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an Associate Software Engineer

▸ Sanofi IT Hyderabad

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Hi Team,

In Sanofi offer letter -
These are the four components.
Basic-
Pf-
Gratuity -
Flexible components plan-

They have mentioned PF and gratuity as well.
Is it ONLY employee contribution or both? Or they will again deduct employer of contribution from basic?

Or employer PF contribution will be above on it ?It won't be in offered CTC ?
Am I correct ?

Someone from inside the Sanofi please confirm.

4 reactions

a year

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works at

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WNS Global Services 1

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Whatever PF amount is mentioned is employer contribution but it will be deducted from your salary. Again same amount will be deducted which is employee contribution. Therefore, the deduction will be twice from employee salary. Hope it helps.

3 reactions

a year

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an Associate Software Engineer

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Thanks buddy

a year

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Power Mech 1

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I asked HR regarding this

The PF part in CTC is employers part and same amount is deducted from Employee salary

Inshort both the contributions are taken out from ur fixed CTC itself

3 reactions

a year

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an Associate Software Engineer

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I call it scary since it's not mentioned that again the amount will be cut from my ctc. I know that's ultimately my money only but they didn't mention about it.

Also whatever that company I was there it will deduct only once but here base is having two times deduction of pf - employee and employer both, smart move by Sanofi to cut some amount.

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Whatever PF amount is mentioned is employer contribution but it will be deducted from your salary. Again same amount will be deducted which is employee contribution. Therefore, the deduction will be twice from employee salary. Hope it helps.

I asked HR regarding thisThe PF part in CTC is employers part and same amount is deducted from Employee salaryInshort both the contributions are taken out from ur fixed CTC itself

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I asked HR regarding this

The PF part in CTC is employers part and same amount is deducted from Employee salary

Inshort both the contributions are taken out from ur fixed CTC itself

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