Question Me & Rate...!
PF Contribution of employer-------
If it's CTC you are offering to the candidate i.e saying xxxlacs/annum including all amoluments...then PF Contribution of employer is a part of CTC.
At the same you have to be sure what is stated in offer letter given to the employee.
14th October 2009 From India, Nizamabad
14th October 2009 From India, Gurgaon
Giving breakup to you like this is not possible because it is differ from company to company and based on company policy. Company policy regarding more monthly take home, Saving maximum employee tax, annual benefits are such content that create difference in CTC company to company.
14th October 2009 From India, Faridabad
if it is CTC break up varies from company to company.
These days few companies are including VPP(Variable performance Pay) like Incentives are including in the CTC. If we are including the VPP then what about the Employer PF. Do wee need to show it to the employees in the CTC.
15th October 2009 From India, Bangalore