at a startup, i gave interview of SAP Labs because i was not sure of my PPO. In the HR round of SAP Labs HR asked me about the salary I’m expecting at SAP, i told her “X” and after getting that number she told me she would get back to me after discussing it with manager, but after couple of days she offered me “T” which was way less than “X” . I knew she was tryna low ball me but as i did not had any other offer in my hand, I had to accept it. But with the salary that I’m getting (ik it is less than my peers) i just don’t feel like giving my full at my work it just demotivates me, should i talk to my manager about this? because while joining my manager thought i joined at “X” ctc but I never revealed this, also i do not have an idea what exactly should i convey to my manager. Please help me out

Annual CTC

Software Developer

Hi everyone, I recently got a job at Accolite as a Software Engineer fresher. My salary details are below with my per month expenses. I would like to know how I can save most of it?  I would also like to know about your personal investment strategy.

CTC - 8 LPA

Retention bonus - 2 lakhs (Will be given over a period of 2 years, 50k on March 24, 50k on September 24 similarly for year 25.)

Per month salary ~ 55k.
Per month expenses ~ 25k

Fresher in tech, Need guidance on saving money.

Welcome to Indian Startups's Private Community

Vatsal Sanghvi is not alone to think that Cognizant isn't in the wrong. San Francisco-based venture capitalist and influencer Debarghya Das said that if job seekers were unhappy with the salary the company is offering, they can simply move on.

Bengaluru founder defends Cognizant's Rs 2.5 LPA job offer: 'Quality of freshers is often so bad...'

Cognizant ₹ 2.5 LPA offer

Actuarial Associate

If I join TCS in Oct 2024, do I will be eligible for anniversary hike in Oct 2025?

What according to you is the right CTC to sustain life in Bengaluru or Hyderabad??

Fresher CTC

Company calls it 21L packages, but it’s not per annum rather a cumulative of 3 years.

So the data is old but from what i read,

you get 3.3lpa for the first 15-18 months, post that you receive a one time 5L bonus. 

then you work for 5.5lpa for a year,

and finally 7.25 lpa for the third year


And if you leave between the 3Y, you have to return the 5L bonus with 6 month notice period.

if you don’t want notice period, pay up 10L


Anyone from MuSigma who can throw light on this?

[exploitation?] just read about the 3Y bond in Mu Sigma and wtf

Business Analyst

Hi, I have recently graduated and now I'm going to start my career as a software developer. Can you suggest me with resources  for managing finances along with taxes and how to do investments or guide me how I can manage my expenses by giving some tips?
 
My base is around 14Lpa. 
My rent is around 25kpm. And monthly necessary expenditure of around 15kpm.
I am not that well-versed with taxes also. I'm learning about them. Currently I invest 3k in MF every month.
I would like to your suggestions and advises for the same.

Personal Finance Tips for fresher

Congratulations - you're off to a great start! Thats a tidy income to start off with. 
  
 My advise, cut out all the noise and random friendly advise from all and sundry and keep it really really simple till you hit a 50L investment corpus. 
  
 0. Buy a Term Insurance (vanilla, no riders) for 2 Cr. Annual Premium. Till 65 years of age.  
 0. Buy a Health Insurance cover for 10L.  Annual Premium. 
 0. If your parents aren't insured, buy a family floater cover for them now.  15L. Annual Premium.  This may become impossible as they age. 
 1. Start a monthly SIP in a single Nifty50 Index Fund (UTI : HDFC / ICICI / Nippon / doesn't matter).  From your data I'd say put in ~40K per month. 
 2. Start a PPF account and maximise annual investment - 1.5L pa.  
 3.  Invest all bonuses / increase in salary in the same Index Fund.   
  
 Watch the magic of compounding begin.  You'll see the impact of laying this foundation only post 20 yrs.  
  
 If your salary (and as a result your SIP) doesn't change, you should hit 50L in ~7 years.  Faster if you get good salary hikes and appraisals. 
  
 When you hit 50L, diversify into other asset classes (SGB + Flexicap MF + Real Estate for own use).  Do not create clutter by adding MFs and complicate life.  Keep investments simple as you scale: 
  
 30% - Index Fund 
 30% - Flexicap 
 20% - Gold (demat) 
 20% - Debt (EPF/PPF) 
  
 Rebalance asset allocation annually. 
  
 Never invest or choose instruments for tax planning. Tax optimisation leads to suboptimal instrument choices with your money (Insurance / Debt / etc). 
  
 Suggested Reading: Let's Talk Money, Monika Halan.  Easiest book to understand and follow.  
  
 Good luck!

Fresher salary confusion

Discover More

Personal Finance on

by Kalan Everett

Stealth

How to manage salary of 1.4lc per month as a fresher.

Personal Finance on

by Blair Everett

Student

First Salary Investing and Tax Saving| Really need your help

Office Gossip on

by Kendall Dean

ZS Associates

Flatmate Drama

Personal Finance on

by Kalan Lee

Student

Salary Structure

Software Engineers on

by Anise Dean

Student

Is ₹25k p/m salary is ok for a fresher? It is WFH so basically all my money goes to savings.

Software Engineers on

by Kendall Lee

Quizizz

Moving in banglore

Data Scientists on

by Kendall Lee

Student

Salary expectation for freshers

Personal Finance on

by Aaron Lee

Samsung

Salary Comp

Business Roles on

by Karilyn Everett

Student

Avg Salary for a fresher?

IT Company Discussion on

by Karilyn Everett

Accenture

Amazon fresher's salary

Software Engineers on

by Karilyn Lee

SAP

Annual CTC

Software Engineers on

by Jordon Lee

Accolite

Fresher in tech, Need guidance on saving money.

Indian Startups on

by Kendall Taye

Student

Is ₹25k p/m salary is ok for a fresher? It is WFH so basically all my money goes to savings.

IT Company Discussion on

by Kalan Carmden

Accenture

Cognizant ₹ 2.5 LPA offer

Software Engineers on

by Karilyn Lee

TCS

If I join TCS in Oct 2024, do I will be eligible for anniversary hike in Oct 2025?

Software Engineers on

by Blair Dean

Student

Fresher CTC

Indian Startups on

by Aaron Vernon

Scaler

[exploitation?] just read about the 3Y bond in Mu Sigma and wtf

Personal Finance on

by Karilyn Carmden

Unnamed

Personal Finance Tips for fresher