Adding employer contribution in the CTC of employee is correct and no harm in that. CTC means cost to the company for that employee. Employer contribution to the PF on behalf of that employee means cost incurred by the employer/company for that employee. Hence, it is perfectly correct to add employer contribution towards PF or ESI on behalf of employee.
Regards.
From India, Aizawl
Regards.
From India, Aizawl
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#Subject List: hr strategy Country-India employer contribution personal kra esi act esi contribution employers contribution cost cutting pf contribution cost to company ctc break up City-India-Chennai
PF NO Contribution on CTC.pdf
Steps to transfer PF amount.jpg
