The full form of CTC is Cost to Company. It represents the total amount an organization spends on an employee annually, including base salary, benefits, bonuses, and other perks. CTC is a comprehensive wage package that reflects all the costs associated with hiring and retaining an employee. ...
The biggest drawback about the CTC structure is that it includes many deductibles that form a part of the overall salary but do not come into the employee’s hands. This makes CTC look much more inflated. This is where the concept of take home salary comes in. ...