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please help
Marsh & McLennan Hi Fishes,
I am currently serving notice period and 30th sept 2022 is my LWD.
Role : Java App Support Analyst
Tech stack : Java,Linux,SQL,ITIL, Jenkins
Current CTC : 5.7LPA
I have offer from Marsh : 14.LPA fixed + 10% variable
BOA is offering 13.5 LPA Fixed+ 1.5 JB
However, BOA is giving DOJ as 7 Novemeber.
I am looking for your suggestions which one to join. Kindly help.
Bank of America Marsh McLennan
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Instead of cutting 12% of your annual basic salary as PF, they are cutting only 21,600₹ as part of PF from your salary.
Direct profit of 1.1 lakh approx per year which will result in 9k extra in hand monthly salary.
It's actually really good.
Your less money will be cut in PF and so less money will be trapped in PF account untill you retire. EPFO don't allow you to take out money easily anyways + after 20-25 years when you get that PF money, it's useless due to Inflation.
10 lakh of PF money will be equivalent to just 2 lakh after 20 years.
So PF being capped at 21,600 is a great deal.
Take it.
Thank you