How is the ericsson CTC structure? They include gratuity & medical & variable pay in the ctc?

Also what % is variable pay?

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

Hi but pf and gratuity is part of retirals which is part of CTC,but you won't get in hand as salary.variable is also part of CTC ,but you will get annually based on your performance and company. Correct me if I am wrong

like

Every company includes all these as part of ctc.

To be specific to your question, ericsson won't add medicle as part of ctc. Remaining else will ge there

Variable based on your job grade, like any other company, here I felt variable is less on every job grade compared to market standing

Fyi not everyone company includes that.
My current organization only has pf in total CTC

like

So variable pay is not part of your ctc?

No it is rating based above CTC, even gratuity is paid by company & not part of CTC

Good to know, thanx

Related Posts

Selected for L8 consultant in Mastercard gurgaon
Yoe - 4 years
Current ctc - 17lpa
Holding an offer of 25lpa

How much can i negotiate?

like

PwC I have a HR interview in PWC Yoe 2, Frontend UI I have already a offer of 12 (fixed) + variable components coming around 13-14 Can anyone please tell me how much ahould i ask? I was thinking of saying 16 and going 15 min (fixed)

like

Is it normal for Amazon recruiters to reach out to you regarding SWE positions? I’ve received a couple messages on LinkedIn about some openings, but considering the fact that I’m still a junior developer I’m not sure if they’re legit or scams.

like

Hi All,
I have applied for
EY and I got selected for the 2nd round, after completion of the 2nd round, I didn't receive any call from HR in person, nor any mail. Can anyone please tell me the EY selection process.

Thanks in advance 😊EY

like
like

I’m looking make a transition internally but fear the comp will not be competitive as if I was an external candidate. Any suggestions to negotiate?

like

What’s a typical salary for a Director of Operations in the NYC area?

like

I have got selected in Netcracker as Senior software engineer with 7 years of experience, Pune location.

How much salary I should ask ,my current CTC is 25 lac.

like

How much does a mid weight visual designer typically make at an agency? Less than 80k?

like

£50k TC, 2.6YoE working within the change arm of a bank ——- what do experienced fishes think is a good next move for someone like myself? Might want to move into consulting one day with ultimate aim of MBB but also enjoy technical coding work, particularly in credit risk / counterparty credit risk in banking — could use some fresh perspective ; quite confused atm as interested in many things! Don’t mind staying in change management either TIA - appreciate any advise

like

Picked this up the day my bonus cleared. Ended up picking this over the JLC moonphase in case anyone was wondering from my last post

Post Photo
like

I’m interviewing for a marketing manager role at a company based in SF. I’m genuinely excited about the role and the company but we’ve yet to discuss salary. I expect to be asked at some point, but my research has given me a VERY broad range. So I’m here to do a bit more research. I’ve got 5 very relevant years of experience and will have an associate manager directly reporting to me. Are there any marketers out there who can share their salaries in similar regions and experience levels?

like

Has it been officially communicated that bonuses pay out on September 30th?

like

How much salary/CTC to ask for Manager in technology role in one of the big 4s?

If I have a small growing practice (~$70k), is there any viable set up that allows me to continue growing my practice and get paid to help service someone else’s or pipe dream?! How much could I earn?

like

Anyone knows about the base for chase PCA?

like

Can we re-negotiate the package after offer letter has been released ?

like

How long is the interview process at CBA? How many rounds of interview for senior poaitions like senior technology businee analyst or Product Owner?
Any feedback on work culture

@CBA

like

How’s the work life balance situation at Amex for data engineers?

like

I currently work as a 2L for a small firm that pays below the average rate for law student clerks. I’m grateful they even pay me what they do. However, I’d love sound advice for asking for a raise.

like

More Posts

How is working in Rev Ops?

like

What is the ideal pay bracket for a Senior 3 in US in the Cybersecurity role?

like

Hi, I have an offer from Deloitte India where LTA is shown as part of CTC. Can I get this amount as monthly or I can only claim this in March (year end). Please help existing Deloitte employees. . Urgent. Thanks a lot. Deloitte India Deloitte USI Deloitte

likehelpful

Hows the appraisal number in coforge for this year ?? Nd also how much variable did you guys received ??

like

Fishes, could you please share your views on the following?

Post Photo
like

Hi Fishes,

If the TSC HR generates offer letter for me , I accept the offer & later in the joining date decide to not join TCS, will I be blacklisted from joining the company again like an ex-TCSr is blocked from joining TCS>?

like

HI Fishes, Anyone in Infosys working in client location ( Bfsi ) what clients to Infosys has in Gurgaon location. Any idea Infosys

like

I graduated with my bachelor's in HRM and I'm wondering if there are any certifications or trainings I could do before I lock down on the SHRM-CP. I recently became HIPAA certified for my company and that got me thinking about what else I could do to add to my resume. Looking for good stepping stone certificates.

like

Looking for info on the Meta Reality Labs Global Marketing team, specifically Meta Quest. Have an offer and would like to get the real scoop on WLB/team culture. Does anyone work there, have a friend there, or have the deets? Happy to DM, too. ☕️🫖

like

So as a 30ish yo with a government/PE/tech background and CIPM/CIPP… I’m finding privacy work is just much easier and interesting than other kinds, but still pays plenty well.

Is it too late/inadvisable to go to law school to specifically aim for privacy work?

I just find some firms are unwilling to entertain the idea that anyone but a lawyer has anything relevant to contribute in this space…

like
like

Hi all. I just received an offer for $130k and will be eligible for about 29,000 shares of stock options. The vesting schedule is 1 year and then quarterly thereafter.

Can someone explain what this means? I “will be eligible”. So, I have to buy the shares? Should I be asking at what price?

Newbie here. Please help!

like

Any freelance Digital Advertising opportunities available related to Ad Operations or Campaign Management? Let me know! Thanks!

like

Hey Amazon @ employees!
Just passed my phone screen for Escalation Engineer. Any tips for the technical interview?

like

If you could go back in time and talk to yourself at the beginning of your career, what advice would you give yourself?

like

I do not like HR work, should I be aligned to HC? I’ve mostly worked on process design on large transformations and do not feel like I need to be an HR guru in order to understand the business process

like

Hello, I looking for referral in business developpement management with relocation option. Thanks to anyone that can help!

like

How to track my BGV in Natwest. I have submitted all the documents. How to check my current status? I received link from First Advantage. I have submitted documents.

like

Quick temperature check: litigators, are you all underwater this month? This has been my busiest end of year season in actual years. I am getting slammed with expedited court deadlines from judges every, single, day. Clerks, what’s going on?! Send help.

like

Additional Posts in Ericsson

Is Ericsson planning to have permanent wfh options going forward?

Hi Fishes,

How much can I expect the offer from Ericsson on 6.6 yoe and on Production Support Role?

like

Any vacancies in Ericsson Kolkata for RF engineer?

like

How are the appraisals in ericsson ?

like
like

Do we need to submit rental agreement to claim HRA tax exemption in Ericsson or rental receipts enough ?

How frequent rental receipts should be ( yearly ? Or quarterly)

Hi Fisher, still Ericsson offering WHF?

like
like

What would be yearly hike in Ericsson.. if it is 5% , does it really mean 1.5 lakh increase for a guy with 30 lpa ctc...

What is the salary for BSS Digital Engagement consultant in Ericsson for India locations?

like

Hi fishers,
Could somebody tell me how much time does it take to generate offer letter after HR salary discussion in Ericsson?

How much Js7 maximum budget should be??

like

Hello fishes what is the variable at js7 ?

like

Hi,
Any plans opening Bangalore office from June?

Hi

What is the shift allowance policy in Ericsson?

like

Hi fishes! I am in final HR discussions with Ericsson. They are offering Job Stage 5 -- 13lpa (not final). Java Spring Boot, YoE 4.5/5.9. CCTC is 7.7lpa and offer in hand is 11lpa. Am I being low balled as per Ericsson's standards?

How do I deal with this?

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