3 reasons why your paycheck shrinks after salary hike and how to stop it
Updated: 24 Sep 2022, 01:00 PM IST
TL;DR.A common philosophy amongst majority salaried people is that they simply divide the CTC by 12 and expect that figure to reflect in their bank account at the end of the month. However, it is not that straight forward. Let us explain a few reasons for why your paycheck may shrink even after you may receive a salary hike.
Know why did my pay check shrink after my raise & how to stop it