
QuirkyDumpling
9moTrending @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

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
9mo
It will be on the fixed salary not on CTC
Discover more
Curated from across


