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Hi fellow fishies!
Can someone please explain what is “SUPPLEMENTARY allowance” in my payslip??? It is the highest in my entire payslip, more than basic salary. Basic is lets say ₹7 lac annually and supplementary bonus is ₹7 lac 40 thousand.
Can someone please explain why this exists in my paylslip, is it good or bad from tax perspective and shall I ask my HR to decrease it???
Please help asap.
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Bain & Company Bain & Company Do you have any insights into what they are expecting in the second (last) round? I saw that there are two cases and a presentation. Are they more interested in professionalism than the "analytical" skills assessed in the first round? Do you have any more insights into the presentation?
Many thanks in advance
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100% yes. My tuition was roughly $22k/year, my first job payed $50k, and my debt leaving school was ~$35k. With all of that said, the education I had enabled me to propel forward to make an additional $30k in my first year and a half out.
I went to college before putting students into crippling debt was a thing. Worth it. I wish more came out of school with liberal arts degrees rather than using it to get a leg up on a trade, but the debt makes that impossible.
@MediaDirector1 jesus christ dostoevsky. that's your name now cause that posts looks like crime & punishment.
I didn't have to pay for my education. I won it playing skee ball at Dave & Busters.
84k in debt. 52k starting. I'll recover someday, and I doubt I'll have too much unemployment trouble, but you could consider me a little salty about the whole thing.
@72andsunny - to be fair, I wore my thesis on the value of a higher degree.
$20k/yr tuition. $60k debt. $28k starting salary. Only regret is not going to public school. Not sure the value in the private school proved the difference I thought it would when I picked it. Especially after they raised tuition every year but not my scholarship.
Mass Communication. Started at 35k. Graduated debt-free.
Doing the math - yes. I am really lucky in that I had people willing to help me and a good secondarily school education in the #1 growth city in the country. I went to public school all the way through so it was affordable - my parents weren't in debt up to their eyeballs by the time I was out of HS. I spent only about 78k on college all told - that's tuition and room/board. I had help financing it and all of my other expenses I covered by working a little more than part time through 4 years. With that I've been out of college 5 years and made that money back almost 4.2 times. If I had needed to pay that debt off I probably could have done it in 3-4 years dep. on interest. I also made great friends, wrote a thesis, studied aboard. I would have probably paid more for all that if I had quantified it then. My only issue w the education system now is they fail to path you well for after college unless you're in business or medical school. Liberal arts education won't tell you that you may fall into some job that you may or may not be passionate about. I'm still trying to figure that out. In summary yes, worth it, I'm 27/female/own a home and car soley, travel the world in my free time and have a great support system but on the flip both myself and my core group of friends feel unsatisfied with the day to day and long tall goals of our careers. So I got ROI monetarily but maybe not in world and life impact professionally.
@MediaDirector1: haaaa!! that's meta af. 5 points to Gryffindor if it was an epistolary of financial aid applications titled "Poor Folk."
Looking at just debt and starting salary coming out of school is a static snapshot. The upwards slope that you get in salary from an undergrad college education (if used right) is where the value is at. Not so sure for a grad education, at least in our advertising field
My education was worth it at the very least because it wasn't acquired in US and was completely free. Grad school prices here terrify me even more.
Yes, I loved college. Made great friends and I did learn a lot whether it was just working with people or course leaning. 4 year tuition was 100k but had a 1/2 scholarship. So 50k debt down to ~25k now. My starting salary was in the 30s now in the 80s.
I think undergrad was worth it, grad school less so. Especially since I couldn't work while in grad school. Didn't realize that going in and it would have radically altered the calculus of whether that degree was worth it.
Yes, worth it. Bachelor's in business school. Totally applicable to what I do now. Dodged a bullet avoiding doing an mba and saddling myself with exorbitant debt. College was rough, worked 3-4 jobs non-stop and went to school full time with straight As. Tuition was about 15K/yr. Had a small academic scholarship, rest on credit cards as not qualified for federal student loans as international student and no credit history or cosigner for a commercial loan. Had multiple credit cards with insane apr rates and like $500-800 credit line. Kept moving credit card debt around to interest free promo ones a lot too. Starting salary was 23K in early 2000s in the burbs. Paid off credit cards within 3 years. Debt free ever since. Never again.
I went to Hyper island, got my masters, got a dream job, and it all paid itself back within a year. Also, my thesis got me to speak at a ton of conferences and made amazing friends and connections along the way. But that's just my experience.
Undergrad 56k yr starting job was 50k. Masters was 24k job after 75k. No debt and I'm 23
$60k student debt. Making a decent living 15 years post. Still paying it. Meh?
Question for you guys about debt: Did your parents help? In my day (I'm as old as the hills) loans weren't available like they are now, so you sort of went to college based on your parents ability to pay. Not entirely, but a lot more than today. I don't think I know anyone from high school who was saddled with the type of debt you are talking about. But college wasn't nearly as expensive as today (though it was really really out of reach for many)
50k/year for art school. 65k in debt. The rest was scholarship- my family only paid maybe 5k out of pocket. Starting salary was 55k. Two years later- now 75k. I skipped JR position and didn't have to do portfolio school. Worth it, in my opinion.