How does everyone calculate hike %
Do you compare this year vs last year CTC or base salary
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This year vs last year
Please dont get into calculation, otherwise you will notice that only deduction components have been increased
Increment given this year can be best calculated and understood with both years Form16 or F16. Compare F16 of both years and you will see what amount you actually got. TCS will never say this. I have done the F16 comparison for successive years in past years, and you will realize that the actual increment is in -ve percentage. Question is why this is negative, one reason for sure is the so called increment is added to your variable pay and this pay you don't get fully. So the trick used by TCS is innovative and calls for international award on best financial management.
Interesting. Are there any companies which give +ve % in F16 comparisons
The thing is you won't notice any difference when getting your monthly pay its only minor difference.🤬
Any hike at higher levels goes mostly into variable which they withhold. Basically rob you off your fair share.
Not want to calculate this very large amount of hike 😁
Got to below site ,choose Percentage Difference Calculator . Enter this year va last year
https://www.calculator.net/percent-calculator.html
(Current Package - Last year package)* 100/Last year package
