The Truth About My ₹1 CRORE SALARY Package
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- čas přidán 5. 05. 2024
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Do companies inflate salaries? What strategies do companies use to show higher packages? Are ESOPs a scam? Do you know what components are helpful for you and what not? In this video, we break down all things salary from an employee perspective and an employer perspective. Whether you're a fresh graduate or a seasoned professional, this video will help you to make informed career decisions and take control of your financial future. Don't miss the opportunity to demystify compensation jargon and optimize your income. Watch now and confidently navigate salary discussions to reach your goals!
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Employees should be aware that the Cost to Company (CTC) is not the amount they will take home. It’s important to ask for the gross salary instead, and not be misled by a higher CTC. Companies can include various costs, such as air conditioning bills, within the CTC, which do not reflect your actual earnings.”
100%!!!
I am 35 years old and still dont understand salary packages and breakdowns... Much needed thanks! 🙏
This channel's content is so elite and rich whether its your small skits, scripts, presentation , editing, diverse library .its great and i m a sucker for channels like this
Guys the production quality is on another level ❤🔥🔥
We got a new cam xD WILL SHOW YOU SOON!!!
Is it an Iphone ?? @@aevytv
Yeah like vox
Thank you
I WAS LITERALLY LEARNING ABOUT THIS TOPIC YESTERDAY AND TODAAYYY ONLY YOU GUYSSS!!
Its not miracle its just there algorithm
Your Content is really of International level. The Quality, Editing is top notch.
🔥🔥
Thank you 🥺♥️♥️
The English used in this video is very easy understandable comparing to other videos... I would like this quality more. Awesome job❤
We will keep this in mind Sayan :)
@@aevytv yeah you're only english creators where I don't need to turn on captions to understand the context
ok u guys are killing it now. Video team is in full form.
Thank you 🥺
My CTC = base pay, I work for a service based remote US company. I didn't go to Amazon for the same reason as shared in video
INTRESTING
I am sure amazon still pays more. My friend working for amazon pays 21lakh tax at 2yoe freh out of college. Actual salary = fixed + stocks/yr= 55-60lpa for 2yoe people. This video is biased.
what platform did you use to hunt such job?
@@dibyanshumishra3536 I can assure you that either he is not telling you the truth or he has other sources of incomes he is paying tax for, ask for his 21AS form if he is open about sharing that info.
if you can share details it will be really helpful for others
Well it's hurt when she said "you have never experienced it"
Thanks a lot Achina for a detailed outline and keypoints to discuss !! Aevy, you guys are killin' it ! Loving to be a part since initial 40k days !!
As a Chartered Accountant I'm glad to see how u describe the Tax exemption components also..... Good work.... Keep it up.. ❤❤
It should be illegal
It's business
Yea
You know if every valuable employees start to demand this, companies will change this. But one thing you cant change is taxes
That's how the game is played my friend
Income tax kitna hga phir 1 cr ka annual income show karoge to ....
Thank you so much for this knowledge. As a part of young workforce, we really need to understand all these jargons HRs play around with !
I saw the video in my recommendation uploaded 1 minute ago, 27 views, but after I clicked, it shows 210 views
Happens, every moment PPL are clicking and yt can't update it instantly.
bro discovered dynamic content
Jadoo
Have been watching most of your vids in your channel. Visuals and details are on another level. Kudos🎉
there was a dark messege conveyed with ease at the end🗿🗿
PapaOcus played the secretary quite well 😂, excellent video.
U r litreally providing so much nice info....to general public....coz all of this is what i am learning right now in CA course...which i wouldn't have known if i didnt pursued ca....so u r giving us the info....which litreally a course is teaching us....❤
Indian parents are smart, that's why they are obsessed with Govt. Job😅
If you exist with this mentality, then you'll soon be non-existential
That’s outright dumb
Only 1% will get govt jobs what about the rest?
Don't bash him for his opinions, Guys.
In corporate world we need to invest good amount for good package even learning certain skills...
But in preparation of govt. jobs it's less if compared. I hope everyone understands that
To Tu konsa existence me rehke Jhanda gaad raha hai? @@aaronshobby5296
Damn!!! Production keeps on improving with every new video 🤯
Thanks for breaking this down in such a simple and sarcastic way.
Great work team.
It's great how easily Tax is explained
#AevyIsAVibe
Thank you so much for such detailed and well structured video.
It was badly needed 🙏🏻
Aevy Team Rocks🗿
Wow , Just complete information I am searching for. You guys never fails to impress ❤
Great video providing insights into what a CTC includes. I am looking for a change and this comes super handy. Thank you achina and aevy team for this video
Well I went to my college and saw them printing out the CTC posters of 20 LPA +. For a mid toer college, this was quote the achievement, specially considering 2 years back the hoghest oackage anyone could get was at 13 LPA. Then we spoke to the people who actually landed these packages.
One org had already added their medical inaurance cover as oart of the CTC, alongwith a bunch of items which took away from the salary.
the video that i literally needed thankyou aevy team for that
CTC🗿
in hand 🤡
RIGHT?😂😂
Great Video!
Kindly make a video on the CTC in Dubai. A lot of job applicants are clueless and the recruiters misuse this knowledge gap to their advantage. I know it will be challenging and a lot of research needed. I'm sure you guys are up to the challenge and more. Thank you.
Changing the thumbnail actually works. I saw this video 3 times with different thumbnails and i clicked on it atlast.
This video is one of the reasons that I love youtube🔥
Thanks for making this video.
I didn't knew most of these terms
Most underrated channel great content.
DO NOT go for car lease unless you are sure to complete your full tenure with the company during the lease period. If you are fired then you would have to pay up the balance of the lease period.
Excellent video as usual. One correction that 9/10 startups fail.
My bad that’s what I meant to say!!!
I think this is something most of us need to be aware of . Thankyou very much for breaking it down
Damn we have similar pfps
The amount of effert yall put in the video ❤ marvelous
Much informative video.. Thank you!
Outro was really cool guys. Your outros are becoming like a movie climax 🔥
the new thumbnail so so good!
i bet i’ll be happy for watching this before college
Loved the video, very helpful information!
top notch detailed. thanks for educating
I just finished 12th, this vid made me a lot more informed about salaries. Thanks
Loving your content, nd your energy is killing.
Could you make a video on how you are analyzing the facts nd your research strategies before making a video?
ur skits are just too good
So glad you liked them!!!
Thanks a lot,I'm just going to go to collage, this is super super helpful
Very informative. Keep up the great work team. ❤
And the skits were too good 😂
@aevytv great informative and entertaining video. Thank you
The skits in the beginning of the videos just keep getting better and better 😭😭
Highhh quality video with superbbb content
Seriously love the way how the presentor with deep inside smile narrated sabka kaat thaaa hai popat of CTC
CTC = CUT THE COST
Loved the AI generated Robot at the end! Talk about "Leverage"
superb topic and superb explanation
The Income slabs mentioned in the video around 9:00 are under the new tax scheme u/s 115BAC, which to my knowledge disallows the deduction of many allowance including HRA. The aforesaid can be claimed under the old tax regime which must be opted in by the assessee which has different income slabs ofcourse.
This is the entire reason I always ask or tell post-tax yearly salary or income-tax paid rather than CTC. RSUs of listed companies with decent cliff, vesting schedules and clawback are the only time they should be counted honestly. RSUs vested (except clawback shares) stay with you once you leave the company. ESOPs don't even do that.
ca students enter the chat btw you just gave us a revision for one of the important chapter in income tax i was wondering if class was also like this it will be so interesting to study still great work 😀😀
No wonder "Compensation & Benefits" is my favorite area of all the HR functions. I'm more curious to know how the dynamics in pay componenets change every decade.
It feels awkward to ask but I ask people their salary to understand how the industries work. I'm basically an MBA and much interested to know where the actual catch is. I keep updating myself about the roles, industry and packages.
few corrections - Special allowance is taxable, you dont pay flat 30% on 15 lacs, you pay tax slab by slab
As an HR, I feel exposed! 😅
at the end it was crazy keep doing this
The skit was hollywood level!! 🔥🔥
Great insight into corporate pay structure
The heaven content produced by these guys really need a huge raise😂
Understanding the difference between CTC and take-home pay is crucial for job seekers navigating salary negotiations. It ensures they can assess offers accurately and negotiate fair compensation based on their skills and experience. 💡
I especially like the corporate look how these guys exploit freshers but some companies might have more basic pay than rest
I work in Mahindra, what they offer you is exactly what comes in your hand!
That's why now I have started to negotiate using the term in hand salary.
I ask them to figure out the CTC. But I mention my in hand before itself.
Good content, small correction debt holders have prime liquidation claims over any one i.e. investors (preferred or common stock).
I just turned 18 this year, heading into college and your content and delivery is literally on the next level! Straight 11/10 🔥🔥❤️
Same
thanks mate for the info
Thanks for the quality video
Very informative video. Thanks for making it. 👍
Glad it was helpful!♥️
Solid stuff, thanks
You'll have to retire the old saying "If X company offers you a high CTC..." since there's actually a company named X now! 😂
Jokes apart, the video was informative! 👍
@aevytv
That's why the offer we give in Dubai is Salary in your account per month. Then the perks are accommodated
Lovely Achina...!! 🙌🏼🙌🏼🙌🏼🙌🏼🤓🤓
when you said " if X company offers you a high CTC in college...", I really thought of the X company, formerly Twitter.
Loved this video, great breakdown. For those new to this, just stick around trying to understand the concepts and it will be clear sooner than later.
I am navigating this exact topic for a while now and things are getting clearer every year, been employed for 7 years. It takes time.
No wonder people will see CZcams for information and news , the quality and info is just 🔥🔥🔥🔥🔥🙏🏻.
All of the exemptions in Fixed pay work only if you select old tax regime.
Quality content 🔥
Plight of a software engineer starts at 22:30 ... Highly exaggerated but hilariously true to say the least .. 😁. Gr8 job guys in capturing the essence of "Actual CTC".
the video that made me subscribe :) onto watching other videos on the channel
i just realized i havent subscribed since one year to you guys hahaha
Amazing content ❤
end of the video was awesome, much better and well thought. Corporate slaves can really relate to it
You're speaking about the Old tax regime Achina
Great video ❤❤
This was gold you guys
thanks for sharing this....
I can understand this but the most irritating is some random uncle/aunty talks about 1Cr package to me because a news channel said about it.
If the skits keep getting any better we might be submitting these to short film festival. Kudos to the team for their A+ acting 😂
Last few seconds was epic and superb... 😂😂😂
public companies have real stock values. Senior engineers often earn more on stocks than fixed salaries.
Niggesh at 4:15 is what many bosses want their subordinates to be like...(their pet)
Well, this video helped me to revise the salary topic in taxation for CA Intermediate exams😅
Gold mine video for new joinees & fresher !!