My recruiter mentioned during hiring that the TVC payout will be 100% if one joins before September 30th. This was an important factor that helped me decide to join Wells Fargo.

During the induction the HR said that TVC will be pro-rated.

Anyone else had a similar conversation with the recruiter or were you all communicated that the TVC payout will be pro-rated?

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I was told its upto managers discretion..
However, TVC shouldn't be considered as deciding factor. Take decisions based on fixed CTC.

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It is prorated only

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Pro-rated should make sense. When I told her in my previous company it was pro-rated, she said that TVC was introduced this year and it will be 100% while the hike will be pro-rated.

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Sadly the fixed CTC also has gratuity included to inflate the fixed component

That’s right. It shouldn’t be the case though. Some companies like Jpmc do not include employer contribution and it's a good thing.

I was also informed the same in the initial discussion.
Also it is really misleading to some extent as how it is mentioned in offer for TVC.

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