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Hello ,
I was looking for similar query related question and got to see this .I would like to check about persistent systems offer breakdown , in Variable pay component i could see 150000 mentioned in offer letter but they said 70% (105000) of that will be paid as fixed and remaining 30% ( 45000) will be paid as variable . Is that correct? Will they pay 70% fixed?
Also there is a Offer bonus - Special skill bonus and they said that will also be paid as fixed . Will this be paid only for the first year after joining or this component amount will be paid every year?
Yes the same I have been told as well
I was a compus hire at persistent. In my CTC there is no other bonus component.
Better, double check with HR for terms and conditions and also make sure that it's not a one time bonus.
Keep in mind that, Persistent is very frugal when it comes to compensating their employees.
Software engineer 1 ,
Ok thanks!!
Year of experience?
Not sure what YOE has to do with the question
I was also offered huge amount in other bonus. I also smelled something fishy so didn't join them.
I'm still suspicious,
Is there any policy that the "Other bonus" needs to be returned if you resign within x months after joining?
Better confirm this with HR as well.