Is dis mandate to mention the bifurcation of CTC in appointment letter?
From India, Amritsar
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From India, Amritsar
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Hello, In Appointment letter needs to mention only bifurcation of Gross salary, No needs to mention his CTC break up. Thanking you, Regards, Ashish Thakkar
From India, Pune
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176From India, Pune
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It is always advisable to give the breakup of the CTC to all the employees as an annexure to the appointment letter since the employees should not be kept in the dark regarding the CTC. Nowadays, employees do complain that they were promised to receive x salary, but they are given y salary, stating that some of the components are part of the CTC. However, it is not mandated by any law or act.
From India, Ahmadabad
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From India, Ahmadabad
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Appointment letter-format.d oc