Hi friends,
I am having a small query hope i will get answer.
I have got an offer letter for a latest given interview. In the offer i have recieved a Basic salary which is 60000 less in comparison to my present salary. They have make overall offer with 25% hike but i am very much concerned with Basic salary. As employ is getting all the increments on his basic salary......
Please help.
From India, Mumbai
I am having a small query hope i will get answer.
I have got an offer letter for a latest given interview. In the offer i have recieved a Basic salary which is 60000 less in comparison to my present salary. They have make overall offer with 25% hike but i am very much concerned with Basic salary. As employ is getting all the increments on his basic salary......
Please help.
From India, Mumbai
Hi...
There are chances that the company is offering more variable pay than fixed thats why the basic is less...
If you can share the salary structure we will be able to offer you more help, you can share your structure at
if you have any problems sharing it here.
Thanks
Archna
From India, Delhi
113There are chances that the company is offering more variable pay than fixed thats why the basic is less...
If you can share the salary structure we will be able to offer you more help, you can share your structure at
Thanks
Archna
From India, Delhi
dear members, Please provide informaton or attach material related to talent acqusition ? regards, babanaresh
From India, Delhi
From India, Delhi
Hi,
Some organisations have a fix % in which basic is apportioned i.e generally 35-45% of Gross salary. As lot many statutory components like gratuity, PF, Bonus etc depends on basic, many organisation put a cap on basic and keep it constant to Gross Salary or keeps it at minimum.
Compare both CTC structures & Understand the difference on benefit on retirals that you may face due to difference in basic.
Parul.
From India, Mumbai
Some organisations have a fix % in which basic is apportioned i.e generally 35-45% of Gross salary. As lot many statutory components like gratuity, PF, Bonus etc depends on basic, many organisation put a cap on basic and keep it constant to Gross Salary or keeps it at minimum.
Compare both CTC structures & Understand the difference on benefit on retirals that you may face due to difference in basic.
Parul.
From India, Mumbai
Hi,
I totally agree to Archana's response. but it can be a issue of job location as well.
As if we compare the structures of metro and non-metro cities, we can see a huge difference. Generally in metro cities the sum of BASIC and HRA can go upto 75% of the gross income but in Non-metro cities it is close to 60%.
To get the exact reason/solution, you need to share the current and offered pay structure.
Feel free to share the same at
.
Regards,
Jagdish Singh Negi.
From India, Delhi
I totally agree to Archana's response. but it can be a issue of job location as well.
As if we compare the structures of metro and non-metro cities, we can see a huge difference. Generally in metro cities the sum of BASIC and HRA can go upto 75% of the gross income but in Non-metro cities it is close to 60%.
To get the exact reason/solution, you need to share the current and offered pay structure.
Feel free to share the same at
Regards,
Jagdish Singh Negi.
From India, Delhi
Hello,
The industry standards for the basic Amount ranges from 35 % to 45% of the Gross Salary , if your salary structure meets this criteria, no need to worry.. Rest would be mainly based on the fringe benefits provided.
Regards,
Sundar
From India, Bangalore
The industry standards for the basic Amount ranges from 35 % to 45% of the Gross Salary , if your salary structure meets this criteria, no need to worry.. Rest would be mainly based on the fringe benefits provided.
Regards,
Sundar
From India, Bangalore
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