{ "media_type": "text", "post_content": "Hi Guys got this offer from LTI as part of their merger with my company. Can anybody understand and explain what will be in-hand salary as per this with or without Tax ? The total CTC does seems to be a little bit more than my existing CTC but I am confused about the In hand part.\n\nNote : There is also a breakup of mentioned BOB which includes HRA, CA,LTA, Medical,Education, Meal Allowance and Hostel Expenditure where all except HRA are marked Optional. What does the Optional means ?", "post_id": "6124fbb39e27c50030091406", "reply_count": 2, "vote_count": 1, "bowl_id": "601b6769f845a5002a41ec76", "bowl_name": "Salary Slabs - Consulting", "feed_type": "bowl" }

Hi Guys got this offer from LTI as part of their merger with my company. Can anybody understand and explain what will be in-hand salary as per this with or without Tax ? The total CTC does seems to be a little bit more than my existing CTC but I am confused about the In hand part.

Note : There is also a breakup of mentioned BOB which includes HRA, CA,LTA, Medical,Education, Meal Allowance and Hostel Expenditure where all except HRA are marked Optional. What does the Optional means ?

Post Photo
like
Posting as :
works at
You are currently posting as works at

89k approx pre tax post pf deduction.

Optional means if you want you can save tax on those elements too. If not they will be taxable

like

Approximate 89175 excluding tax

Related Posts

Hi Folks,

I have the below offers in hand
1) TCS 13LPA
2) TechM 14LPA
3) Hexaware Technology 15LPA+ 1.5L joining bonus

Please help me choose between the organisations.
Thanks

Decision - I was out the door of my nationwide ins dfense firm. Was going to top local firm with a lot more clout where everything would be private pay and I’d be more on bigger exposure cases. However, my firm outmatched the new firm, made a much better bonus structure, and said I could do more work with their complex bus lit group. I’d still likely do about 50 percent ins defense but I really like the partners I work for, and I handle own cases/take depos, and get autonomy. Am I right to stay?

like

What is the salary range for a senior associate in KPMG's Deal Advisory and/or Strategy groups in Chicago? No MBA

likehelpful

Anyone got any insight into what salary/bonuses an ECD of a pharma ad agency in London UK *should* be commanding?

like

Hi All,
May I know the designations hierarchy in BA continuum?? especially for band 6 (levels before AVP & VP)..
Is work from home available before Covid or any plan in future may be??
And if no bonus what will be the average hike percentage every year..

Thanks

like

Coming up on 10 years of marriage.. my wife has this medical condition called vaginismus.. really love my wife but this no sex thing is starting to get to me now..

like

Anyone have any connections for T&E openings? I’m a 5th year at AmLaw200 firm and just had a stellar review with the highest raise and bonus firmwide. Still underpaid compared to market. Open to Chicago, Phoenix, and remote opportunities.

like
like

This market is too good. I honestly can’t keep ignoring recruiters in my inbox. Would you have any hesitancy about leaving a firm within 10 months of start date if it meant a title and significant comp bump?

like

Saw a posting for Specialist - Healthcare Private Equity at McKinsey. Anyone have a sense for what level this role is, comp, trajectory, etc.?

like

Does someone at the lower end of the salary band for their level get a year end increase higher than someone at the higher end of the band, assuming both people got the same rating and are same level?

like

Medical translator/interpeter here. I work as staff interpeter in a large hospital in CA and am looking to switch to either localization or security /defense. Any advice? Also, what are the payment prospects? I currently make $44/hour.

like

Who wants a referral bonus? :) I’m an AD looking to see what’s out there.

like

Does base vs bonus really matter? I have an offer for 160k with 15k sign on. I was hoping for ~180k bonus (without sign on). But doing the math, it comes out very close to as if I’d have a 175k base without sign on? Maybe I used wrong tax rates? Anyone can help?

like

What’s a good exit salary from and SC? 175k

like

Manager salary at Strategy& in London? How it compares with Big4/Accenture?

Salary for a supply chain analyst 2 with a masters Degree in Atlanta ?

like

Hi Everyone,

Anyone here a Senior Administrative Assistant? If so what’s a decent salary for this roll? Currently live in Los Angeles CA.

like

Which US state is best to live from a good life and cost of living perspective? Where can I save most taxes and have a better cash in hand/ take home salary? California is good but I feel I pay way too much of taxes.

likehelpful

Additional Posts in Salary Slabs - Consulting

Does anyone work with Cambria? There is an open position nearby and from reading the job description and it screams my name! Anyone work with them before?

like

Private vs public for elementary ? public is rated 8 on great schools if that helps

Any suggestions folks ?

likefunny
like

Has anyone tried the branch office chair? Do you like it?

like

Hello Guys,
I appeared for the managerial round in EPAM SYSTEMS

Job - System Engineer Infrastructure
Discovery phase:
Goals - discover and validate physical infrastructure, infrastructure applications setup and configurations of the given sites
Tasks - discover, assess and document discovered artifacts, which become basis for the design and build phase

This is travel job in APAC region.

It's basically planning, desigining , implementation of cloud infra.

Please suggest about this opportunity

Starting a list of good indo-chinese restaurants in US. Add your favs:
1. The everest momo - Milipitas (CA)
2. Spice symphony - NYC (NY)
3. In-chin bamboo garden - Alpharetta (GA)
4. Masti - Atl (GA)

like

EY Alumni 👨‍🎓 class of 2020 here. Looking for contacts into Deloitte, Accenture, PWC cyber practices. Happy to DM to chat. Thanks

likesmart

Sorry if this offends anyone.

Have any of you guys had to deal with “high school jocks” at your firm?

These guys at my firm seem to have the same high school mentality and style of jokes.

Any single woman interested in getting a drink tonight? 34 M

like

Looking for remote entry level business analyst positions! If you or anyone you know is hiring, please let me know.

like

Hi All! Are there any places hiring for Business Analyst, Customer Success, Consulting positions?
Thank you in advance!

like

Give suggestions on companies to apply in Bangalore.
Want a transition from Data Engineer to ml engineer/data scientist.
Yoe - 1
Engineering- tier 1 nit
Skills:
AWS Associate solution architect.
Azure agile working environment.
Python, sql,Hadoop, spark big data, ci/cd pipeline, aws cloud computing
Regression, pca, knn, ensembles , decision etc
Currently working in pharma industry.
Please provide refrell if you have any.

like
like

YOE: 9
Tech Stack: Java, springboot
IBM - X LPA and TCS - X+6 for development
bank of america gave X+3 for Sr Analyst - Apps Prog job designation
In offer letter, job designation of software developer is not provided.
I am confused with two different designations in BofA and thinking that Sr Analyst is a support role even if they mention that I am selected for development when I contacted them.
What is difference between those two designations and is Sr Analyst-Apps Prog is for support role?

Anyone who has been working with Autodesk ? Can you please how has the journey been for you.

Also one your initial RSUs get over after 3 years do they give you more RSU or is it a one-time deal.

like

Can we leave in the first week of joining after getting a better offer? What all are the repercussions?

like

Ok this might be a dumb question but - do people have jobs while getting their MBA? If not, how much are you aiming to save to cover living, travel, etc? looking at applying this fall and deciding where it makes sense to put my savings nest egg

like

Hi Fishes,
Could you pls advise the in hand salary from the below. Also. Specifically about the Statutory bonus part:State Street

Post Photo
like

Happy Friday! 😂

Post Photo
funnylike

Additional Posts (overall)

Java developer 2 yoe
7.5 lpa

What is expected CTC in next company

Hii there,
EY -8LPA - Associate consultant
DXC Technology -10LPA - Business Analyst,
Which one to choose for better life growth, hike and promotions. Please help on this
YOE- 3.4

like

Hi Fishes,

What should be the in hand salaty for below.

Post Photo
like

How much salary I can ask as a Pega Developer (CSA and CSSA) certified YOE 2yrs ?

like

I have below offers

CBRE - 31 fix ( 29+2rrb) +2 lac JB
Centric consulting - 34.5( 31 fix + 3.5 VP) + 2 lac JB
UST global - 32.5(31 fix + 1.5 VP) + 2 lac JB

Yoe - 7 years
Techstack- java backend spring boot microservices

Which is better in terms of pay, WLB ,learning and annual appraisals ??CBRE South Asia Private Limited CentriConsulting UST Global

like

I am currently in Automation team in cognizant at 8.25LPA. Shall I join Capegemini with offer of 12LPA? Please suggest.🙏🙏🙏

like

Hey fishes,

Can anyone help me with salary bracket for Senior developer T3 level @SAP labs India ?
And what are the benefits ?
Current YOE- 6.5 years
Skillset - Java backend developer
Current CTC - 19.88LPA

like

What's a very good salary for 12 years experienced program manager / senior program manager in the market?

Trying to gauge an offer, thanks in advance! 🙏

I have 5.5 yoe snd getting 10.8 lpa. An i underpaid? How much can i aim for my next company?

Should we join Deloitte if the difference between the CTC is really huge ? Deloitte Micro Focus International Plc.

What will be my take home salary ?

Post Photo
like

Hi all, which are the few companies to provide free employee office transportation?

Thanks!

like

I need a suggestion.
My ctc in 13 LPA fixed, I have 6 yoe I am a java developer at
TIBCO Software, been working here since last 1 year.
I think my ctc is very low compared to current market standard.
I already switched 2 times before in my career.
Should I switch again? Or will it affect badly on my career?
Im confused, I welcome all kind of suggestions.
Please do help.

like

Offer - 36L yoe- 11 yrs
Wife's CTC - 18L yoe- 7.5 yrs
Current organization offering me long term onshore ( 5 years) at UK as a retention offer.
Please suggest what would be the advisable thing in this situation.

like

Hello Fish Bowl ppls!!

I am an Azure Data Engineer (Certified) with total 6 years of Data Engineering Experience. Relevant in Azure-3 years.

What is the salary or package I should go on with?

Right now I quit IBM (Serving NP) 85 days remaining, and hold an offer from TCS of 17LPA.

Could you advise the market standard salary I should go on with?

Nowadays HR are doing low ball key stating we could not offer 20 , since ur current CTC which is 12LPA.

like
like
like

Hi Fishes,

Please help ,Capco vs Mercer which one is better ?

Yoe - 7.3
tech stack - Data Scientist

Mercer - 25.5 Ctc - ( 23 Fix)
Capco - 24 Fix plus 1.5 Lakh Joining Bonus

Please suggest.

Thanks

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy.

Already have an account? Log in

New to Fishbowl?

image with Fishbowl logo and arms reaching out for a handshake

Already have an account? Log in

By continuing you agree to Terms of Use and Privacy Policy.
Messaging rates may apply

For account settings, visit Fishbowl on Desktop Browser or

General

Legal