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Additional Posts in CTC - Salary
What is fixed CTC at Amazon/Microsoft for SDE2
Currently I'm in a depressed and indecisive state with very low confidence. My salary is very much below par with respect to my experience.
YoE : 4
CTC : 5.25 lpa
I'm not prepared to make a switch . Is it ethical to ask my manager to revise the CTC . If yes , how much can I ask . Need your valuable inputs 🙏
Tata Consultancy Infosys HCL Technologies Wipro
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On fixed, basic is a component of it, however when it comes to variable, like every other organization, it's based on performance and stuff. In my opinion, stress more on getting the highest fixed component and least variable.
For instance my current company gives me a CTC of 19 lpa (16 + 3), so now this 3 is virtually non existent if I do a crap of a performance but they can't deny me my 16 lpa (minus all deductions, obviously). So now I switched to another organization, they gave me about 21% hike on my current CTC, but nothing as a variable. Now at the end of the year, there's nothing like a variable, but instead of getting a few more thousands where I'd have been given a hike of 40% total, most of it would've been virtually non existent, i.e. a variable component, i will be getting more on a monthly basis.
So, in a nutshell, stress more on the fixed component, cos that's what you'll be taking with you, for sure!
Bowl Leader
Stree more on fixed pay, variable is dependent on fixed pay.Fixed pay increases variable increases.