How important is a "Basic" of a monthly/yearly salary component.
I have received an offer which seems to be very attractive in terms of the total package, but there seems to be a 30% reduction in the component of fixed Basic salary from my previous earnings. I would like to know the long term impact of this component in particular.
It is believed that the "Basic" component is what summarizes the Bonus (i.e X% of Basic = Bonus). So would a 30% reduction like in my present case, allow me to see a subsequent decrease in the amount of the Bonus as well.
Please enlighten on these components. Would it be worth negotiating the offer purely for sake of increasing this chunk of the salary?