Important thing to remember in college placement

1) Don’t just think about Package

Obviously we are gonna think about package whenever we are going to apply for job in placements. Mostly people will select the company which will give them the most right? Yes correct. That’s what most of the people do because at that time they don’t know what else to consider.

2) Know what will be your in-hand salary

Most probably whenever people are applying for job from college placements or for the first time, most of them don’t know that the package that they are given is not the salary they will get in hand.

3) Know What Work you will do

As I said earlier, due to high package and also sometimes due to really popular companies, most people accept the offer and don’t care to find enough about what work they will do in that company like What technologies they will work with, what will be their everyday tasks, what domain is company working in etc.

  • In Simple language, It is the amount a company spends on an employee.
  • It involves elements like House Rent Allowance (HRA), Provident Fund (PF), and Medical Insurance, and other allowances which are added to the basic salary.
  • Basically, all these elements when combined, form the entire Cost to Company CTC. Sometimes stocks is also include in CTC.
  • In simpler terms, CTC is nothing but a company’s spending on hiring and maintaining the services of an employee.
  • It is also called Net Salary or Take-Home Salary.
  • It is the salary which you actually get into your bank account every month, once tax and other such deductions are carried over with.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
KuldipMochi

KuldipMochi

Software Engineer who loves to share ideas write poems