You have learned the difference between CTC and gross salary and how to calculate gross salary from CTC. Now you can calculate your take-home salary with the employer before accepting the employment offer. It is always advisable to clarify with the employer about the variable and fixed ...
How to Calculate CTC? Calculating CTC is easy when you divide it into its various parts. Start with the basic salary, then add all allowances and perks given by the employer. Include both fixed and variable bonuses and incentives next. After that, add any employer contributions, such asProvi...
Gratuity is a payment made to an employee by the employer either at the time of retirement or when he is leaving the job. It is given to the employee once he/she has completed at least 5 years of continuous service. It is mandatory for any employer in the private sector or public sect...
timely and secure, and that errors, if any, will be corrected. The material and information contained herein is for general information purposes only. Consult a professional before relying on the information to make any legal, financial or business decisions. Use this information strictly at your ...
A variable weekly wage paid to an individual based on the number of hours worked/tasks performed A fixed annual salary is paid to an individual on a regular basis as long as they are meeting their minimum employment expectations Amount paid Variable Fixed Payment schedule Per Business Day/Weekly...
During my first and recent switch, I have noticed most companies don't take the variable pay into consideration and calculate the hikes usually on the basis of last fixed CTC.If I got a JB while joining the new organisation, can I leverage the same while ...
Wipro giving 18.5 lakhs with 10% variable and fugitsu giving 16 l fixed . Which one is better to choose 1 reactions Like 4 Comments Share 2Y works at Genpact ▸ Other (non-Software) You are currently posting as works at Genpact Hi Fishes !Need referral for ...
UDP-multicast: allows to save bandwidth when clients are all in the same LAN, by sending packets once to a fixed multicast IP. It doesn't support encryption. TCP: the most versatile, does support encryption. The default transport protocol is UDP. To change the transport protocol, you have ...
Basic Salary: As the name suggests, this forms the very basis of salary. This is the core of salary, and many other components may be calculated based on this amount. It usually depends on one’s grade within the company’s salary structure.It is afixedpart of one’s compensation structu...
send them to a good school, get them married and then maybe retire peacefully.But Cost to Company(CTC), Emergency Funds, Insurance, Inflation, Loans & EMI, Credit Card, Fixed Deposits, Stocks, Mutual Funds, PPF, EPF, Return on Investment, sounds like Latin and Greek. How well do you un...