Hi gskumars
The term CTC means cost to the company. Whatever company is incurring on u comes in CTC.Total compensation includes the value of all the perks and benefits one gets from the Company in addition to ones salary.
Following are the components which comes in CTC.
FIXED SALARY
Basic Salary
House Rent Allowance
Company Leased Accomodation
City Compensatory Allowance
Special Allowance
Conveyance Allowance
REIMBURSEMENTS
MEAL COUPONS
Entertainment
Books/Periodicals
Education
House Maintenance Allowance
Furnishing Allowance
Dress/Uniform Allowance
Other Allowances
BENEFITS/ PERKS
Company car
Driver’s Salary
Maintenance and Petrol Expenses
Leave Travel Allowance
Canteen Subsidy
Telephone Expenses
Mobile Phone
Club Membership
Electricity/Gas
Servant/Gardener
Credit Cards
Furnishings/Durables
Holiday Facilities
Medical Reimbursements
Medical Insurance
RETIRALS
Provident Fund
Superannuation
Gratuity
BONUS
Fixed Bonus
Productivity Linked Variable Bonus(*)
Any Other Performance Oriented Incentive including Stock Option Plan(*)
The above mentioned components comes in CTC.
KATYANA
The term CTC means cost to the company. Whatever company is incurring on u comes in CTC.Total compensation includes the value of all the perks and benefits one gets from the Company in addition to ones salary.
Following are the components which comes in CTC.
FIXED SALARY
Basic Salary
House Rent Allowance
Company Leased Accomodation
City Compensatory Allowance
Special Allowance
Conveyance Allowance
REIMBURSEMENTS
MEAL COUPONS
Entertainment
Books/Periodicals
Education
House Maintenance Allowance
Furnishing Allowance
Dress/Uniform Allowance
Other Allowances
BENEFITS/ PERKS
Company car
Driver’s Salary
Maintenance and Petrol Expenses
Leave Travel Allowance
Canteen Subsidy
Telephone Expenses
Mobile Phone
Club Membership
Electricity/Gas
Servant/Gardener
Credit Cards
Furnishings/Durables
Holiday Facilities
Medical Reimbursements
Medical Insurance
RETIRALS
Provident Fund
Superannuation
Gratuity
BONUS
Fixed Bonus
Productivity Linked Variable Bonus(*)
Any Other Performance Oriented Incentive including Stock Option Plan(*)
The above mentioned components comes in CTC.
KATYANA