Hi, Please explain me the actual meaning of CTC. Is the employer’s share of contribution to PF included in the total CTC of an employee?
From India, Calcutta
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1From India, Calcutta
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Hi Aditi Yes. Now a days the trend has changed. PF contribution of both EE & ER are part of CTC. In CTC there are even other coponents like graduity, Bonus, LTA & even ESI if applicable :)
From India, Bangalore
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From India, Bangalore
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Dear Aditi, as per my knowledge CTC is cost to the company, whatever cost company is spending on you. and remaining as per above explaination. virashree
From India, Mumbai
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From India, Mumbai
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CTC stands for Cost to Company. It is the amount of cost the company is spending on you - this includes your Basic Pay, HRA, DA, Conveyance Allowance, Bonus/Incentive Amount, etc. If this is in respect of salary break-up, the employer's contribution is not included in the employee's salary/CTC.
From India
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From India
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INCLUDE WASH CTC OF EMPLOYEE.xls
Employee Appraisal Form new.doc