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I have some doubt regarding pf contribution... Say for example.. 12% of my base salary is 600 which gets deducted from my salary.. on the flip side.. the company has to contribute 600 to my pf (which is actually deducted from my salary only like already part of CTC)?. So my question again is that.. the company contributes 600 as well? PwC
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I was in the final stages of an interview with Microsoft two weeks ago, in partner marketing. Then the recruiter told me they were putting the hiring process on hold to assess the need for the role. Well, then we heard about Microsoft layoffs last week. Seems like most were in Xbox and Project Alpha but there’s not a lot of information out there. Should I hold out any hope that I’m going to get this job? Any insights on how much these layoffs have impacted the marketing org and/or new hiring?
What is project specific BGC in TCS?
I thought this thread would be a little busier.
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Expecting a hike discussion on Jan, any tips?
I have the below questions/understanding needed.
1- What’s a good mix of Fixed - variable CTC?
2- My variable is 120% of my fixed, is it good for switch? Can I ask other companies to make my fixed ~approx my total CTC?
3- how will it impact my taxations? Same as when whole amount is fixed and very less variable?
Cash bonus being a high percentage of base salary is definitely odd. I would have understood if it was stocks. Sometimes orgs cut down on bonuses in case of bad financial year - so there is a good element of risk with this.
Speaking from experience : the main financial value of working in a startup - if it is successful - is stocks. You get them on the cheap and are able to sell (if things go well) at decent price - and this builds wealth much quicker. So you should ask for those.