The amount that is left with you after your base pay and DA is residual choice pay. With this pay, you can choose your allowance that would suit your requirements. Rs.90k per month is quite a generous sum that Reliance Ltd. is offering. If you want to utilise this money in the best possible way, here are some things you can consider: 
You can cash out the entire money and add this to your take-home salary. 
Use this money to buy insurance plans like life insurance, retirement savings, etc. 
You can reimburse this sum for paying home loan interest, medical bills, meeting education expenses for your children, etc.

Software Engineer

Business Development Manager

I received an offer from reliance limited. In CTC there is one component residual choice pay value of Rs 90k per month. How can I use it in the best way.

Reliance Ltd - Residual choice Pay

Finance Operations

Reliance Ltd - Residual choice Pay- Grapevine

Welcome to Office Gossip's Private Community

I received an offer from the reliance retail limited for the consolidation team. Location Navi mumbai
How's the team environment or work life balance prospective.

@reliance retail

Welcome to IT Company Discussion's Private Community

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

Quality Assurance

Hi folks, does anyone know the SDE salary range with 6 years of experience in software engineering? I am applying for jobs and need to put the expected salary.

Current CTC: 44 LPA. All fixed.
Esops: 20 LPA.
YOE: 6
Current designation: SDE 3.

SDE Salary with 6 yoe?

Welcome to Business Roles's Private Community

I have total of 3.6 years of experience all as Data Engineer. 2.3 working at Sigmoid and 1.3 with Flipkart. I got promoted at both the organisation, means I am a high performing talent. I am getting 50L as a CTC from Flipkart, 21.5 is fixed, 2.15 is annual bonus and rest other are ESOP spreaded over 4 years. Flipkart is currently operating in hybrid model which means I had to shift to Bangalore this December.

In my new role at a startup which is acquired by Course Hero is offering 70l;
32l as fixed, 3.2l as annual bonus and rest other as RSUs spreaded over 4 years. It is work from anywhere.

Looking at the current market trend and my previous history, should I be little more greedy.

I am getting 70lac as CTC in my new role

Data engineer

Welcome to Software Engineers's Private Community

I got an offer from Infosys for the position of lead consultant. And they fixed a salary of 29 LPA with 80% take-home pay and 20% variable pay. My total experience is 13 years. So could you please tell me if 29 LPA is the correct value for the lead consultant, or should I go for further negotiation? Also, can you please help me before accepting the offer letter? What are the things I should ask Infosys HR? Should I ask for a for a joining bonus as well? Please guide me if you have experience with negotiation.

Salary negotiation and package

Senior Consultant

I finally got a job offer after being jobless for around 7-8 months now. But the company is offering me the same CTC I was previously drawing. Reasons they sighted were that I've been jobless for a long period now. Is this normal?
The company is good. Has a good set of customers. Has raised good funding recently. Team seems to be good as well. But its the CTC that I'm unsure about.

What to do ?! 

P.S. my prev CTC was also entry level pay, say 40k in hand on avg after all deductions.

Jobless: Now getting same CTC as 8 months ago.

I currently resigned from TCS. I wanted to know how much package Accenture can offer me as a Java Developer with 3 years of experience?
I already have an offer with 15LPA. Can I ask 16 LPA+ 2 LPA variable??? Should role be on C11 level?? 
Any suggestions are welcomed

Resigned but, in Dilemma

Software Developer

Welcome to Personal Finance's Private Community

Hello all, I have got a SDE-1 offer from one of the biggest fintech companies in India. What in-hand salary should I expect monthly?

The CTC breakup:-
1. Fixed - 14,40,000
2. Variable- 3,00,000
3. Retention- 60,000

How much in-hand salary should I expect?

There is big layoff 50% in reliance retail - jiomart B2B business.

Reasons
Very poor management, aggressive hiring, creating business that does not exist,  downfall of business.

Compensation -

Asked people to resign & said to serve notice 90 days.
No additional support or benefit.

Layoff in Reliance Retail

Analyst

Hi GV'ers, I wanted some help with understanding how RSUs should be calculated in the CTC, especially when looking to switch to another company. Here's my thing:

On joining, I was allotted ~30k USD worth of RSUs to be vested over 4 years. ¼ after completing 1 year, then equally distributed over every quarter. Now, the 30k USD was converted to units immediately, and now the units have tripled in price.

Now, does that mean my effective CTC is the base + original price of RSUs for 1 year, or should I consider the updated price? Should I only consider what has been vested so far only, then divide by YoE? What about other RSU grants for later years? I have received an additional 10k, over 4 years, again in my second year, and again in my 3rd year. I'm planning to stay for 4 years for the original vesting schedule to complete, as the other RSU grants didn't give high enough units to make me stay.

There's also 7(+5)L health insurance that's tied here as part of other benefits, but nothing else is monetary, if that helps.

CTC calculation for RSUs

Welcome to Product Managers's Private Community

I’m a PM with 2yoe
Current CTC:  21LPA (plus 10 stocks, vesting schedule 4y)

InMobi: 28LPA (26.5 base + 1.5 in other compensations, stock match with similar vesting)
Razorpay: 30 LPA (2l perf bonus and stock match)

I’ve heard InMobi has a better culture over Razorpay. 
Any thoughts?

Evaluate offers from InMobi and Razorpay

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

2 opportunities in hand, please let me know which one i can choose and why?

UI UX Design role.

Reliance Jio or Tata

UX/UI Designer

Welcome to News Discussion's Private Community

Any news on who is getting it, what's like an average payout for eligible employees? As per the news article, approx 19000 employees are getting it. Anyone has insider info?

Flipkart ESOP payout worth $700M

Founder

Product Manager

I find myself in a rather perplexing situation at work and could use some impartial advice. Currently, I am employed at an Indian e-commerce firm where I have put in a lot of hard work. However, during the recent annual cycle, I was not promoted, and my salary hike was disappointingly meager (CCTC 14.5LPA). Naturally, I expressed my concerns to my manager, who advised me to wait until the mid-cycle as my promotion case would be reconsidered then.

In the meantime, I actively sought out new opportunities, and I have received an enticing offer from a Consumer Packaged Goods (CPG) firm with a significantly higher compensation of 24LPA. This is substantially more than what I'm currently earning, but less than my expected CTC that is around 28-30LPA.

The confusion lies in the fact that my current firm has now initiated the promotion feedback process, and it's possible that I may get the promotion soon. I'm now torn between two choices: do I stay at my current job, potentially get the promotion, and then reconsider switching, or do I seize the opportunity at the CPG firm with the better financial package?

I understand that both options have their pros and cons, but I'm finding it challenging to make a decision on my own. Any advice or insights you could provide would be immensely helpful in guiding me through this tough decision-making process.


YoE: 4.1 Years
Domain: Analytics 

Thank you in advance for your understanding and support.

NEED ADVICE ON JOB OFFER DILEMMA!!

Assistant Manager

Hi All,
I got an offer letter from Accenture with 14Lpa as fixed and 3L variable pay, so finally how much in hand I will get every month??

Also variable pay how much I will get per year?

How much in hand I will get

Senior Associate

I am a fresher software engineer. I was an intern at a series A startup and they have offered me a pre-placement offer.

This is the breakup(Yearly):

Basic - 6L
HRA - 2.4L
Special allowance - 1.9L
Food allowance - 26.4K
Professional pursuit - 60K
Internet - 12K
Half yearly bonus - 50K

PF contribution - 2K

Total CTC - 12.5L

Apart from this, I've also been allocated 1000 ESOPs

Is there any scope of negotiation here? If yes, how do I go about it? 

Any advice/guidance would be very helpful!

Shall I negotiate in this offer?

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

Reliance Ltd - Residual choice Pay

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