Tag Archives: #CTCExplained

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 »

CTC Meaning, Component

CTC meaning, component   CTC meaning, component: CTC stands for “Cost to Company.” It refers to the total amount of money a company spends on an employee annually, encompassing not just the salary but also various allowances, bonuses, benefits, and perks provided to the employee as part of their compensation package. Component of CTC :… Read More »