What will be the in-hand salary?

Tech stack : Power BI, Azure and SQL
Total experience : 5.6 yrs
Relevant exp : 3.3 yrs

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Congratulations on the new offer. It looks like TCS salary,
~1.08 L will be your gross monthly salary(capped) .
For PF deductions, 1.08-30/12 ~ 1.055L.
Also the monthly bonus and performance bonus may vary depending on the account and your performance, and there are taxes. So monthly salary will range between 80-95k.

smart

I spoke with the HR.
Performance pay = Monthly performance pay + Quarterly performance pay
Monthly performance pay = Taxable Fixed pay given each month with salary
Quarterly performance pay = Taxable component, Paid at the end of a quarter, for eg. Q1 ( April - May- June quarter) , TCS announces its quarterly results in July and decides the payout.

Why did u reduce ur relevant experience?

I worked for non- technical domain for 2.4 years.

You will get around 85k monthly in hand

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Total CTC offer to me by Wipro is 13.5 lpa out of which 101256 is variable pay.

variable pay paid every quarter is 101256/3
ie 25314

So my fixed CTC = 1350000-101256
ie 1248774


So first month i will be getting 85k + salary

And fourth month ie once the quater ends i will be getting 85000+ 25314 ie more than 1.10 lacs??

Please anyone confirm if i am right

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