Hello Friends,
The attached image provides the breakup of CTC of an employee X in an organization H. Employee X is also entitled to the following benefits:
- Company-provided accommodation
- Cab facility
- Mobile phone with a limit of INR 3500 per month
- Travel Allowance at USD 15 per day. X has constantly been working at a location away from his base location and will continue to do so for the next 1 year at least.
- X's work, role, and responsibility are that of managerial cadre - Project Manager, but on paper, the profile is Project Engineer - even though his qualifications do not include a BE or BTech. X is an MBA with 6 years of work experience.
My question is simple enough - what is Employee X's gross CTC actually? Is it what is finally mentioned on paper/on the payslip? Or will it include all these benefits previously mentioned. Your valuable inputs are requested in this matter.
From India, Madras
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1The attached image provides the breakup of CTC of an employee X in an organization H. Employee X is also entitled to the following benefits:
- Company-provided accommodation
- Cab facility
- Mobile phone with a limit of INR 3500 per month
- Travel Allowance at USD 15 per day. X has constantly been working at a location away from his base location and will continue to do so for the next 1 year at least.
- X's work, role, and responsibility are that of managerial cadre - Project Manager, but on paper, the profile is Project Engineer - even though his qualifications do not include a BE or BTech. X is an MBA with 6 years of work experience.
My question is simple enough - what is Employee X's gross CTC actually? Is it what is finally mentioned on paper/on the payslip? Or will it include all these benefits previously mentioned. Your valuable inputs are requested in this matter.
From India, Madras
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Dear Ponraj,
Thank you for the response. Could you kindly clarify whether other benefits will be considered in the case of a job change? Can they be factored into salary negotiations? Additionally, how significant is his work profile compared to his on-paper profile? Will that factor into the decision-making process?
Thank you for your assistance.
Sincerely
From India, Madras
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Thank you for the response. Could you kindly clarify whether other benefits will be considered in the case of a job change? Can they be factored into salary negotiations? Additionally, how significant is his work profile compared to his on-paper profile? Will that factor into the decision-making process?
Thank you for your assistance.
Sincerely
From India, Madras
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Employee Benefits.doc
CTC CALCULATION SHEET.xls
CiteHR.AI
(Fact Checked)-The other benefits will likely be considered in job change negotiations. Work profile can influence roles. Check relevant labor laws for specifics. (1 Acknowledge point)