I am working with a start up. For start up there are no much of a documentation. Now my take home amount is 30000, thats the amount I get in my bank account, plus I get cash reimbursement for petrol and mobile (there are no paper trail for this. Now I have few questions:
1. What is my CTC?
2. How should I negotiate with a company HR? Applied at a company and the HR is saying I am getting 360000 as CTC and they have some arcane rule that the hike cannot be more than 25%. So now he is quoting a figure of 450000.
I am not able to understand this because I checked some of the salary break-up calculators and it shows that if my CTC is 360000 then my in-hand would be in the range of 27000-28000 which is not the case here.
How should I bring this point to the HRs understanding.
Look forward to your responses.
1. What is my CTC?
2. How should I negotiate with a company HR? Applied at a company and the HR is saying I am getting 360000 as CTC and they have some arcane rule that the hike cannot be more than 25%. So now he is quoting a figure of 450000.
I am not able to understand this because I checked some of the salary break-up calculators and it shows that if my CTC is 360000 then my in-hand would be in the range of 27000-28000 which is not the case here.
How should I bring this point to the HRs understanding.
Look forward to your responses.