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CTC stands for COST TO COMPANY

this includes : GROSS SALARY + incentives that are provided from the firm .

incentives includes many things like meal , medical facilities, phone facilities, house facilities , travel allowance etc.

THE SUM OF ALL THE REWARDS AND BENEFITS PROVIDED TO AN EMPLOYEE FROM THE EMPLOYER + THE SALARY IS TERMED AS "COST TO COMPANY"

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14y ago

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Related Questions

What is net salary if ctc is 30000?

What is net salary if ctc is 30000


What you write in current ctc and in expated ctc?

what is means Current CtC and Exp Ctc


What is current CTC?

CTC stands for - Cost to Company is the total cost that an organization is spending towards their employee including the salary, perks, etc.


How to mention ctc in resume?

To mention CTC in resume you are supposed to list it under your academic qualifications. You may also list under it under the professional qualification if you have done work that is CTC related.


CTC Salary Calculation Formula?

To calculate the Cost to Company (CTC) salary, you would typically add the employee's total salary package which includes the basic salary, allowances, bonuses, and benefits like medical insurance, provident fund contribution, etc. The CTC represents the total cost incurred by the employer in hiring the employee. It's important to consider all components of the salary package when calculating CTC.


How do you add current CTC in my resume?

CTC stands for cost to company. Salary is only one part of CTC. Adding CTC to a resume would only be advised if benefit to company was also listed. This figure could be included in a cover letter or as a bullet under accomplishments.


What is your current CTC?

CTC refers to the current Cost to Company. CTC is a term that is used to describe an investment without a return. Things like the travel expenditures and interviewing are usually interpreted as CTC's.


What does ctc ectc np stand for?

ctc = cost to company ectc = expected cost to company np = notice period


What is ECTC?

ECTC means Expected Cost to the Company. In short, Expected CTC.


NP - what is the meaning?

This questin would be related to the Salary details like as CTC, ECTC, NP. CTC Stands for Cost to Company, ECTC - Stands for Expected Cost to Company like as NP - Stands for What?AnswerOn the Internet, NP stands for "no problem." No is "Notice Period"


What is the relationship between gross salary and cost-to-company?

what is the difference between gross salary and CTC


What is the full form of CTC salary?

CTC -> Cost To Company. It means your pay package/monthly salary, which the company has to shell out every month for you. Current CTC - The salary that you receive currently/presently Expected CTC- Salary that you expect from the company that you are applying to.