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(I have recently joined IQVIA bangalore. I will receive my first month salary on 25th this month. Payroll portal got just created for me. So, I opened.)
In my reports -> My current CTC section. It has details of Current annual & Monthly AGS. My question is what is AGS? It is showing half of my CTC. Should I raise this to HR or it is just something else. And where can we get the actual CTC reflection? Pls help. Thanks in advance.
What is take home salary if 9.5 lakhs CTC in UST
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Good or bad time to head out on parental leave?
Chicago folks - gwen or w lakeshore?
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On the flipside it is that same inflation thanks to the fed that has had the markets growing by a wild amount, and why its easier than ever.
2 to 4% inflation is good for the economy, if we get more than that for a prolonged period of time then we have issues.
That’s true, but it also means we have to cut back when times are good, and that never happens. So we just do this awesome trillion dollar spiral
Look around at all the goods and services you purchase on a day to day basis. I’ve noticed significant price increases over the last year from restaurants, contractors, home goods, groceries, etc. Will be surprised if it’s 2%.
Wood prices... I built a closet shelf and it cost me almost $50
Real inflation has been underreported for years
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P2, Without a noun we don't know what you are responding to. "That" doesn't count in an 8 part thread.
Hey how about not tagging entire companies for your hot take?
Jk, it wasn’t purposeful
Rising Star
Uh... no. Still looking at 2%.
https://www.brookings.edu/blog/up-front/2021/04/08/dont-overreact-to-inflation-data-this-spring/
Boy did this turn toxic quick
Great point. And for everyone being lulled into complacency, remember that the official formula for inflation was changed during our lifetime.
http://www.shadowstats.com/alternate_data/inflation-charts
Don’t tag Accenture, we all got 1 week of our salary as an extra bonus last week. We doing better on the inflation front compared to you all :-)
1 week bonus is much less than inflation and isn’t part of salary going forward so not even close to equivalent to a cola bump
Five year expected inflation per the bond market is 2.44%
https://fred.stlouisfed.org/series/T5YIE
Rising Star
Thx
You’re not much of a consultant, are you? First, it’s the headline inflation rate. Second, it’s being boosted by base effects from last year. Go look up what base effects are.
Definition of consultant being “people who’s breadth of knowledge is an inch deep and a mile wide”?
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Our clients aren’t paying for 4% escalations.
M1 you’re so right so let’s make sure that this is felt by all of the pleb consultants and analysts working 80 hour weeks, so forward thinking.. /s
Now take that energy and apply it to the way you vote to support a much needed huge minimum wage increase. Can you even imagine living on that wage, as we cry in our Cheerios about 2% on however much any of us make? Insanity.
Also a recent report from the San Francisco Fed shows that historically real wages tend to increase post-pandemic. There is evidence there at least to not be so concerned.
Isn’t it already happening for low income jobs?
Rising Star
For folks thinking there isn't real inflation, stop burying you heads in the sand.
How the hell do all stocks go to all time highs when the economy is effectively closed for a year? The brrrr machines are pumping up assets.