Hi guys, what is this Reimbursable Flexible Benefits ( RFB) component in PWC india? PWC HR told me my fixed is 14 lakhs, but I don’t understand this RFB component. Is it some kind of Variable?

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

It is fixed but you can use RFB for tax exemption, if you don't want to use that for tax exemption then that amount will vome as special allowance in your monthly salary and tax will be levied on that amount

like

Your YOE and Tech Stack?

like

You'll get all of 14 lacs. This RFB component can help you in reducing the taxes. If you claim this RFB component, then whatever amount you have claimed, you won't have to pay taxes on that part. If you don't claim RFB, then all of your salary will be taxable.

like

Yoe?

like

How can we opt out of that RFB? And wil it come as part of monthly in hand salary?

like

There is no such thing as opt out there, vut make 5hat value as 0 Rs. And it will cone as special allowance in your monthly salary

likehelpful

Yoe and stack? Pwc us or india?

like

It would have LTA, internet, telephone,fuel and similar other expenses. Yes it's a variable component and it's fixed depending upon the position.

like

So in short it’s 14 lakhs base right? And also why did you say its the variable?

like

Yoe tech?

like

what is in hand you got bro?

like

Can you explain this RFB against I'm not claim any documents. Is it comes under take home salary?

Related Posts

Would anyone recommend or share a side hustle that would complement a banker’s 8-5 M-F schedule? As of now, I do an hour DoorDash before work and after work I do DoorDash and Instacart for a couple hours. I do this as well on the weekends targeting about $200-300 a week since I am in a really small market. Looking for more creative, cost effective, and efficient ways I can supplement my average salary. TIA!

like

How long does take for hsbc to release offer once bgv is complete and salary discussion is done with HR. Hsbc Hyderabad

like

How does Deloitte stack up against MBB in the healthcare space (size/scale of clients, type of work, etc.)? My understanding is that they are all on the same level, and that D is #1 in healthcare m&a.

like

Is there any notice period buyout option in legato?

like

What are the chances that PA with ctc 4.5lpa 2yoe who is on notice period gets a promotion and a on-site opportunity? How much of a hike should he expect if the on-site location is Canada?

Ik this sounds weird but i am in a situation like this.

like

Hi guys , Iam holding an offer with Comcast 12.5 lpa (12 fixed) and Empower retirement 16 LPA (14 fixed) . Iam very much confused. Please provide some suggestions on which one to choose?

like

Cognizant Sharks
What is this metaphosis event.
I have not join cognizant yet ;though I have accepted the offer letter. Doj 29 nov 2021
Not sure on Cognizant that I will join. I am waiting for better offer to be released.
Any inputs or guidance.

like

Please help me choose the right offer. 1) BOA ( 20 fixed ) 2) HSBC ( 18 fixed ) 3) CITI ( 25 fixed ) 4) EXL ( 20 FIXED + 3 JOB + 2.24 VAR) Location: All Banglore I have 20 days left in NP. Yoe: 3

HSBC

I am looking for growth with decent wlb.

like

Has anyone transitioned from bedside/patient facing healthcare to clinical research? I am looking at making the switch and would appreciate any insight!

like

How much accenture can offer for management consulting role for sap with 8 years of experience? Happy to have feedback

like

In Accenture offer Letter, I didn't get the pay structure, instead HR told me that it can be planned by employee only on the first day of joining. How does it works? I got level 8 .

like

I am planning to shift to UK as dependent visa on my husband's visa. UK allows dependent to work. I wanted to know the pay range they offer to 10 YOE for MSBI + Power Bi skills. Please input some ideas if any

like

What's the New joiner registration grace period at Accenture?can someone help me to understand.

like

Can someone tell what's the salary range for Data Engineer 2(L5) position in Amazon, India ?

like

Which laptop Paytm gives to Business Analyst, Growth Analyst?

likesmart
like

Can someone tell me about the profile for Deal Analytics – Restructuring in KGS Deal Advisory

like

I’ve been with my current company for a little over 5 years now and since the start of the pandemic have been WFH. I absolutely love WFH and have always wanted a position in which I could WFH. There is talk of bringing everyone back to the office full time and that’s not what I would like to happen. I’ve been searching for a new position in which it would be a remote role. My current company also said I am maxed out in term of what they are willing to pay salary wise.

like

More Posts

Would someone be able to look over my resume and let me know if I would be a good fit for a role at Google? Just a little background I have 4 years experience, halfway through my MBA in Strategy & Analytics and a certified scrum master.

like

My offer letter status is "yet to be offered".
It's been more than a month now.
Will I receive offer letter from IBM?

like

Hi All,

Anyone from KPMG Global Services, Bangalore, TE-DL- DataPlatforms team in Advisory as an ETL Developer?

like

Are most T25 post-MBA hires at Deloitte consulting going into S&A? Or do they typically end up in another consulting arm?

like

If you left public accounting and are now in industry, are you still forbidden to do accounting services outside of your job?

likesmart

Is the Career Framework going to be implemented in build as well?

like

Broadcom acquiring VMware in $61 billion.

likeuplifting

Anybody here have a successful online course or program they sell?

like

Has anyone got the PDF version of the PMBOK - sixth edition and would be willing to send it to me?

To the guys in Lloyds: your pillar 3 report is nowhere to be found, any reason why?

like

How do you approach annual salary increase conversations with managers? How do you decide what is a reasonable figure to ask for? Looking for broad responses based on your experience in these conversations. Base is about 90k now (1 year of experience).

like

Is it okay if I get fired from D after my H1B transfer for the new employer gets approved ?

I’m a first year. Getting a heavy case load - general liability, med mal, FELA, and products. I don’t really know how to organize my outlook email inbox. Any suggestions on where to start would be great. I’ve struggled with being organized in the past and obviously looking to improve in this respect. Thanks.

like

I recently left the gov’t for private practice with a M&A group. How does everyone bill when you are thinking about how to structure it and what docs need to get drafted? I’m learning that billing is an art so any canned language would be great!

likehelpful

Is there a bowl that would be for best exit opportunities for those who are in consulting? My experience is in tech risk. Kind of feel like I’m stuck leaving the big 4 to only go into a compliance role in industry

like

Are any Consulting firms hiring H1Bs in US? Came across job postings from OW, Alix but they all mention they don't want any H1Bs. Want to move from Deloitte.

likefunny

Guys - A seasoned BSA looking for PO / PrM opportunities in asset and wealth management firms. Is anyone willing to refer me to their team or forward me to their acquaintances? Appreciate it.

like

Any ADs looking to grow at an agency in NY but work remotely in Philly 2/3x a week? DM me if interested.

like

This Indian matchmaking show is interesting...love how the first girl is like “my partner needs to fit in my life” 😳🙄😳🙄🤭

likefunnyhelpful

There are many openings for SAP consultants at EY GDS .
DM me if interested.

like

Additional Posts in PwC India Bowl

Any feedback on PwC forensics practice? Good, bad and ugly?

funnylike
like

Hi all,
I am working at PwC Kolkata for more than 2 years now,
I was promised that my salary will increase and as far as I know Partner has conveyed this request to the HR, but I still have not got any updates , so is it possible that , HR can deny the request, or they ar bound to do so ?. Who decides our CTC and increment ?

Thanks

like

Hi fishes,

I have the following 2 offers..

Cognizant- 21L fixed and 1.5L variable
PWC - 22L fixed

This is for a guidewire role.
Which is a better offer? What would be a good option for growth wrt role, salary etc.
Also, PWC claims to offer variable based on their fixed CTC based on the ratings.. is this true ? How much is the avg percentage given?

Thanks in advance!

like

What is expected CTC for lateral hires for PWC AC for the position of guidewire business analyst ? Total YOE-7..5 as BA, 2 as others.

like

What is hierarchy level in PWC AC for manager . I heard within Manager grade there are 3 level ?? Which is highest level .

like

Hi Fishes,

Can you please confirm how long does the joining offer ( provided by PWC ) remain active in workday portal?

26th Sept - Advisory Odyssey
Question to Leadership of PwC India - Do you think people would visit a hotel(4-6 PM) just for high tea?
No Lunch, No Gifts?
Why have you even wasted money in booking the hotel, just for high tea? Do you think, people would care about the townhall & go?, if you just give high tea?
Seriously man! I don't even know, why PwC is even coming under Big4! Shame!!

upliftinglikefunny

Hi, I had finished my technical and managerial round on May 25th and 26th with PWC. The manager did mention that there would be another in-person round in the PWC Bangalore office. Although the first 2 rounds went well, there has been no further response from HR. Is this a normal delay or should I think I didn't make it. Any thoughts?

like

How is job security in PwC India?

like

What's the salary range for Senior Associate at PwC India in Assurance? Also how many levels are there in this rank before the next promotion to Manager? Can you also share the avg years of experience required for Senior Associate?

like

Hi! how is PwC India’s Management Consulting- Finance Transformation aka Finance Effectiveness practice? In terms of career growth, WLB, leadership team? Thanks! PwC PwC India Deloitte USI Deloitte India

like

Do we have to sign a bond if PWC buys out an employee from the previous company?

like

Hi guys any one knows about finance partner profile in pwc ?

like

Hi All received retain offer from tcs same as PwC India any suggestions what I should do.CTC offered 6.5.TCS HR saying will share breakdown of salary post resignation withdrawal

like

What are the monetary benefits of going to client's location(another city) for 3 months. Is there any provision of additional salary?

9th Sept : I observed some people get a t-shirt, cup, chocolate etc. Today in Kolkata as part of a 150 year celebration.
Simple question - is everyone getting it?

like

Hi guys.. i just need some advice.. i have given the interview in p&o. The interview got over before time that made me doubt that they dont want to consider me. At last i was asked if i am open to travel or not. Should I take it as a positive sign and wait.

Just little anxious about the result. How long do they communicate about the selection

Thanks

like

9th September onwards, so called the grand programme for the next 3 Fridays for completion of 150 years!
Question to Leadership!
1. You are calling all the employees in the office & just providing lunch? That's all for completing 150 years?
2. You would ask questions, and whoever is able to answer it, you will give some merchandise only to them?, And the other people are not your employees?
Why are you even organizing it? You think people would come from far places just for lunch?

likeuplifting

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
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

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download 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

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal