Wonder, many of us het over excited to know our CTC, without getting into details of it. But when do we receive our first salary, it feels someone cheated you giving you a sweet poison. I never come across in other financial hubs around the world where they used to add so many clauses into your CTC, which literally make you confuse.
I dont understand below text from page-2 "For instance, if your salary structure is 70 per cent fixed, 30 per cent variable. You can increase the fixed component to 80 per cent and keep the variable at 20 per cent (if you are uncomfortable with the variable part being too high). In this case, the cost-to-company (CTC) will continue to remain the same" Why company has to accept this?? If they are smart and cost consious, they will always negotiate for 70:30 than 80:20. They will ask you to work and gain than just sitting on office chair. I happend to see one offer letter where even attendence carry incentive
Re: Why 80:20
by digvijay singh on Jul 20, 2010 10:05 AM
Practicly this negotiation no company can think of as it impacts the payroll logic of the application company is using also fixed and vairaible are company policy and no company negotiates on this..
It seems writer has never worked in such kind of environment..or is not ware of policy and proceduers
This will mean that 1) you get to sleep with him. 2) If ur male and if boss is either male than either change ur gender or hope that ur boss is SRK or u become SRK. 3) The other best alternative is get MBA and keep on changing jobs !!!
Re: Re: Sleep with the boss !!
by Sunit Kumar on Jul 19, 2010 04:06 PM
When ever u get to top slot always make sure that in order to do cost savings HR should be the first to go !!!
