You will get a better idea once you get first month's payalip. 
  
 Everything is credited except Gratuity and ESOPs/RSUs. 
  
 Gratuity can be availed only after 5yrs of service in the same company. So can ignore it. 
  
 Employer PF contribution will not show up in payslips but will be credited to your EPFO account.  
  
 Everything else should hit your bank account after taxes and other mandatory contributions. First deduction would be (employee) PF contribution to EPFO. Then income tax TDS. And finally profession tax. 
  
 Variable/Performance pay if any will be credited quarterly/annualy based on company policy.

do we receive the entire HRA as specified in the offer or is it based on the amount as per rent agreement?

You will receive the entire HRA.  
 If you opt for the old tax regime, then the HRA exempt from income tax is calculated based on a formula which has rent as a component.

Product Manager

Customer Success

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?

Welcome to Personal Finance's Private Community

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

Salary Structure- Grapevine

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

Software Developer

Welcome to Software Engineers's Private Community

Can anyone give any idea what is the CTC and the base salary(also the CTC breakdown) is for Workday Pune, for fresher or SDE-1 role

CTC - 5 LPA (fixed) was written in JD
Basic pay - 20k/month

Flexible pay* - 18k/month 
10% of Flexible pay is HRA

PF - 2.5k/month

I am not able to understand my take home or in-hand salary. Will i get 38k or 20k? would be great if you can give more info

Help me understand Salary Structure

Web Developer

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?

Software Engineer

What is the CTC and breakup for Senior Software in Myntra?

Myntra Salary Structure

My CTC break up is as follows:

Base: 19.17 L
Sign on bonus (1st year): 6.47 L
Sign on bonus (2nd year): 5.16 L
RSUs: 15.56 L

What is gonna be my in hand salary for the first year? Second year? And then on?

SDE 1 fresher comp at Amazon

Hi,

I have been working in the Software Industry for the past 9 years. I feel like I have made a good use of my time and money and maybe some of my lessons can help you folks as well. Recently did a calculation for my NW and I am happy and proud to see my NW crossing 2CR+. I have 0 debt and do not own a house. Here is how my portfolio look like

TC: 1.3 Cr
YOE: 9

I am happy to do an AMA. Ask me anything about tech, career, love, marriage, money management, therapy, songs and movies.
#Ask Me Anything #ama #amazon #atlassian #google #startups #bengaluru #networth #money management #finance #india

Sorry if delay in responses, I'll answer all your questions eventually.

[AMA] 9 years in Software Engineering in India. NW 2.5Cr

I see a lot of similar questions and I'll try to answer them here.

>>>>>>CTC Progression<<<<

My current CTC is 1.3CR . 50% is cash, 50% is stocks.

Here is my CTC progression over the years

1st - 12L
2nd - 12L (Switched Companies)
3rd - 15L 
4th - 24L (Switched companies)
5th - 42L (Switched Companies)
6th - 48L
7th - 66L
8th - 72L
9th - 1.3Cr (Switched Companies)

As you can see I almost everytimg doubled my compensation when I switched my companies. But there are reasons to stay at a company as well. If you are learning and are able to handle different problems at scale, stay. When you feel stuck, leave and look for better opportunities. I have never switched job to get more money. I love CS. I have been coding since 15 years. What made me switch was either bad managers, uninteresting problems not visibility of learning and growth.

How to look know how much CTC I deserve (I am A fresher)

Welcome to Product Managers's Private Community

What's the exact CTC structure of a fresher product engineer at Sprinklr?

What's the CTC structure of a product engineer at Sprinklr?

Welcome to Office Gossip's Private Community

What is your Salary and YOE ? Are you satisfied with the progress you have achieved so far ?

Satisfied with TC ?

Welcome to Data Scientists's Private Community

Hello All, 

I'm working as a Data Scientist in capgemini and had an experience of 2.5yrs. Now i want to shift to any other company, To do that i need to make myself strong for interviews i need to face in the coming days. So, Please  give some good suggestions for 

1. What are the topics i need to focus more on ?
2. Which sector companies do I need to apply for?
3. My current CTC is 8.5LPA, What range of salary should I go for?
4. Pls give me your valuable suggestions, tips...etc..,that will be helpful to the people like me!

Thanks in advance....

Help me out!!!

Data Scientist

Welcome to Business Roles's Private Community

I have a general question around MBA salaries. I see many colleges boasting about their placements and salaries. The salaries are >30LPA for most tier1 colleges.

Are the figures quoted by B-Schools base salary or Total Compensation inclusive of base, stock and other variable pay?

MBA Salary Components

Data Analyst

I recently interviewed at a large company. I applied by sending my resume to someone in my network who works there and they forwarded the resume to HR. After that I got a call from HR and they asked for my expected salary among other things to which I answered that I want a 40% hike. I cleared all technical interviews and after that I got a mail saying that they would like to offer me a full time role and asked some of my documents to prepare an offer. I was curious about them asking for documents without having an HR round first so I called the HR and asked some details about the job and she ensured that they can give me a 40% hike on base but not on TC so I assumed they will hike my base and keep the other components in a similar range to what I currently have. I send the documents and on the next day I get a call from HR asking about my expected compensation again, I then ask about their salary structure and they explain that it's all fixed. I was confused on what number to give them so I said that I wanted a 40% hike but since my TC consists of variable components and theirs don't, I would like to know what is the maximum salary they could give me to which the HR replied that they will let me know in a while. It's been more than 24 hours and I haven't heard back. I don't want to call the HR because that might make me look desperate and give them a reason to lowball me but I'm not sure what to do and am even more confused about what kind of process is being followed at this company.

What kind of a hiring process is this? Need advice

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.

How and y does Atlassian pay 80lpq to a product security engineer fresher ?

Atlassian 80lpa to fresher

Product Intern

Welcome to Indian Startups's Private Community

My base is 20lpa but the break up of salary looks like this

Basic - 8,00,004
HRA - 3,20,004
Bonus - 0
Special allowance - 8,54,384
EPF - 21,600

how much will get in hand?

Salary Structure

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