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Hi All,
Persistent Systems is giving 10% variable on gross annual CTC. HR says you would receive minimum 70% of variable pay every month and remaining 30% will credited once a year at the end.
Does anyone has idea on this? Can I believe this and include 70% variable in my take home
Persistent Systems Limited
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I’m at an AmLaw 100 and had a year waiting period. Not just for laterals though. It was pretty clearly disclosed during the offer process if I recall.
For federal job protection you general need to be there a year but private policies can be totally different and as such, can be negotiated as part of a job offer. Not exactly what you’re seeking, but something to keep in mind!
The FMLA requires employers to give up to 12 weeks leave and hold your job only after you’ve been employed 12 months. Employers are not obligated to hold your job for you until you hit that 12 month mark. I took a job while I was pregnant and I got an agreement from the employer before hand that they would give me eight weeks fully paid leave and hold my job for me (even though they were under no obligation to do so). 
Pro
FMLA job protection requires a yr. But it's unlikely that they will replace you while you are on leave.
The income you earn while on maternity leave usually comes from insurance policies your firm offers (short term disability is the common policy that covers a maternity leave). That policy may have a waiting period. You would want to check with your STD provider.
A year sounds right or maybe prorated benefits for your term of employment. Should be in your employee handbook