I have got a new offer from a new company. can any HR here help me with my CTC breakup understanding?
Your fixed in-hand will be composed of the below: Basic component: 40-60% of the total fixed HRA component: half of basic component Special allowance/component: the remaining amount from your fixed in hand
From the above the provident fund calculation will be calculated basis the Basic component of the Fixed. 12% of your basic component.
The months when you will be paid any variable that will be added as bonus in that months pay check. But the above calculation remains the same.
For taxation, adding the complete amount paid to you by the employer for the taxable year will be counted
Not an HR but heres how I would explain it to you. Mostly your CTC is broken down into a few components.
Cash will include: Basic, Allowances etc. Variable pay includes Bonuses, Profit Sharing etc. ESOPs/RSUs are all about ownership in the company.
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:-
Hello folks, When applying for roles, I have seen HRs asking for your current CTC and expectations. Some even ask to share Fixed+Variable components.
I have read that it is illegal in some countries but nothing about India. Is it so co...
So after 2-4 rounds of interview rounds, I got LOI from Deloitte USI. They are giving 14 fixed + Variables.(0-10%) Is this good or got low balled. Offered role: Java Microservice Consultant. Exp: Almost 4yrs
Current CTC: 9.2 LPA.
If i landed a any offer so how smarty i can move to take it forward -
Incident happened with my acquaintance - Once HR Called my acquaintance so acquaintance discussed CTC only and Joined the Company but after 1 Month HR Called for Off...
