In Tech Mahindra how much percent is the variable pay ?
Also I heard they provide variable pay every month ? Is that true ? Any insights will be quite helpful.
Tech Mahindra

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10%

Thanks..It is paid monthy ? And 100% of Variable is paid out ?

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Additional Posts in Tech mahindra offer letter

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What would be the take home salary for the below structure

Components of Total Cost to Company

Rs. (Per Annum)

Basic (@40% of Total Fixed Pay)

                   771,240.00

HRA (@70% of Basic Pay)

                   539,868.00

Bonus/Statutory Bonus

                      48,000.00

Employer's contribution to Provident Fund (@12% of Basic Pay)

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Flexible Components of TFP ^

                   476,444.00

Total Fixed Pay (Per Annum)

                1,928,10

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Basic, HRA, Statutory Bonus, flexible components of TFP - fixed ?
TVP(total variable pay) - will be given a monthly salary ?

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