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What would be the in-hand salary?
Today I got offer letter from Oracle
In the letter they did not mention any joining date, but I informed I can join from Oct but question is where I can confirm this?
Next, in the letter they mentioned following:
Basic Salary (A) - XXX amnt
FBP (B) - XXX amnt
Total Gross Pay (C = A+B) - XXX amnt
Company PF (D) - XXX amnt
Total Gross (C+D) - XXX amnt
In addition bonus 15% p.a. on annual gross pay (basic pay)
Need to know what will mnthly in-hand & other deduction? How to calculate bonus?
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This the bottom?
Why is it that there are very few Asian CEO's?
Generally and casually speaking, the first 2 years at a big coming out of undergrad are years where you barely add any value. Irrespective of major, there is really nothing you know that others don’t. You’ve been a student all your life, these other guys have been doing it at pain of losing their jobs lol aka professionally. Maybe in year 2, you start training the newbies and that feels productive. Bottom line: learn what the value chain in your job is, and learn what value you could bring in, and then just work on that. Your first 2 years are for learning. You’re only paid all that money because that’s the competitive I duster pay for high potential folks, in your role.
I assumed you’re a recent grad. If you have 3+ years of experience then write down your skillset and find ways to add value in your line of duty or get another job or upgrade your skills with more education.
Also be wary of “impostor syndrome” and cut yourself some slack!
I had a few typos.
“The first 2 years at a big *company coming out of undergrad…”
“You’re only paid all that money because that’s the competitive *industry pay for high…”
You will add more value once you learn more. I think you should stay for a bit before going back for MBA - it will also be more productive if you are a bit more experienced.
*OP casually inputs humble brag post*
Pro
MBA for a trader or sales? Honestly I think it’s a bit of a thing of the past and way too early now anyways. But why do you think you don’t add value? Did you have any feedback session?
What about to manage a desk team? Not familiar with that career path.
Rising Star
How can you add any value without having experienced insight to draw from? Our phd interns come and don’t add value for the first 1-3 years because it takes time to learn the area of work and then be able to give valuable input. I think you should do your best to learn more on the side so you can accelerate this process but this is completely normal as long as you are doing your best and are doing at least as well as your similarity experienced peers
100K right out of school congrats!! What exactly is your job? Thank you I am new to the space and I am looking forward to educate myself as much as possible.
If you are sitting around all day doing nothing, then that would be a problem. Too early for an MBA, you have no work experience, would be difficult to get into the top business schools..
S&T are very hard seats to get, at least do 2-3 more years and really try to provide trade ideas, solutions, analytics etc to add value.. then worry about an MBA if you decide you want to exit into a completely different industry
It is normal. There is a learning curve and a “trust curve” where you slowly show your value and ability and earn trust to be given larger goals, etc. you’ll eventually see the value you’re adding. If you search for a new role, you’ll just restart this process again and go over another year of feeling this way. (Unless you actually realized you do not like the job you’re at, and would prefer to do something else, then change.)
Also the grammar crazy in me needs to point out that it’s “latter” nor ladder 🪜 lol sorry I can’t control it
I believe in the power of acquiring more skills and education. Definitely get the MBA if you can. You're young and have many opportunities ahead of you, take your education while you can. Good luck!