How will you justify your Cost to Company?
Answer Posted / neelam adhikari
Its an interesting question,Thanks Vaibhav for sharing it
with us. I think I would answer it something like this:
The main components of ones' package are
Basic salary:which decided upon ones' educational
quaification.hence this part can be justified with what the
industry standards to that degree.
Maintenance allowance and HRA: this is to keep your
lifestyle and living standard upto the mark of the company
sice you are its ambassador.
Conveyance allowance: will take care of your movements so
that you can reach with the best of you for all the
meetings.
Medical allowance is ofcourse to keep the best of the
health so that you dont have to take SL.
PF is to fulfill legal norms.
Insurances,gratuity etc. are to make you feel secure so
that you can concentrate on work rathe than thinking of you
children's future.
Bonus and other incentives are the loyalty charges to keep
you motivated and with the company.
and their are few other allowances which are given to
increase your CTC more than others if you are experienced
hence that goes to the experiuence account.
So with this you can tell how all the components
justifiable andshould be given because you deserve it.
| Is This Answer Correct ? | 21 Yes | 2 No |
Post New Answer View All Answers
The word target holds an important meaning in the career of a person who has opted for a sales and marketing job. What is your opinion?
How will you Present your self among the clients for better relationships?
Differentiate between the role of a marketing manager and a marketing executive?
Dear ones, Currently am doing job in a retail industry as a floor manager.But doing this job cuts you from your social life n' that's y i am somewhat depressed. Also i want to go in marketing related jobs (advertisements,marketing Promotions, etc)in any well known company but no to insurence field as well. what can i do then? Please suggest me, i am so much confused ! Pallav Verma Raipur (C.G.),India
about lic
What do you understand by the term marketing?
Explain one of your marketing innovations that you have done till now?
How much of your current client base consists of repeats and referrals?
What makes you different from any other salesman?
Q. 5 Discuss the nature and types of secondary data sources. Also discuss the data research procedure.
Do you think findings of marketing analysis are trustworthy and investments of at least a few crores should be done on the basis of the findings?
Which type of salary is the best in the sales industry – a fixed one or a salary based on incentives?
In which situations would you use an "intensive growth" strategy?
Develop a marketing plan?
What is the use of ros in advertising?