Why compare take-home pay instead of just CTC?
A higher CTC doesn't always mean more money in your account. Differences in basic salary percentage, PF contributions, and professional tax slabs across companies mean two offers with the same CTC can have noticeably different take-home pay. This tool runs both offers through the same in-hand salary estimate so you're comparing like for like.
What about joining bonus and notice-period buyout?
A joining bonus is a one-time payment your new employer may offer, and a notice-period buyout is what you might have to pay your current employer to leave early. Both are one-off, first-year-only amounts — factoring them in gives a more realistic picture of what each offer actually nets you in year one, on top of the ongoing monthly difference.
What isn't factored in here?
This doesn't account for differences in variable pay or bonus structure, ESOPs/RSUs, non-cash benefits (health insurance, meal cards, etc.), relocation costs, or long-term career growth — all of which matter for a real decision. Treat this as a starting point for comparing the cash components, not the whole picture.