Dear Forum Members,
We are in the process of restructuring our salary structures. Presently we have HRA component as 40% of the basic. Request you to kindly let us know, if HRA component can be fixed upto 60% of the Basic. This would help us in restructuring our salary structures.
You have asked a very open ended question. I don't think any outsider can help you calculate CTC of your employees. CTC is basically the total cost you incur on each employee and includes provident fund, esi contribution, allowances, incentives, etc. Some companies even include training cost in CTC.
So unless you provide details of what all you are spending on your employees, it is not possible to help you calculate the CTC.
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