u/Existingonlyyy

Hi, i was selected for a job at a CRO firm, as an assistant to MD.

I have been working since a while however this is going to be my first proper/corporate company.
I kind of already understand the breakup but still want to confirm.

Can someone please look at my salary breakup and explain me the same, it would be really helpful.

Also do i need to get it restructured in anyway to make it better for me? Please advice.

Salary Components

Salary Components Monthly (INR) Annual (INR)
Basic Salary 25,000 300,000
House Rent Allowance 10,000 120,000
Education Allowance 200 2,400
Food Coupons 2,400 28,800
Fix Allowance 6,250 75,000
Fixed Bonus 5,000 60,000
Special Allowance 29,767 357,200
Gross Salary (A) 78,617 943,400

Benefits

Benefits Monthly (INR) Annual (INR)
LTA (Annual) 2,500 30,000
Gift Voucher (Annual) 417 5,000
PF Employer Contribution 1,800 21,600
Total Benefits (B) 4,717 56,600

CTC Summary

Component Monthly (INR) Annual (INR)
Fixed Cost to Company (A + B 83,333 1,000,000
Variable Bonus (Part D) 0 0
Total C 0 0
Grand Total (CTC A + B + C) 83,333 1,000,000

Notes

Point Description
1 Variable bonus is linked to individual performance and corporate goals.
2 The variable bonus will be part of your package and will be paid every year upon completion of the financial year along with the annual increment. This will not be considered for increment or any other encashments.

Is the basic salary not too low? 25% of ctc?
what will be my in hand exactly ?
Please just provide whatever pov or opinion you have on this.

reddit.com
u/Existingonlyyy — 13 days ago

Hi, i was selected for a job at a CRO firm, as an assistant to MD.

I have been working since a while however this is going to be my first proper/corporate company.
I kind of already understand the breakup but still want to confirm.

Can someone please look at my salary breakup and explain me the same.

Also do i need to get it restructured in anyway to make it better for me? Please advice.

u/Existingonlyyy — 13 days ago

1 said to ignore these.

2nd said i need to get all these cavities removed and filled.

I have marked the area with orange dots.

Please suggest, i am very confused.

Please dm if you are unable to comment.

NAD

u/Existingonlyyy — 16 days ago