Question

CTC | Salary | Axis Mutual Fund | Manager, DevOps Engineer | 2023

Answer 1

Total Years of Experience: 5 yrs (off-campus recruitment)

Offer 1
Date of the Offer: Jan 2023
Company: Axis Mutual Fund
Title/Level: Manager, DevOps Engineer
Location: Mumbai
Base: 5 LPA
HRA: 2 LPA
Position Allowance: 5 LPA
Salary: 19 LPA (INR)
Relocation/Signing Bonus: No signing bonus, relocation bonus not applicable
Stock bonus: None
Bonus: Will be as per performance
Total comp (Salary + Bonus + Stock): 19 LPA

Conuter Offer from SADA
Title: Support (Rotational Shift)
Location: Remote
Salary (CTC): 15 LPA (INR)

My question is
Which offer is better? I'm more inclined towards Axis Mutual Fund as SADA Title is Support that too Rotational Shift but i'm not sure about Axis Mutual Fund Company enviornment.

Can I get Development Role as SADA as I'm looking for Remote Job and is there scope of negotiation?
Need to know AXIS Mutual Fund:

How is Work, culture, WLB, growth and development, flexibility etc.?
Also, What is Position Allowance any idea? I was told it's a way to save Tax by investing in company benefits like Meal voucher and Company scheme/plan investement.
Also Wanted to ask if I don't opt for any plan/scheme for tax benefit will I be eligible to claim complete amount without any clauses? Or there are some plan which employee has to opt for mandetory?