by WigglyPenguinSenior Software Engineer
In-hand salary calculation
I see so many posts from freshers asking for in-hand salary calculation.
You don't need to ask anyone, just use this tool:
PeppyBiscuit
Salary calculation and negotiation
Hey folks!
Been seeing a lot of posts about salary negotiations and calculations, so I thought I'd share something that helped me out.
I made this salary breakdown & negotiation planner during one of my HR rounds—figured it might come in handy for you too! Feel free to copy & customize it:
P.S. Just update your fixed pay, change the % and values on components and living expenses tab, and the rest is all formula driven.
Hope this helps!
4mo ago
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ZoomyNarwhal
NASDAQ4mo
Some issues here. Current income in F13 is inclusive of taxes? Because expected income in f18 is post taxes.
PeppyBiscuit
Barclays4mo
Yes current income both in F13 and F14 is post taxes. Some companies have a monthly variable component (for eg: performance based, % share of no. of successful sales etc), so the one in F13 is just your (monthly) fixed+variable.
SwirlyMarshmallow
Salesforce4mo
You have missed 10% surcharge on income tax if the taxable income is above 50,00,000
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Curated from across
by QuirkyPretzelSoftware Test - QA
CTC to In-Hand CheatSheet
Seems a valid calculation to me.
You can refer to it probably next time when you are discussing pay or pay raise.
The og author has calculated like this: 'This is almost the best-case scenario without the variable component.
12% PF de...
Top comments
Can you provide the same for 15cr, just wanted to check if I am negotiating right. Provided an offer of 14cr, need to...
1 cr pe 5 - 6 lakh hi aenge bss....
First Milestone - Hope many more to go
Posting here not for bragging but to just let people like me know who look at extraordinary salaries and feel sad - it is possible just believe in yourself. I never thought I’d reach even this.
4.5 years of workex in a non-tech role, ...
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Very nice. It is great to see people post their investing stories. Tip: I feel a Google Sheets doc looks a little l...
I got below tips for salary negotiations, what else to consider?
When negotiating salary in Big 4 firms (Deloitte, EY, KPMG, PwC), research the market rate for your role and industry. Know your worth and be confident. Start with a slightly higher target salary than your desired amount, as this gives r...