Pan Singh Dangwal
Joint Manager
Sr Hr Executive
+1 Other

Thread Started by #mandy007

We are in process of revision of CTC structure. Please share your existing CTC structure for study purpose.
On Site I have come across many CTC structures but I need a recent one where PF eligibility is 15,000 and ESIC is 21,000.
We also give one full salary as bonus during Diwali. Looking forward for your cooperation.
19th January 2018 From India, Mumbai
The main purpose of Revising CTC structure is to benefit the employees in the long run. It will be better if they get more in hand salary.
19th January 2018 From India, Mumbai
I would like to know one thing. Say if Gross Salary is 12,000 then bonus of 12,000 is given only during Diwali. During interview we divide 12,0000 in 12 months which comes to Rs 1000 monthly and we explain to the candidate that your CTC is xxx plus 1000 = xxxx. Is it a right practice when we are not giving any monthly bonus but only once in a year. Is it not a strategy to inflate monthly CTC to the candidate.
I hope you understood what I am trying to say.
19th January 2018 From India, Mumbai
Dear Mr Mandy007,
You have asked for CTC with PF and ESI restrictions but not stated for which amount you need the CTC structure.
Pls find attached the sheet, however the other components / deductions like PT, medical etc can be accommodated to make it more clear.
Hope this will serve your purpose, fellow members can put more light on it.
23rd January 2018 From India, Delhi

Attached Files
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File Type: xls CTC-Freezed PF-ESI.xls (40.0 KB, 357 views)

Dear Sir,
above CTC Structure contains salary head - Food/Washing/ Vehicle Maint. Allowance which is already fully taxable ( all three component Food - Washing - Vehicle allowance ) . instead of it we can use "other" as salary head for better clarity.
24th January 2018 From India, Pune
Dear Sir,
CTC method Salary statement was clarity but PF was not understand how to frizz high salary fixed amount for manager range persons. please send to the massage to the my number
Thanks regards
HR at Forel Labs
31st January 2019 From India, Visakhapatnam
Here you go.
Please note that break up is exclusive income tax.
Sampathkumar Shanmugam
1st February 2019 From India, Chennai

Attached Files
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File Type: xls Salary Break Up.xls (26.5 KB, 40 views)

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