The gross salary before income tax and other deductions is what is listed as Cost To Company salary for a period of 12 months in a financial year. What is a CTC package? The CTC package shows a detailed break-up showing basic salary, HRA (House rent allowance), and other such allowance...
It clearly means that CTC is not only the salary, but it also includes many things like a meal, medical facilities, phone bills, house facilities, travel allowance, etc. Some companies, especially large investment banks, also add office space rent in the CTC package. Furthermore, if your co...
Let us study the ways you can craft and present your current CTC effectively to a potential employer during salary negotiation in an interview: Structuring Your Response When discussing your current CTC, it is crucial to provide a breakdown of your total compensation package. This should include ...
salary. If permenent employee got around 4.5PA, but during this contract mode i got 2.1 PA. I can't able to manage my family with that package. So, i decided to change my job i have around 3 years of exp in .NET platform. So, i tried in outside and attend few interviews after...
The cost to company does not amount to basic salary but is the entire salary package which an employee receives. It is an aggregate of various incentives, allowances, perquisites and employer’s contribution towards Provident Fund (PF) and Employee’s State Insurance (ESI). ...