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MOONSKY
1

Please provide information about how to calculate the CTC. regards Satish Kumar Yadav
From India, Pune
richrachna
6

Hi Satish,
Plz find below the Breakup Part in one's CTC:-
Basic= 40% of CTC(varry from 30% to 40% from company to company)
HRA= 50% of Basic (for Metros) and 40% of Basic(for rest part)
Convayance Allow
Medical Allow
Special Allow
Other Allow
Summing all above gives Gross Salary
Further If Company gives their contribution as PF ,Gratuity , Superannuation then adding these to gross becomes CTC ie. Cost to Company.
Hope you got your question answered!!!!
Regards
Rachna Sinha

From India, Hyderabad
Monarchl
2

Hi Satish,

CTC is actually the total Cost to Company and varies depending on individual company's philosohy regarding compensation positioning.

Some companies do calculate the benefits given to staff also under the term of CTC while certain companies keep those separate. It depends on company how they want to articulate it, but primarily CTC comprises of -

Annual Base Salary - In Indian context, , the term "Base salary" is generally construed as "Basic" salary, while in European context, there is only the Base salary and no other "cash allowances". You might like to keep this in mind while designing the structure

Cash Allowances (Both monthly +Annual) - Includes components like HRA,Conveyance,LTA,Spl Allowance,CCA etc. There are NO mandated heads which need to be necessary part of this.

Annual Guaranteed Cash - Is a summation of Annual Base salary + Cash Allowances as mentioned above

Annual Total Cash - Is the addition of Annual Guaranteed Cash + Variable Pay/Sales Incentive/Profit Sharings

Annual Total Remuneration - Annual Total Cash + Non cash benefits like Loans/Car/Petrol/maintenance/Driver/Club Membership/Housing/Insurance premium etc

CTC would be the sum of Annual Total Remuneration given above + retirals like Gratuity/PF/Superannuation costs added to the same

From India, Bangalore
M.Peer Mohamed Sardhar
733

Dear Friend,
Kindly click on the following link, it will give you some required information,
https://www.citehr.com/search_new.php?q=CTC&submit=Go
Pls let me know was this information useful,,
If not let me try out more & give information,,,,
In CiteHR you will get A to Z information on HR…..
Regards
M. Peer Mohamed Sardhar
093831 93832

From India, Coimbatore
nandishsheregar
33

i am uploading a file used by me. hope this will help you
From United Arab Emirates, Dubai
Attached Files (Download Requires Membership)
File Type: xls ctc_184.xls (18.0 KB, 2292 views)

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