hi friends i want to know that does CTC also includes incentives or any company benefits,
like a employee achieves more target than expected then company used to provide them incentives(usually cash). how does they give them, what are the diff. procedure of giving employees the incentives. does it is shown in monthly Salary Slip, If yes can somebody show me how.
what i know is that
_______________________
Basic
+
HRA
+
TA
+
Other Allowance
+
PF + ESI contributions
=
CTC
________________________
Also can plz also u explain what is ex gratia.
Its urgent frnd do help me with samples if possible.
like a employee achieves more target than expected then company used to provide them incentives(usually cash). how does they give them, what are the diff. procedure of giving employees the incentives. does it is shown in monthly Salary Slip, If yes can somebody show me how.
what i know is that
_______________________
Basic
+
HRA
+
TA
+
Other Allowance
+
PF + ESI contributions
=
CTC
________________________
Also can plz also u explain what is ex gratia.
Its urgent frnd do help me with samples if possible.