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Companies ask for the Cost to Company (CTC) to understand the total financial commitment involved in hiring an employee, which includes salary, benefits, bonuses, and other perks. This helps them budget for compensation and ensure alignment with their financial goals. Additionally, knowing the CTC aids in evaluating candidates' expectations and negotiating offers effectively. Overall, it offers a comprehensive view of the employment cost beyond just the base salary.

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1mo ago

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Related Questions

What is the CTC Range?

CTC - Cost to company it means your overall package which you are drawing from the company


If someone ask you about your current C T C what they actually want?

CTC means "Cost to company"


What is ment by ctc in job application forms?

CTC = Cost To Company


What does ctc ectc np stand for?

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


Can we use monthly CTC or there is only Annual CTC?

If company does not offer any annual benifits, we can also compute monthly CTC


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 the abbrevation 'CTC' stand for?

cost to company


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 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.


How do you get replacement parts for a ctc pasta express machine model x2000?

Wow! There are a lot of people online looking for this book. You can try calling the company that bought CTC -- (718) 492-8400 and ask them for a copy.


How do you calculate CTC?

CTC is cost to company, calculated on basis of total payment made to employee, including ta, da, hra and other allowances see the reference link: http://www.ceveni.com/2008/10/what-is-ctc-and-how-it-is-calculated.html


What you write in current ctc and in expated ctc?

what is means Current CtC and Exp Ctc