Larsen & Toubro Hi folks. What’s the meaning of retiral and other benefits and also LTI gives variable pay and incentives every month ? Can any one please clear Larsen & Toubro

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Retiral include PF and gratuity, i have no idea if variable pay will be paid every month but if there is monthly performance pay(MPP) it will be paid every month. Variable pay might be paid every quarter or sometimes once in a year.

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Really, it's weird. Do you mind sharing the salary breakdown

Variable at may/june only

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