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Hi Fishes, How much money can we keep in our salary account? I have only 1 bank account which is salary account. I have created RD account in that only. So wanted to know what's the maximum amount we need to keep in salary account? And all the amount in our salary account is taxable? Accenture Tata Consultancy Infosys Cognizant Wipro Amazon Amdocs Yahoo Capgemini Citi
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I mean your salary on 12/31 divided by 2080 times the number of hours you hadn’t taken on 12/31 is it. Not a complicated equation. I’m guessing they can’t confirm final payout because that’s not the only component - you need to return firms assets, outstanding expenses, clawback if relevant, etc.
Talk to your talent consultant.
I did that math and gave them a number. I don't owe anything else to EY. Talent consultant and partners in my practice tried but nothing came out of it.
Depends on taxes, etc., you can get close enough doing the math on your regular paycheck. Wouldn’t trust the number they give you anyway, until you see it in your account. Then if it seems off, escalate. I know it’s stressful but try to focus on what you can control right now to save yourself more stress. I say that with total empathy for your situation.
I left in January and the paycheck only had a payout amount. There was no hour calculation with it. In my case they had paid out a little more than what I had in my bank, I think it was partially because I had some holiday hours I didn’t take. 🤷🏻♀️