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What is the default variable pay in Accenture?

What is the default variable pay in Accenture?

Yes, Accenture has variable pay for employees. Variable pay percentage is 15.65 \% of Fixed package. It means that if your fixed package is 10 LPA then your variable pay will be 156500 rs for one year.

Is Societe Generale a good company?

Reputable multinational financial institution with excellent working environment, good prospectus and benefit. Global Professional financial institution. Portfolio management and sales approach needs to be changed, including undewriting process. Senior management could be more open to new ideas.

What kind of company is Societe Generale?

European financial services groups
Founded by a group of entrepreneurs in 1864 “to promote the development of trade and industry in France”, Societe Generale is today one of the leading European financial services groups.

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Is Societe Generale government owned?

In December 1945, France’s four largest deposit banks, including Société Générale, were nationalized. Société Générale’s stockholders were duly bought out by the government, and the company became a state-controlled bank.

What are the disadvantages of variable pay?

Advantages and Disadvantages of Variable Pay

Advantages Disadvantages
Variable pay allows organizations to tie compensation to revenue and financial performance. Variable Pay isn’t factored into an employee’s annual compensation, although the amount may be based on the employee’s salary.

What are the 3 core businesses of Societe Generale?

Societe Generale Group The Group is built on three complementary core businesses: French Retail Banking, which encompasses the Societe Generale, Crédit du Nord and Boursorama brands.

Why do you want to work for Societe Generale?

Everyone has the opportunity to work in different business areas and to discover different entities across the Bank. Our staff have access to tools that match their skills or goals with positions open within the Group.. A wide range of training modules including MOOCs, virtual classes, social learning, etc.

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How does Accenture calculate variable bonus?

Local Variable Bonus (LVB) At your career level, the annual target variable payout is estimated as INR 24,677. The LVB will be paid out subject to you being on the rolls of company on the date of disbursement of these payouts and will be prorated based on your tenure in the Company during the year.

Does Accenture give 100\% variable pay to employees?

Variable pay also depends upon performance but Accenture is known for giving 100\% variable pay to their employees without any deductions. After this most of the people become the prey of HR and join Accenture, but the truth is something different. Read point 2. 2. This is true that you will get joining bonus in the first month salary.

What is the eligibility criteria for ASE and SE in Accenture?

Based on your overall performance students will be selected for ASE and SE role: 4. PAN Card is very important. All the student should have pan card at the time of registering for Accenture. 5: The accenture eligibility criteria is that you should have 65\% or 6.5 cgpa in your graduation with no active backlogs.

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What is the eligibility criteria for a PAN card in Accenture?

All the student should have pan card at the time of registering for Accenture. The accenture eligibility criteria is that you should have 65\% or 6.5 cgpa in your graduation with no active backlogs. Accenture plc is a multinational professional services company that provides services in strategy, consulting, digital, technology and operations.

Is there a joining bonus in the first month salary at Accenture?

This is true that you will get joining bonus in the first month salary. But the variable pay will be give only 8\% (not 18\%) for 1 year. This is based on the default rating as per Accenture.