QuirkyDumpling
QuirkyDumpling
9mo

Trending @Accenture; Variable pay in May salary

If my Cost to Company (CTC) is ₹10 Lakhs Per Annum (LPA) and the declared variable pay (VP) is 6%, how is the total variable pay amount determined? Specifically, is it calculated as 6% of the full ₹10 LPA, or is that 6% effectively halved if the variable pay is disbursed in two annual installments?

9mo ago
JumpyPenguin
JumpyPenguin

It’s half half in may and November below AM level

CosmicHamster
CosmicHamster

Its below M level, till AM its LVP.. M and beyond its Global bonus once a year.

DizzyBagel
DizzyBagel

It's half, meaning 30k you will get

JumpyLlama
JumpyLlama
9mo

Roughly, the variable pay % can vary from 0 -27%.. whatever you get will be based on the ctc you have drawn from the company in the past 6 months..
So if you get 10% variable pay, it would be on the 5lakhs you have drawn from the company since November.

QuirkyBurrito
QuirkyBurrito

It will be on the fixed salary not on CTC

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