I have 2 job offers, one has hike in basic with current and CTC is Low compared to the other offer where this has decrease in basic sal.
Eg current basic 20000 and CTC 6pa
Offer 1 basic 25000 and CTC 7.5pa.
Offer 2 basic 18000 and CTC 8pa.
Which one should i choose, kindly suggest.
Decrease in basic of salary will be an issue in career.
From India, Hyderabad
Eg current basic 20000 and CTC 6pa
Offer 1 basic 25000 and CTC 7.5pa.
Offer 2 basic 18000 and CTC 8pa.
Which one should i choose, kindly suggest.
Decrease in basic of salary will be an issue in career.
From India, Hyderabad
Increased Basic is advantageous for PF savings and retiral benefits. But the effect is not significant as in Pvt sectors people tend to switch over new jobs over a period of time. Better accept the offer with higher CTC and also check the employer standards.
pon
From India, Lucknow
604pon
From India, Lucknow
Thank you for ur reply PON, yeah i agree, people tend to switch over new jobs over in pvt sectors, but me question is, will low basic with gud CTC effect in having hikes?
From India, Hyderabad
From India, Hyderabad
I have lived in the UK for a long time and, as I was not conversant with the term CTC, I searched the web and found details at What is CTC ? What is the difference between CTC & Net Salary?
Given the examples by you, I wonder why there is doubt!! The difference between the two offers is so large, that I will have no hesitation to accept the higher offer, all other working conditions being equal. Why does one have to take a reduction in the basic pay when switching a job??
From United Kingdom
Given the examples by you, I wonder why there is doubt!! The difference between the two offers is so large, that I will have no hesitation to accept the higher offer, all other working conditions being equal. Why does one have to take a reduction in the basic pay when switching a job??
From United Kingdom
Dear, The basic is important for EOS benefits. Since you are into the private sector, better go for higher package. Read all employment terms carefully and accept the offer accordingly. Regards,
From United Arab Emirates, Dubai
From United Arab Emirates, Dubai
Dear,
In private sector the concept of CTC prevails. While jumping from one organisation to another in the private sector what is compared is not the basic pay but the current CTC and the % of raise demanded/ sanctioned over it. Accordingly, please do not hesitate in taking a decision which suits you.
S.K.Johri
From India, Delhi
In private sector the concept of CTC prevails. While jumping from one organisation to another in the private sector what is compared is not the basic pay but the current CTC and the % of raise demanded/ sanctioned over it. Accordingly, please do not hesitate in taking a decision which suits you.
S.K.Johri
From India, Delhi
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