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CAR.01.03 JuniorCore — asked often

Compensation basics

Comes up in: Behavioural

This concept is being written. It gets the full five steps — explanation, predict, interview angle, practice with tests, and review cards. Here is exactly what it will cover, so you can study it elsewhere in the meantime.

What it covers

  • base, bonus, equity (ESOPs vs RSUs, vesting, cliffs), joining bonus
  • CTC in India and what is actually in-hand
  • reading equity offers from startups
  • sources for salary data (named and dated)
  • never trust single anecdotes

Words you will know

CTCESOPRSUvestingcliff

What you will practise

  • compare two offers in a calculator