How To Show Variable PAY IN CTC

One issue - Is variable pay a component beyond the CTC or is it part of the CTC? How is it termed at the time of recruitment? If fixed pay, inclusive of Basic, DA, Tpt, HRA, etc., amounting to CTC and performance-based variable pay over and above the aforesaid C...

Hi,Good morning!With your explanation and examples, I understood what fixed pay and variable pay are all about. Thank you all for the responses.Regards,Kiran

Hi Kiran,Fixed pays are Basic, DA, HRA, Conveyance allowance, special allowance, adhoc allowance, medical reimbursement, LTA, etc. (some of these can be annual payments also).Variable pays are DA (if linked to CPI points), incentives, OT, shift allowances, trave...

Hi Kiran,Fixed pay is the salary that you receive on a monthly basis, whereas variable pay is like incentives (fixed) that will be paid to you depending on your performance or any other criteria. These incentives are usually paid out half-yearly or yearly.

@Kirangattineni:> Can somebody please explain what fixed pay and variable pay is? It would be great if examples are provided.> Thanks,> KiranHi Kiran,I am Ramesh. According to my knowledge, a Fixed Salary is set by the employer at a specific amount, such as 10,0...

Can somebody please explain what fixed pay and variable pay is. It would be great if examples are provided.Thanks,Kiran

Hi dear,I have one doubt. Are bonuses and yearly increments considered part of fixed pay or variable pay?

Hi,Please tell me how to calculate variable pay in order to fix CTC.Thanks,Richa

Hi All,Can anybody help me with the below doubt, please:A company has sent an offer to a person with a CTC of "INR.4X," and the annexure for salary breakup shows the same sum of "INR.4X."Here, in the salary breakup, a part of "INR.4X" is mentioned as Variable pa...