Is it a flat 30% tax for variable pay, retention bonus, etc.?

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If your income fall under 30% tax slab then yes, it's flat 30% on variable pay.

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Yes ,same for shift allowance as well

its not flat 30% but flat rate tax applicable depends on which tax bracket you fall.

Retention bonus? Will be interesting to know the case

It’s a thing of the past, 2021 to be exact. The company was doing alright back then, and they updated the salaries of a few people to market standards. Some were also given an amount equivalent to the annual additional amount they’d receive as a “retention bonus,” which would be paid in 3 parts over three years.

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Related Posts

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Hey I have changed service line so have been demotivated a level in offer letter ..shud i negiotate dat or will be promoted to next year at higher level or stay content wid the package?

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You will be eligible to participate in the GDS Variable Pay Bonus (VPB) Program, with a VPB percentage target of 10% at your rank.

What its means? My rank is 44

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Was offered a role at fluent360 but I can’t find out anything about them… the only thing I’ve discovered is a fairly high turnover rate. Any advice?

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Curious to hear how Account Exec comp is being broken down for those in Canada that do Solution Sales. After many years in recruitment I’m taking on solutions. Loving it! Just don’t know what industry comp looks like and would love to hear how others in Canada are remunerated.

I joined Accenture as a fresher and had a okay okay career growth in last Nine years (had a few short term onshore) - now AM, I want to understand if I am earning too less for market standards.
20l per annum
I am an SAP MDG consultant

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I’m so tired of US companies hiring remote Canadian employees offering to pay a fraction of the price for the same role.

This is consistent across the majority of the tech companies. While I am looking to exit consulting, don’t want to be paid 50% of what my colleagues would be making across the border.

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Hi All,

If i accept the offer of company Abc (MNC) to get a counter offer and after getting better offer then if declined company Abc offer, then any penalty needs to be pay for 2 month?

Could you please help me out here.

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I got an offer as Program Coordinator at Samsung R&D institute India Bangalore. I have 5 years of experience. My previous company was giving me 7 lakhs. How much salary can I expect here? Or upto what CTC can I negotiate?

How much hike (%) does Accenture gives during promotion?
(If it differs based on management level then I want to know about promotion from level 10 to 9)

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Which companies are hiring adjusters that pay 70k plus base salary and allow remote work? Or anything similar that would be a good fit for an experienced adjuster?

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Looking to relocate to the Las Vegas area next year. Can anyone tell me an hourly rate range to expect for a CT tech with 5 years experience?

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Why hike letter is not released yet?

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Joined cts on 20 sep 22 as fresher,added all deliverables in goperform,role is set and skills are approved, when will i get my rating,what would be the appraisal Percent for me in april 2023?

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Does anyone have thoughts on the differences between working for larger versus smaller Growth Equity firms? Especially as it relates to career progression, comp, work/life…. Thanks

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Hello Fishes,
Can someone help me out what will be the In hand salary ? Also it will be great if you share any calculation formula
TIA

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Anyone the only single family members with a flexible job that always gets called upon to help everyone out? Watch kids/sick parents, travel to vs being visited?
It’s like your 2nd class in the fam 😔

without paying for leads .. whats your favorite way of getting listings?

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I have a project management analyst position open in my office. Please DM me if interested. Location is Dallas

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From Facebook feed

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Cars that park themselves = not news.

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Can we share one company offer letter to another company ??

It says strictly confidential and copying or distribution of this e-mail or use of information contained herein is strictly prohibited and may violate rights to proprietary information.


Any other way I can avoid this process?

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Where's the new Mumbai office going to be?

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binannce acct on hold??

What are your thoughts about a transfer from the US to London? Is this something EY will allow? I am a Manager in Data and Analytics, a SMR in Adobe Analytics. Do you have many Adobe Analytics projects?

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Good questions to ask at the end of a PE Interview?

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Top Corp Dev teams: Trying to find the “top” (using this as short hand, I know it’s subjective) PE shops had a bunch of resources to use. However, there are no such resources (please share if I’m wrong!) for “top” Corp dev teams. “Top” is probably some mix of caliber of people, comp, ~prestige~, etc. let’s hear y’all’s top Corp dev teams!

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I’m a first-year MBB analyst. My dream role is helping energy / climate tech companies grow (more interested in ops/strategic work than in cutting checks). Are there funds that might be a good fit?

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PWC takes the lead in Covid-19 business development materials.

Send to targets and get some work signed.

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Any 🐠 attending the Pilgrimage Festival in Nashville this weekend?

Are there any fundamental differences between a salary negotiation during the start (applying for the job) vs. Salary negotiation during a performance review (you’ve been employed for x time and looking for a raise). I’m in the latter and wondering if there are any maneuvers that are different I should be doing.

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If a role is scoped as a Lead with 8 years of experience and is a people manager, what would you expect the level at?

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Feeling that I never land an offer from Google. I have tried many times and in my last try, I passed phone screening but recruiter ghosted me...
I am not sure what is wrong...
When I apply with referral, my resume always pass screening and shared with managers. But then no response.
When I get feedback on my resume and experience, people always mention "impressive". I feel desperate...Being in less challenging role at Amazon makes everything worse.

I am Finance Analyst. Any suggestions? Ideas

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How do long term options work ? Bullish

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