Must know your Salary Components | CTC | Gross & Basic Salary | Variable pay | HRA | LTA & Gratuity

[@tdrarshad4545]

What flexible compensations pay

[@CareerChrome]

Dint get you

[@tdrarshad4545]

But there is options like either we can take it as salary or we can taake it allownce

[@PRADHAN_SIR_]

Mam LTA claim karenge to monthly salary se deduct hoga kya o amount....plz tell me

[@CareerChrome]

Lta is not deduction it's exemption

[@shaikkareem5949]

Variable pay structure

[@CareerChrome]

already shared video on that do look into it

[@priyaverma7976]

What is variable pay in this

[@CareerChrome]

Already discussed in one of the video please do check it out

[@gomteshshirgave7832]

What is veritable pay?

[@CareerChrome]

Variable pay you mean?

[@kotreshm5033]

What's variable salary?

[@CareerChrome]

Already discussed in many of the videos do watch complete video for better understanding

[@tirumalacharikancharla4566]

Great explanation 👌👌👌

[@CareerChrome]

👍

[@creativethinking7413]

Night shift allowance

[@CareerChrome]

If it's mentioned in your offer letter

[@dineshmali5395]

Explain variable salary & fix salary

[@CareerChrome]

Ok will make a video on it thanks

[@mvprabhakararao1595]

what is the meaning of T.T.C 7.5Lakhs

[@CareerChrome]

Total target compensation

[@daizy16]

Hi, please explain prorated salary

[@CareerChrome]

Ok will see thanks 👍

[@smrutiranjanmohanty21]

Is gratuity and insurance premium comes under fixed pay in Accenture?? What is NPS ??

[@amolgejage9550]

Variable salary is taxable or not?

[@CareerChrome]

Yes it's taxable

[@ramrajekolhe6334]

what is Leave Travel Assistance ? Is it similar to Leave Travel allowance

[@CareerChrome]

Yes

[@yashgotal7402]

Thanks for the information ma'am. I have a doubt, will I get my LTA mentioned amount in salary breakup monthly or only when i'm submitting my travel bills?

[@faizanmithawala]

Internet reimbursement is added in CTC or not ?

[@manjunathgoudar4064]

Please explain flexi pay in salary structure

[@tejujagadale7458]

If lta is 10k is it deducted from my salary

[@CareerChrome]

Lta will not deduct from salary it will be credited to you

[@laxmanjogdankar6348]

Insurance amount is mentioned in my CTC.....if I don't want to use that......will they me pay me in monthly salary?

[@CareerChrome]

No

[@rubixmalayali2415]

Hi mam, I got an offer from the company telling 4.2LPA is the salary and 4.62LPA is my variable pay.What that means.

[@jyothipasikanti2318]

Today I got offer from Accenture, your videos helped sister. Thanks

[@CareerChrome]

Congratulations and all the best 👍

[@saurabhkendre7285]

When u attend interview??

[@dhananjaysarkar286]

In my offer letter written that LTA RS. 6750pm, will this amount credit pm with salary??

[@CareerChrome]

Yes

[@sarathkrishnan7718]

Helpful

[@CareerChrome]

👍

[@riyasarlapadavu3519]

Flexible benefits basked means

[@suryaprakashsharma4951]

Please explain about pro rata basis variable pay

[@CareerChrome]

Sure will see thanks 👍

[@uthaaraakeerthi175]

What is off cycle recovery deduction in salary?

[@creativekunal.10x]

Hello mam, Can you please explain in detail about ex gratia bonus in CTC..

[@CareerChrome]

Ok will see thanks

[@deepakkumarmanjhi1226]

Ma'am my CTC is 5.60 lpa in which (fixed - 4.10 lpa and variable - 1.50 lpa). Then ma'am how much I get in-hand from fixed pay.

[@CareerChrome]

Reach out to me in instagram

[@jumbo1556]

What is ex gratia(unallocated fixed pay) component?

[@CareerChrome]

It's comes under incentive

[@subramanyamnandyala4315]

Hai in my organisation Employee PF and Employer both deducted from my CTC only...Why it's happening...?

[@CareerChrome]

Yes that's what they do

[@mukunthans3600]

Thank you so much, you have exlpained it in very simple language....apart form the ones you talked about, there are a few more components mentioned in my breakup like "Learning and dev" and "Gadget and equip" components, are these similar to LTA reimbursement or can I add it while calculating my in-hand salary?

[@engineering6058]

In accenture Is there any relocation bonus?

[@CareerChrome]

Yes depends on project

[@savhinmotwani3261]

what are RSUs mentioned in ctc

[@CareerChrome]

RSU are benefits granted to individuals during their first job

[@Sonu-fl1co]

What is adhoc allowance,nd do we complete adhoc allowance in monthly psy?

[@CareerChrome]

Adhoc allowance are supposed to be paid to employees are as mentioned below: ... Over time, Nightshift, Incentive, Petrol Allowance, Diwali Bonus, Service charge, Gift Voucher, other expenses, etc. As per your compensation break up it will be paid

[@rubixmalayali2415]

why they are not mentioned the leaves taken by the employee in deduction setup...How they are calculating the leave deduction for employees

[@AshwiniMishr-p6q]

Mam if we will not reimbursed the lta then when it will be credit in the account on which month.

[@CareerChrome]

Not sure about the month because I haven't onboarded so might be between December to march you will get it in any of these month

[@chanderr952]

Mam i want to resign from Accenture my 5yrs are completing on 21 june 2022 am i eligible for gratuity?

[@CareerChrome]

Yes

[@mrxyzpqr]

What is EX Grata / Statutory Bonus??

[@CareerChrome]

That is a variable component of your CTC which will be paid yearly

[@vipuljain5683]

i not very clear about LTA, like if I do not travel then company will pay me that amount after some tax deduction or company wont pay me anything instead tax will be deducted from my holdings?

[@CareerChrome]

They will pay after tax deduction if you won't travel

[@boinachandrakanth8444]

@@CareerChrome so if we hadn't travelled on a particular month then we will receive the LTA amount after tax deduction right???????

[@vipuljain5683]

In my breakup LTA is under blue color section of ₹40k annually, so i can assume that I'll be receiving more than my ctc offered by company if I donot travel?

[@CareerChrome]

LTA falls under CTC

[@sangeethavenkatesh9001]

Mam total fixed pay is 152k then how much we will get in-hand salary now??

[@CareerChrome]

Please reach me out in Instagram

[@nikhiltg9]

I have n ex-gratia component in my CTC but it's not understand my monthly pay. when I is this paid?

[@CareerChrome]

If you have done 2 years of service then that will be paid

[@MrRowheet]

what PF 12 % of basic salary ammount deducted two times , from employee and emplyer??

[@CareerChrome]

12% or yours will be deducted and 12% of employer part they will contribute from there side

[@sanskarsahu7506]

In my CTC 20k LTA component is included, will I get this amount in my monthly sallary? Or I have to submit bills to my company to get reimburse of this amount?

[@CareerChrome]

Responded

[@prashantkamble7957]

but gratuity amt deducted from our salary . if we left before 5 yr then employer has to be paid that amt

[@CareerChrome]

I think Gratuity will not be deducted from net salary

[@vijaybhaskarreddy9863]

What is variable pay percentage mam.how it's useful.why ask HR recruiter about variable percentage.

[@CareerChrome]

it will mentioned in your offer letter do check it out, if you want to know in detail check out my latest video I have explained everything clearly

[@kamranpatel2998]

thanks a lot for explaning a brief details of each Mam in my salary slip they have mention AIP what's that I didnt get it

[@CareerChrome]

Aip is annual incentive plan

[@YoursCunningPanda]

One main doubt reply me in your free time Doubt: will variable pay be paid only for 1 year or till we resign the company . I know it will be quarterly or yearly I have salary 13lpa and I have 8fixed, 2lac - year ending bonus, 2 lak- performance pay and 50k joining can you tell me will it be paid every year or only for 1 year and another year only basic pay? And I know it will be based on company performance I want to know my in-hand salary and variable pay will be paid every year or not please reply on your free time thanks

[@YoursCunningPanda]

Your ansr will be greatly helpful incase if u haven't understood my que i could tell me clearly once again

[@CareerChrome]

Variable pay in some companies they pay twice and in some companies it pays once

[@basavaraj2065]

@CareerChrome Can you please tell if its mandatory to include "Gratuity" in CTC ? Can I ask not include in the in the CTC and ask HR to increase other component ? And continue to get the "Gratuity" benefits when I leave after 5 or 4.7 years ?

[@sibaprasadpatro7963]

Hi mam, just want to know, if my salary does not fall under any income tax slab, then should I do it with LTA... And pls. Confirm, above what amount LTA can be applicable

[@CareerChrome]

Every company has there own policy for LTA so do check with your HR and ask for LTA policy then read out carefully for better understanding

[@kavinv178]

Madam, i am taking 10 days leaves for my personal trip with family, can I use given LTA Amt for reimbursement ?

[@CareerChrome]

Yes you can

[@kavinv178]

@@CareerChrome if we are not done any travel and not applied, what happened that LTA amount,

[@CareerChrome]

Tax will get deducted and rest amount will get credited to you

[@sirishphanikumar7503]

What is variable pay????

[@CareerChrome]

Variable is the one which you will get it at the year end based on the percentage hey have given in your offer letter

[@sirishphanikumar7503]

@@CareerChrome ok

[@CareerChrome]

👍

[@rahulsaha21]

Can you please tell me if a employer should deduct gratuity, Employer PF apart from PF from CTC? Is it legal? If my deal with the company is of 10 LPA after all this deduction it came down to 9.4LPA and then TDS extra deduction. I am completely confused. Please help.

[@CareerChrome]

Reach out to me in instagram

[@mihirshah9100]

Is gratuity amount will be deducted from ctc and how much monthly they deduct?

[@CareerChrome]

4.8% of your basic pay will be deducted as gratuity and you will get only if you serve complete 5 years in a single organization

[@mihirshah9100]

@@CareerChrome so if i leave company before 5 years i didn't get anything

[@mihirshah9100]

And is it compulsory to have gratuity in ctc

[@CareerChrome]

No

[@CareerChrome]

Yes usually they will mention

[@parthapaul1249]

Mam In My Prev company, 1 medical insurance was added in my CTC, about 30k per year. I didn't use that..Is there any way to get that money?? If not, can I still avail that benefit while joining new company??

[@CareerChrome]

No

[@CareerChrome]

Not at all

[@shreyashpathak22]

Hello, I need to know about varaible pay. Suppose if you have 1 lakh variable pay, then you get 50k twice a year or 1 lakh twice a year?

[@CareerChrome]

1 lakh twice a year

[@kokatlahoney5387]

Can i get leaves in the 1st month of joining in accenture?

[@CareerChrome]

If fresher then little bit difficult during probation period

[@anjalraghuwanshi2837]

hey I got countdown mail on 5th october and only 2 unlocks are left but I didn't got doj. I mailed them several times and there's no response from their end , what should i do.

[@CareerChrome]

Reach out to your talent coach religiously then only they will respond

[@anjalraghuwanshi2837]

@@CareerChrome how to know who's the talent coach. I am from off campus drive

[@CareerChrome]

Via offer letter

[@kishorejinka4828]

Basic pay is 100% taxable .. can you elaborate, please... In accenture for some levels they can decide their own salary structure or compensation plan , so if basic is more/less how would that affect & also in few companies nott sure in accenture our hike will be on top of basic right.. correct me if i went wrong some where..

[@CareerChrome]

basic pay should be 50% of your total CTC for example if you CTC is 10lakhs then your basic pay should be 5Lakhs then other components are distributed accordingly, and about the hike the percentage increase not only on basic based on other components as well

[@imandidinesh1604]

what is reallocation amount and how to utilise it

[@CareerChrome]

Might be it is relocation that means a employee will relocate to another location so there you will be get paid for the stay and for transport

[@prudhviteja1870]

I am working in dxc as a fresher for 2.6lpa now Accenture is offering 3lpa. Should I leave dxc?

[@CareerChrome]

Reach me out in Instagram

[@OmkarDalvi23]

Hello, Where is variable pay mentioned? I can't find it in my Salary breakup. Also when will I get it as my joining is in month of June 2022. Please do reply

[@CareerChrome]

Already discussed on variable pay in a separate video do check out for more clarifications

[@bapirajumadarapu4050]

The content what your choosing is really awesome tq so much for your support

[@CareerChrome]

👍

[@harshitgupta1034]

So we can claim all these allowances by showing bill at the end of year ?

[@CareerChrome]

Ok I will make video on that soon

[@harshitgupta1034]

Can you explain more about, showing bills so that tax isn't deducted, on which things does this work, can you explain more about this ?

[@CareerChrome]

👍

[@bagavatheeswaranr6932]

Hi, nice information it was. So, variable pay is a performance based bonus. Am i right?

[@CareerChrome]

Yes both you and your company performance

[@abc123zam]

I'm received DOJ but till now action items not received in countdown to accenture page.i have only 2 weeks to join

[@CareerChrome]

That's fine

[@sivasmart2649]

Hello mam , do you know how to change location ??

[@CareerChrome]

Hope you received my response

[@sivasmart2649]

@@CareerChrome thank you

[@CareerChrome]

👍

[@shaikhshahbaj]

Hello Mam, I'm working WFH and in my CTC there is flexi basket section which includes- HRA, LTA, TELEPHONE ALLOWANCE, MEAL COUPON. So my question is 1. How to make rent bill bcoz i'm staying with my parents house. 2. what amounts of receipt will have to submit for LTA, TELEPHONE, MEAL ALLOWANCE.

[@CareerChrome]

Reach out to me in instagram

[@sarathdog]

So the LTA that is mentioned in CTC, will we get that automatically with our monthly pay?

[@CareerChrome]

If it is mentioned in your compensation break on monthly basis then yes on monthly else yearly once

[@atulgupta77]

how much is Gratuity amount calculated on monthly basis as a part of CTC

[@CareerChrome]

Gratuity you will get if you complete 5 years in a single company and it will calculate as per your gratuity amount mentioned in your Compensation

[@atulgupta77]

@@CareerChrome Thanks for prompt reply but I wanna know that if company is deducting Gratuity every month from my Salary as CTC then how much will they deduct

[@CareerChrome]

I don't think they will deduct any gratuity

[@msr524]

CTC m LTA monthly 3333 h , then While updating compensation plan , LTA monthly 3333 (40000yearly) mention Krna sahi rhega

[@CareerChrome]

Reach out to me Instagram

[@easyeducom-preparelikepro140]

Maam I am going to give interview in Accenture as financial analyst i have 4.5 year experience I want to know about the interview processors and also wants some tips.

[@CareerChrome]

Reach me out in Instagram

[@meenareddy4755]

Gratuity is not included in my ctc.

[@CareerChrome]

Depends on the level and the entity so not to worry

[@Nehakumari-dc6wk]

Hi... Will employee get variable pay in march.. While serving notice period..... Suppose lwd is in April/ may and variable pay is out in march.. When employee is serving notice period... So will employee get variable?

[@CareerChrome]

I think only 50% for resigned employees

[@poojaapremanandan9819]

Mam i got a task mail regarding survery-service now and Salesforce what should I select in this. Can u explain me in detail???

[@CareerChrome]

Not sure on this but as per my knowledge service now would have been better option but still this is completely based on your interest

[@poojaapremanandan9819]

@@CareerChrome since I'm a fresher I don't have any idea regarding this mail.... So which would u suggest.... Which will be helpful for me in future... In which I can gain knowledge..

[@CareerChrome]

If you ask me go with service now because Salesforce is altogether a domain expert so better to go with service now

[@poojaapremanandan9819]

@@CareerChrome ohh thank you soo much

[@CareerChrome]

👍

[@shubhamgarg2891]

Is there any position upgrade exam in Accenture after the completion of trainings

[@CareerChrome]

Not sure

[@shubhamgarg2891]

@@CareerChrome Actually I am working with wipro since 6 month and my Accenture joining is in next month.. it is beneficial to me to switch in Accenture?

[@CareerChrome]

Yes ofcourse

[@nandan9078]

Mam I received login credentials on Jan 7th , how long will it takes to get pre placement talk mail , can one surely get pre placement talk mail if he get login credentials? I applied for accenture for the first time , will you please tell me that can I get pre placement talk mail and test link???

[@CareerChrome]

hopefully they will reach out to you for the next process soon

[@sandeepsahu1716]

may i know what will happen after rolling off from a project , how long will it take to get a new project , and is there a bench policy

[@CareerChrome]

Not sure about the duration but yes you have to wait to get project if projects won't be available or if it's not belongs to your stream

[@sandeepsahu1716]

@@CareerChrome thanks.. may i know is there a bench policy, until we get a project we will stay in Accenture..is that right?

[@CareerChrome]

Yes but in some cases suitations like corona pandemic will impact that and you may get fired but in least conditions

[@satyamgupta449]

Hey, please revert to this message. I have an offer letter that shows 16500 as LTA, you said that it's a leave travel allowance. Here I had a question that if I do not travel anywhere than can I claim the 16500 LTA money?

[@CareerChrome]

Yes you can claim but tax Will get deducted based on your tax slab

[@Rushikeshshinde1994]

Did you join Accenture ?

[@CareerChrome]

Not yet

[@shubhamb9394]

There is also 6th day allowance paid for working on Saturday to the people who have to work on Saturday because of project demand.

[@CareerChrome]

Thanks for the update 👍

[@ch9747]

After accepting ol ! When we will receive count down mail from Accenture?

[@CareerChrome]

Hopefully soon

[@bandashirisha2118]

Heyy when do U received offer letter myself received offer letter yesterday at night

[@CareerChrome]

congratulations, I received Long back

[@bandashirisha2118]

@@CareerChrome ma'am I know that U received long back this reply is to Chandra mouli sry ma'am and I would like to know mine doj is on 8 th of Dec that is on Wednesday 8 th is my first day of joining na ma'am on 8 th I will be on onboarding process after how many days I expect to receive laptop

[@CareerChrome]

You would have been received your laptop before joining only,. If you haven't received then soon you will be getting

[@tanmayabehera7887]

Hey, what should i fill in Employee id and Employee initials in the Terms of Employment please suggest ?

[@CareerChrome]

Id is the one which Accenture gave, and initial is your first words of first and last name, for detail on initial I have uploaded video on that so do check it if you want to know on that

[@tanmayabehera7887]

@@CareerChrome which video that you uploaded for the initials could you please mention 😊

[@CareerChrome]

kzbin.info/www/bejne/n3PViaSpZs-teZY

[@tanmayabehera7887]

Thanks a lot.

[@CareerChrome]

👍

[@damodhar-vj6im]

Thanks for your information ☺️ I subscribed your channel 👍

[@CareerChrome]

👍

[@harishnandimalla]

What is the first word after Hello "____" welcome to channel... What is this dash?

[@CareerChrome]

My people

[@harishnandimalla]

@@CareerChrome okay!! It sounds like different. Thank you

[@CareerChrome]

🙂

[@rajasekar6165]

What is Statutory bonus?

[@CareerChrome]

Statutory bonus means any employee whose basic is less than or equal to 10000 can get this

[@harshitgupta1034]

Also, do have any information about the role Advanced ASE they are offering to 2022 passouts with 6.5 lpa package

[@CareerChrome]

No as such

[@venkatprathap8004]

Hai Naziya. How can i know who is my recruiter by Accenture portal.

[@CareerChrome]

You will receive mail from your recruiter for your conversation so by that you can come to know

[@manireddy5892]

I got selected in Accenture My date of birth is different in 10th class certificate and Aadhaar card. Does it create any problem at the time of background verification??

[@CareerChrome]

If am not wrong only year of birth will be mentioned in aadhar card so date mismatch problem won't occur so not to worry

[@dileepnaidu6326]

How to get reallocation allowance

[@CareerChrome]

Do you mean relocation?

[@anuaswinaswin6132]

Once accepted offer letter, when will get welcome mail from Accenture

[@CareerChrome]

Within 2 to 3 working days

[@boinachandrakanth8444]

Nothing like medical allowance is mentioned in my compensation break up Is that mean I am not eligible!!!!!!!

[@CareerChrome]

If it is not mentioned also you will be eligible for medical insurance but that information you will get it once you onboard

[@boinachandrakanth8444]

@@CareerChrome thanks for the response

[@CareerChrome]

👍

[@letsbleedblue5766]

If the compensation breakup doesnt include adhoc allowance, will the employee of any level(in accenture)still get it ?? Coz adhoc allowance varies very much so it cant be shown in fixed salary breakup right ?

[@CareerChrome]

Adhoc allowance is displaying in fixed salary breakup only in accenture compensation which you will get it on monthly basis

[@letsbleedblue5766]

@@CareerChrome meaning if there is no adhoc allowance in fixed compensation offer letter, the employee wont get any adhoc allowance even after working in late night shift ??

[@CareerChrome]

As per Accenture policy adhoc allowance is mentioned so don't worry

[@letsbleedblue5766]

@@CareerChrome thanks for replying miss. Yes, i have researched online, they offer adhoc allowance to everyone, but my compensation breakup doesnt include it,it doesnt say 0, its just blank, thats why i am asking, my career lvl is 13.

[@CareerChrome]

If it is not mentioned then you won't be paid, but still internally some policies will be there for those allowance so once you onboard you will get to know

[@shraddhapanchal3252]

Hello, thanks for replying to my comment.☺️ Is Accenture is providing night shift allowance to the employees who are working for 5:30PM to 3PM shift for level 11 ?

[@CareerChrome]

Not sure on that

[@chanderr952]

No

[@39madhurie]

Yes they give 400 as night shift

[@learnbetter9591]

Yes bro 550

[@yogeshyadav-ew2wi]

Depends on project

[@chetanyadahalli3224]

If a employee doesn't have any injuries to claim insurance then how to reclaim the contributed amount from employer

[@CareerChrome]

Without damage insurance can't be claimed

[@priyankakudchikar5532]

Hello mam....2 months back I got a call from Accenture hr person ask my basic details and told me that they will schedule interview within 3-4 days but I was not able to attend the interview as they told me one hour ago at that time I was travelling..later I got an email that I got rejected and can apply for job after 6 months....now I can't apply for job in the company for 6 months... please help me out

[@CareerChrome]

You can reschedule the interview by contacting them

[@priyankakudchikar5532]

@@CareerChrome how mam please help me..because hr team is not responding..

[@CareerChrome]

Please ping me in my insta tomorrow I'll help you out, my insta I'd you can get it from my videos description

[@bandashirisha2118]

Ur superrrrrrrabbbbb ma'am I have received offer letter yesterday itself and I m in need how to calculate my monthly salary They offer me 2.32 lpa in that 2lpa is fixed how much monthly I will be getting ma'am can U help plz Thanks in advance ❤️🙌

[@CareerChrome]

Approximately around 15k after deducting pf and professional tax

[@bandashirisha2118]

@@CareerChrome but she said that variable of 32 K will be adding equally to every month is that right 32000/12=2666 I mean U r saying 15 k +2666 as variable will be adding to our monthly pay

[@Lastresort9832]

For which post you have been selected?

[@CareerChrome]

As per my knowledge variable pay you won't get it every month this you will get either 6 month once or yearly but if they are saying you will get it every month then why they are mentioned as variable pay that I didn't understand, If they are saying they will pay then make sure it has to be mentioned in your offer letter or in some mail conversation for your reference

[@gayathriramakrishnan3779]

Hi thanks for d clarification,I have one doubt can we claim this LTA travell allowance even if we don't travel for business reason, can we claim the amount even if we travel for personal reasons

[@CareerChrome]

Yes there is a separate video on LTA for detail information do check it out once if required

[@upcomingwonders7502]

Mam recently I got offer letter from kpit, my ctc is 3.6 lpa where they mentioned your basic salary will be=16500 *HRA will be=8220 *you are eligible for monthly bonous=3300 Can u pls tell me What is the inhand salary mam

[@CareerChrome]

Approximately 28k

[@shraddhapanchal3252]

Hello, I have updated compensation plan in Allsec portal on 14th of this month. I have opt for LTA on monthly basis. Will that amount reflect in my upcoming salary?

[@CareerChrome]

Hopefully