Salary discussions and evaluating fresher offers
40 min · Intermediate
CTC (cost to company) is the total yearly amount a company spends on you, not the money that reaches your bank account. Understanding the gap between CTC and in-hand pay (take-home salary after deductions) is essential before you compare offers or say yes.
Topics in this lesson
- Reading CTC: fixed pay, variable pay, joining bonus, benefits
- Worked example: approximate monthly in-hand pay
- When freshers can and cannot negotiate
- Comparing two offers beyond salary
- Offer etiquette and college placement policies
Interview questions this lesson answers
- What are your salary expectations?
- Are you aware of the CTC and its breakdown?
- What is the difference between CTC and in-hand salary?
- Why do you want this job if another company pays more?
- Would you join if the package were lower than you expected?
- Do you have any other offers?
- What do you know about PF and how it works?
- Can you join earlier than the stated date?
- What matters more to you in a first job, salary or learning?
- How would you react if your variable pay was lower than expected?
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