Related Posts
“I get such a rush when I’m eating a taco."
Real Estate Rookie podcast thirsty for subs

Guys, I got an offer letter from Tata Consultancy
Few observations I have where I need your suggestion.
1. Fixed Basic is only 18% of CTC. I think the only benefit from this is lower Retirals deductions.
2. There is one "Personal allowance" that is almost 70% of the BoB. Any benefit from this on tax?
New to Fishbowl?
unlock all discussions on Fishbowl.



What? 2340 days?
1. PTO varies by level and date of hire.
2. Utilization is calculated by number of hours billed/2080 hours. (40 hours a week 52 weeks)
PTO is based on level (staff or manager), and your biweekly accrual can be seen in DTE on the T&E Home screen. IIRC 5.63hrs for staff and 7.08 for managers, multiply by 26, and you have hours per year accrued.
Util is, as mentioned is based on 40hrs x 52 weeks = 2080 hours, and certain types of LOA will reduce that (not regular PTO or HOL)
I get 5.54 per pay period as a solution consultant (hired 2022). Which is 18 days per year.