I have received offer from Mindtree having bonus component is of 12% of CTC , below clause is mentioned in offer and HR also mentioned it is also fixed component. Anyone from Mindtree , can u pls help will we get 100% of bonus or it will be based on performance. Please help and provide inputs.

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It's clearly mentioned that it is guaranteed!!

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Yes although it is mentioned guaranteed, just want clarification from employees who have worked or working in Mindtree that there is no hidden thing behind it , As I have checked online and found 6% is fixed and 6% based on performance so want clarity on it if any policy has changed or so.

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This simply means that they must have shown this component as a part of your CTC. Let's say your CTC is 10 LPA, whatever your in-hand monthly salary amounts to, 10K within that is essentially being shown as bonus. You will not get anything beyond your in-hand monthly towards the year end, based on performance. For all practical purposes, the bonus component is also fixed in a way and just used as a separate classification in the CTC line items.

I will be joining mindtree in Jan. Asked one of my friend in mindtree he said that it will be paid equally for 12 months guaranteed. That bonus amount mentioned will be given.

If band C1/C2 - Monthly bonus payout
If band C3 - then Quarterly payout

Whats u r offered CTC and yoe n skills ?

Mindtree salary is fixed there is no variable pay.this bonus section is to for tax exemption. There is no hidden charges from fresher to higher management the salary is fixed.
All the best

There is no hidden component. You will be paid the money in its entirety just either monthly or quarterly. There is no variable pay.

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