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Hi All,
Persistent Systems is giving 10% variable on gross annual CTC. HR says you would receive minimum 70% of variable pay every month and remaining 30% will credited once a year at the end.
Does anyone has idea on this? Can I believe this and include 70% variable in my take home
Persistent Systems Limited
DM if anyone interested
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Dear ____, thank you for giving me the opportunity to work at your company. However, it has come to my attention that another offer is more in line with what I am striving for. Thank you
Just be honest and direct about it, you haven't done anything wrong. Thank them, tell them you appreciate their time but that at this time you'll have to decline their offer. You can add in a bit about your other offer if you want them to potentially try and negotiate with you.
First two commenters pretty much summed it up. Make sure your letter is received before severing yourself though, there might be a counteroffer.
I would just politely decline It doesn't have to be some big production. Just explain why you are declining and move on :)