I got an offer from IBM for 24 LPA. Out of this, the annual reference salary is 22.5. I have got some questions:

There's a Standard FBP, and an optional FBP. What happens if I don't choose to opt for any of the optional FBP plan? Does it still get credited to my account?
There are two components to my relocation allowance. When will I get them?
A flat 25K
Relocation reimbursement based on actuals.
What does being band 7B entail?
What day is the salary normally credited?

Thanks!

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

Your in hand salary will be 22.5 - your pf - your tax

All will be credited to your account on last working day of the month.

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Right, I forgot to mention this - the annual reference salary was after deducting PF and gratuity. So I guess it's 22.5 - tax?

Fishbowl completely messed up the formatting. My apologies!

Relocation allowance is mentioned in your offer letter?
I have received my offer letter today but no relocation allowance mentioned there.

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