I have seen companies adding food, transportation and all sort of random benefits in CTC to artificially inflate it. Some add higher education reimbursements under certain conditions which are almost never met.
Atlassian came to our campus with CTC of 82 but actual tc was close to around 30 including stocks and joining bonuses and all.
Where did the other 52 go?
I don't know exactly. But some said the total stocks were vested over for like 7 years lol. Still not sure about exact breakdown. Try finding on leetcode.
All the company coming for campus placement inflate CTC like anything
Mine includes heads like office stationery, magazines, library memberships, books, personal training fees and sports equipment. All useless AF. And we're on permanent work from home
Profile at cashfree: backend developer CTC: 32 lpa Base: 15 Variable: 2 Esop: 15 (4 yr equally divided)
Profile at SRIB: Developer CTC: 20 Base: 14 joining: 1 Retention: 5(4 yr equally divided)
Priority: WLB> learning> comp
although ...
Samsung wlb is next level but you'll be working like a sarkari person. No growth there, no good projects. Ppl only go...
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 ...
If not, then can you use this to increase your next switch hike?
Hey guys,
I am a fresher, will be joining SAP LABS INDIA soon. I was offered stock options worth 8.4L over 4 years. I have been looking for vesting period details but not much info is available online. If someone here knows about it, pl...