Hi, I just want to confirm can employer add their PF contribution that is (12% on basic)in CTC? Regards, Gayatri Naik
From India, Pune
From India, Pune
Yes, CTC components you can include are:
- Annual gross salary of the employee.
- Employer PF/ESI contribution.
- LTA (if applicable).
- Performance bonus (if applicable).
- Variable pay (if applicable).
- Hard furnishing (if applicable).
- Gratuity.
- Medical reimbursement.
- Mediclaim.
- GTI/Life security plan.
- Ex-gratia or bonus.
- Superannuation (if applicable).
- ESOP (if applicable).
Thank you.
From India, Mumbai
- Annual gross salary of the employee.
- Employer PF/ESI contribution.
- LTA (if applicable).
- Performance bonus (if applicable).
- Variable pay (if applicable).
- Hard furnishing (if applicable).
- Gratuity.
- Medical reimbursement.
- Mediclaim.
- GTI/Life security plan.
- Ex-gratia or bonus.
- Superannuation (if applicable).
- ESOP (if applicable).
Thank you.
From India, Mumbai
Yes, the employer can add their PF/ESIC contribution to an employee's CTC. Most employers use this practice. Some employers also include Bonus/Gratuity in the employees' CTC—it depends on the employer's views.
Regards,
Hiten Dalal
Officer II Personnel
From India, Mumbai
Regards,
Hiten Dalal
Officer II Personnel
From India, Mumbai
CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.