Dear Hema
With due respects to Mr.Antony's answer, you can also add
* ESOP
* Overheads/Loans taken by the employer on the employee transfer
* Insurance (Group)
Mr.Antony, can you please suggest me if we can add cost of training be added to CTC?
Regards
Srikrish
Quote:
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Originally Posted by prakashantony2002 Quote: |
Originally Posted by HEMA How do you calculate cost to the company?What are the components we need to include when calculating CTC? | Hi HEMA,
To the best of my knowledge the components to include in the CTC are as follows...
1. Basic
2.D.A
3.HRA
4.E.A( Educational Allowance)
5.T.A
6.L.T.A
7.Leave Encashment.
8.Bonus.
9.PF subscription of the employer share.
10.cost of any housing or other accomodations provided by the employer.
11.Cost for Vehicle provided or vehicle allowance.
12.Any other aminities or services provided by the employer.
regards.
K.Antony Prakash.
HR- Manager. |