Category Archives: CTC ( Cost to Company)

CTC Meaning

Introduction CTC Meaning : Cost to Company (CTC) is a crucial term in the corporate world, particularly in the context of salaries and compensation packages. It represents the total amount an employer spends on an employee in a year. However, many employees often misunderstand the concept of CTC versus take-home salary, leading to confusion during… Read More »

CTC ( Cost to Company) Vs Gross Salary

CTC VS Gross Salary CTC (Cost to Company): Cost to company represents the total expenditure incurred by a company on an employee annually. It encompasses not only the basic salary but also various allowances, perks, and benefits provided by the employer.   Components: 1. Basic Salary: The foundational component of CTC, usually constituting a significant… Read More »