Normally, which factors can we consider while fixing Cost to Company (CTC)? (Basic/HRA/conveyance allowance/PF/ESI/Gratuity/earned leave/canteen subsidy and what else). If any of the above is not considered in fixing CTC, please clarify the same.
From India, Pune
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From India, Pune
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1. Basic 2. House Rent Allowance 3. Medical Allowance 4. Conveyance Allowance 5. Special Allowance 6. Leave Travel Allowance 7. Canteen 8. Provident Fund 9.Gratuity
From India, Hyderabad
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41From India, Hyderabad
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Factors to be included in preparing CTC:
1. Basic
2. Special Allowance (if any)
3. Conveyance
4. Uniform Maintenance Allowances
5. Education Allowances
6. Medical
7. LTA
8. PF
9. Gratuity
10. Superannuation
11. Housing
12. Variable Pay
13. Mobile Phone Expenses
Please ensure that each factor is considered while calculating the Cost to Company (CTC) for an employee.
From India
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1. Basic
2. Special Allowance (if any)
3. Conveyance
4. Uniform Maintenance Allowances
5. Education Allowances
6. Medical
7. LTA
8. PF
9. Gratuity
10. Superannuation
11. Housing
12. Variable Pay
13. Mobile Phone Expenses
Please ensure that each factor is considered while calculating the Cost to Company (CTC) for an employee.
From India
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SALARY SHEET CALCULATION.xls
Salary calculation.doc