Compare an 8 LPA Offer with a 10 LPA Offer That Has 3 Lakh Variable
The short answer
The 8 LPA fixed offer leaves about ₹59,184 a month. The 10 LPA offer with 3 lakh variable leaves ₹50,530 to ₹75,530. If the variable is not paid, the 10 LPA offer pays ₹8,654 less than the 8 LPA one each month.
Settings used for both offers
Offer A
₹59,184 in hand a month
CTC a year
₹8,00,000
Fixed pay only
₹59,184
In hand a year
₹7,10,208
Income tax a year
₹0
Offer B · leaves more
₹75,530 in hand a month
CTC a year
₹10,00,000
Fixed pay only
₹50,530
In hand a year
₹9,06,360
Income tax a year
₹0
Money is not everything: growth, learning, location and the team matter too. These figures are estimates under the new tax regime (see the CTC to In-Hand Salary tool for the rules), and your offer letter has the real split.
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How to: Compare an 8 LPA Offer with a 10 LPA Offer That Has 3 Lakh Variable
- 1Type 8 as offer A's CTC and 10 as offer B's.
- 2Type 3 as offer B's variable pay in lakh.
- 3Add rent for each city if the offers differ in place.
- 4Compare the monthly figures with and without the variable pay.
At a glance
- Offer A
- 8 LPA fixed: ₹59,184 a month
- Offer B
- 10 LPA with 3 lakh variable: ₹50,530 to ₹75,530 a month
- If variable is not paid
- ₹8,654 a month less than offer A
Frequently asked questions
Is a high variable share a warning sign?
Not always, but a variable pay of 30 percent of CTC or more means a big part of your pay depends on targets. Ask how those targets are set and how many people meet them.
Is the variable pay taxed differently?
No, it is taxed as salary in the year you receive it. A large payment can raise your tax in that year, which the tool takes into account.
More quick answers
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- 6 LPA in Hand: Monthly Salary After Tax and PF
- 7 LPA in Hand: Monthly Salary After Tax and PF
- 8 LPA in Hand: Monthly Salary After Tax and PF