I am working as HR Executive in facility management company. When i joined in march 2014 CTC offered to me was 129490 (without PF facility), monthly gross salary was 10315 and monthly net was 9940 Rs. But due to revision in PF limit employer has not revised my CTC instead adjusted both the contribution in same CTC. So my monthly gross salary became 9295 (earlier 10315)and monthly net salary is now 7927rs (earlier 9940rs)
I request seniors to let me know if it is a correct practice to follow.
My Director says that CTC once fixed cannot be revised, so pf adjustment will be within the CTC offered.
Kindly guide me if it is correct.
Regards
Sheetal
I request seniors to let me know if it is a correct practice to follow.
My Director says that CTC once fixed cannot be revised, so pf adjustment will be within the CTC offered.
Kindly guide me if it is correct.
Regards
Sheetal