Sr. Manager Hr/admin
Generally all companies make employer fool the employee. Considering the hike person get attracted,with out having much knowledge in basic pay and its role in terms of long term benefits one will become the looser.
In case you feel to join for short time stay in the new company, you may accept.but certainly i do not suggest you for long term stay.
19th April 2012 From India, Calcutta
1. Basic plus DA 35% of CTc
2. Monthly Allowwances 30% of CTC
3. Annual allowances like LTA 5% of CTC
4. Performance Pay 20% of CTC
5. Social Security like PF Medical Gratuity etc 10% of CTC
If the percentages are are more or less same then it is a good offer
20th April 2012 From India, Chennai
Thanks for reply.
Currently they offered 4.25 pa
Salary components are given below.Pls chek and suggest wat should i do.
Components Annual Monthly
Basic 73,200 6,100
HRA 36,600 3,050
Personal Allowance 207,795 17,316
Conveyance Allowance 9,600 800
Medical Reimbursement 8,400 700
Food Coupons 30,000 2,500
LTA 6,100 508
Gross Total 371,695 30,975
PF 8,784 732
Gratuity 3,521 293
Total 16,105 1,025
Fix Pay 387,800 32,000
Monthly VA(Annualised) 30,130 2,511
Quarterly VA (Annualised) 7,070
Total Annual Performance Pay 37,200 2,511
Total CTC 425,000
Pls reply asap.
20th April 2012 From India, New Delhi