MagicalWalrus
How much in-hand salary should I expect?
Hello all, I have got a SDE-1 offer from one of the biggest fintech companies in India. What in-hand salary should I expect monthly?
The CTC breakup:-
- Fixed - 14,40,000
- Variable- 3,00,000
- Retention- 60,000
28mo ago
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GoofyDonut
Stealth28mo
This will depend on if they’re paying variable and retention monthly or at the end of the year. For getting an estimate put the fixed with any tax deductions in a tax calculator — expect around 1.05 to 1.25
MagicalWalrus
Variable and retention will be paid at the end of 1 year
DancingNoodle
For fixed salary of 14,40,000 you can expect around 95k
MagicalWalrus
Okay
BubblyBanana
Stealth28mo
Multiply by 0.75 to get a ballpark figure assuming you’ve maxed out all tax saving instruments.
MagicalWalrus
Okay thanks
SqueakyQuokka
Globallogic28mo
Yoe? If fresher offer is good
SwirlyTaco
Salesforce28mo
Around 1 lakh 10 thousand
DizzyWaffle
Stealth28mo
Ask the HR of the fintech to share this ‘your monthly expected’ calculations with you.
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