CTC Break Up [Thread 61479]

Hiiii,
Could anyone plzz tell me how do a company decide or fix salary of managerial level positions.....one of friend is currently working in MNC and is offered a good package by another company......would like to know that when company decides the pay package keeping in mind the CTC it takes into account only the basic pay or the entire gross salaryyy....i mean CTC break up includes only the basic or the gross salary because in case of marketing incentives are quite more....
This information will help in salary negotiation.....
Waiting for your expert opnions and repliess
Thanks in advance...
Regards,
Agnes

Dear Agnes,
CTC is stand for cost to the company basis formula, which include each and every expenses of the employees. But if the fellow is working on some target basis, then incentive & other earning will be apart from CTC.
Nitin

thnxxxx a ton.......
hmmm the sal os not on incentive basis......
thnxxx for clearing my doubt....
Thnx n regards,
Agnes

hi all hr member,
plz help me out about the salary break up.i want 2 knw how salary calculated,how package is decided.pls gve simple way 2 calculate anyone salary by example with calculation.pls help me.other i want 2 knw about compensation and fring benefit:icon7:
vaishali