Just got TCS offer letter...help me understand both monthly performance pay n Performance bonus are sure payments right,?? These are not variables??
Tata Consultancy

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Pls let me know inhand for above offer after removing taxes, quartetly variable, annual component etc.

??

Even I have similar offer

Ohh...divide ur salary by 14.5...that will be ur in hand...If u do proper investment...Like entire 80c plus have HL n all...U might be able save much off the tax...

From the looks of it, monthly performance pay is sureshot to be paid out, but performance bonus will be quarterly paid out and generally is based on company and your performance and will vary.

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