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Hi fellow fishies!
Can someone please explain what is “SUPPLEMENTARY allowance” in my payslip??? It is the highest in my entire payslip, more than basic salary. Basic is lets say ₹7 lac annually and supplementary bonus is ₹7 lac 40 thousand.
Can someone please explain why this exists in my paylslip, is it good or bad from tax perspective and shall I ask my HR to decrease it???
Please help asap.
Opus Consulting
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VP roles in Pharma are true ‘up or out’ positions—either you’re climbing the ladder or you’re being shown the door.
But in banking? Being a VP is like a participation trophy—practically everyone and their mother has the title. It’s less about actual leadership and more about having the right business card to pass around.
SD, ED, VP
At my company, and I think pharma in general, VP is the highest title under the CEO. So probably pretty stressful. It’s not something someone without direct industry experience would be qualified for.
It depends for what area. This is a very broad question that needs to be more specific for a tailored response
For pharma, VP is around $500-800K roughly (more heavily weighted to stock)