Please provide information about how to calculate the CTC. regards Satish Kumar Yadav
5th September 2007 From India, Pune

M.Peer Mohamed Sardhar
India, Coimbatore
United Arab Emirates, Dubai
India, Hyderabad
Gamut Hr
India, Bangalore
Hr Manager
India, Pune

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!!!!
Rachna Sinha
5th September 2007 From India, Hyderabad
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
5th September 2007 From India, Bangalore
Dear Friend,
Kindly click on the following link, it will give you some required information,
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 HRů..
M. Peer Mohamed Sardhar
093831 93832
5th September 2007 From India, Coimbatore
i am uploading a file used by me. hope this will help you
6th September 2007 From United Arab Emirates, Dubai
Attached Files
Registration required. Create all access/no charge Cite.Co account first.
File Type: xls ctc_184.xls (18.0 KB, 2216 views)

Discuss problems openly with your peers around the world without getting into company specifics. Access to years of such problem discussion data and business material is at your finger tips.
All resources created by our members are available to everyone at no cost.

Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.

About Us - Advertise - Contact Us - RSS   On Google+  
Privacy Policy | Disclaimer | Terms Of Service
Facebook Page | Follow Us On Twitter | Linkedin Network