Thus, CTC means the total amount spent by the company on the employee in a year. ![]() The full form of CTC is "Cost to Company." The term is commonly used for an employee's total salary package in Asian Countries, e.g., India, South Africa, Nepal, etc. Therefore, questions like How salary is calculated, what is CTC, why people get less compensation as mentioned in their offer letter, why our in-hand salary is less than our CTC, etc., are common for every employee. Once in a while, almost every employee at the beginning of their respective career must have gone through the salary calculation while getting their first salary. ![]() ![]() The term is commonly used for an employee's total salary package in Asian Countries.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |