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What would be the in-hand salary?
Hello Fishes,
Can anyone please suggest how is Globant in terms of wlb and will they continue remote work. Also holding offers from Fractal Analytics. I am from data engineering background. Which one to choose in terms of good learning,job security. Both are offering the same CTC. Please suggest.
Globant Fractal
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more layoffs at CPB today...
Please help!! Having an offer from Cts for 12 lpa(11.5 F) in Kolkata. Another offer from Credit Suisse Pune 13.6 Lpa F. I want to understand whether I will get a project as per my tech stack in CTS. I am in favour of CTS as it's in Kolkata. My YOE - 3.6, Tech -Qlik, Sql. My main concern is proper technical exposure, I am slightly afraid that Credit Suisse might not put me into a technically challenging project Credit Suisse Cognizant
How variable pay paid in Infosys.
I'm joining Infy next month and in offer letter I see, 50% of variable pay is guaranteed in first 6 months of probation. Since I will not be eligible for coming year appraisal evaluation, does that mean I won't be getting more than 50% variable pay?
Please let me know what are the criteria in variable pay.
Also one more doubt, as I will not be eligible for hike this coming cycle, will I get a better hike in next cycle? Infosys
Yes you can maximise pf after you join by raising a ticket. Both employer and employee pf will be maximised and deducted from ctc.
I dontthink that will increase your CTC.. Amount will be adjusted from Executive Allowance as pointed out by other user.
You can maximize the PF contribution to 12% of basic. Employer contribution will be adjusted from your executive allowance.
Rising Star
Employer contribution belongs to 80C as well. Right?
Overal ctc wont be increased, if your ctc is 21lpa and basic pay is 6lpa after maximising pf, employee pf 72k and employer pf 72k both will be adjusted from 21lpa only
For your example, 21L is including 23,400 Employer PF.
Base+HRA+ExecutiveAllowances =A
Employer PF + Gratuity =B
Out of A, employee will pay their 12%of 6L
Then, when employee also pay 12%of6L then the above 23,400 will increase so B component automatically increases, isn't it?
It will be deducted from the Executive allowance only and CTC will be same.
Conversation Starter
What is the minimum pf gets deducted from employee ??