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How will you justify your Cost to Company?
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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 |
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