Re: Is the proprietary camp winning ?

On 12/10/06, Suresh Ramasubramanian <linux@...> wrote:
> Binand Sethumadhavan wrote:
> > I was talking of pay - money, divided by 12, minus TDS and others,
> > that ends up in your bank account. The package you are talking about -
> > CTC in HR parlance - is calculated much differently. The salary is
> > just a component of the CTC.
>
> Still pretty decent!  On an average gross sal is around 50-60% of CTC

Probably includes ESOPs, perf-linked bonus etc. too. 9l for a fresher
is unbelievable anywhere in India (unless your are from an IIM). :) In
tech, for non-IIT types, I think the norm would be more like 3.6-6
range depending on the company/location.

Binand
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