What is net salary if ctc is 30000
what is the difference between gross salary and CTC
CTC in lac(s) means Cost To Company in Lacs(Lakhs). Cost To Company is the total cost to employ a given person (e.g. you) Lac is a unit of 100,000 (one hundred thousand). E.g. if your annual salary is $120,000 and the company has to pay 25% tax after your salary, the CTC in Lacs is $120,000 * 1.25 / 100,000 = 1.5 .
What is the meannig of Existing CTC
Clear to close.
Whether a single person can live off of a salary of $30,000 a year will depend on where the person lives and lifestyle the person leads. It is possible with the right budgeting, however.
Rs.8,000/-
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.
what is the difference between gross salary and CTC
More Clearly... 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"
30000
30000
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 stands for - Cost to Company is the total cost that an organization is spending towards their employee including the salary, perks, etc.
30000-90000
30000
30000
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.