Quote:
Originally Posted by Unregistered
Pray tell how you got annual package when your bonuses are variable according to the market? Did you simply multiply your monthly by 16 or 17? I’d hate to break it to you but count yourself lucky if you get more than 13 this month.
Also we’re talking about basic salaries which shouldnt include the bonus.
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You see, you can't just cherry pick data to compare. If you say now is covid, then likewise in private sector you will also be seeing 0 bonus, salary cuts, or even job losses.
13 month bonus in CS is better than zero bonus, getting laid off in the private sector or even cutting pay.
Regardless, keeping the assumptions constant (i.e. pre-covid), comparing annual package gives a better comparison because it counts both variable and non variable compensation. If you want to assume covid situation, then apply the same cuts and discounts accordingly.
Simply looking at basic monthly is a very myopic view.