CTC query


ashish

Well-Known Member
Adept
Apr 9, 2005
232
21
83
Hom3
I have this query for some time now.
As per my experience my ctc is up to the mark.
But I feel the Basic salary component is somewhat too low given the overall ctc package.

Can it also happen, that a person having a lower package gets higher basic while lower basic for the person with high ctc pay?

Do HRs manipulate with the basic salary component?

Any HRs here who can clear the air?
 

puns

Well-Known Member
Super Mod
Mar 24, 2005
1,540
584
203
Mumbai
what % of ctc is your basic ?

Yes, salary structures can be changed around to have lower in hand components. This is done to save white cash in bank and also lower taxes.
Different people doing same thing can have different basics so yes they may end up with more guaranteed money from salary.
 

letmein

Well-Known Member
Adept
Oct 11, 2009
884
1,374
282
Delhi
Companies prefer lower basic pay since PF, Leave Encashment and Gratuity is calculated on basic. So it's in their interest to lower it to the extent possible.

IMO final take home is what matters.