My compensation according to my offer letter was 20.03 lakhs.
However, in the ADP portal, I see it shows 19.34 lakhs.
Can someone tell me, what I might be missing?

likesmartfunny
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Rest is insurance and gratuity....which team btw?

As P1 mentioned, its the insurance and gratuity stuff which causes the difference

Thanks folks. Yes, now I recall, I didn't see insurance and gratuity components mentioned in ADP.

@P1 I am in the MC team.

Welcome and good luck!!!

Your experience in years?

Analyst 1 : The 20 LPA salary comes after putting in 18-22 L as the MBA fees along with some other associated costs (Opportunity cost + Capital interest loss). Get a complete picture about the MC practice before turning celebratory about it. MBA is good if you have the passion for it. If you are only looking for a lucrative package, then there are much better ways of earning good money. Goodluck!

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The difference is your contribution to EPF. Take the EPF number x 12 and you'll get your number.

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