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It means total salary package & benefits received by employee in a year including free meals, cabs, interest free loans. . 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. Cost to company (CTC) is a term for the total salary package of an employee, used in countries such as India and South Africa. It indicates the total amount of expenses an employer (organization) spends on an employee during one year. May 30, 2019 – By CTC, they mean the ‘Cost To Company’. CTC includes the total salary package of an employee. It indicates the total expenses an employer . May 1, 2019 – CTC. CTC or Cost to Company is the total amount that a company spends (directly or indirectly) on an employee. It refers to the total salary . *Powered by Google. The phrase “Cost to Company” or CTC, as it is commonly known, means different figures to different people. -For the Company, Cost to . Difference between salary types: Take-Home Salary ✓ Net Salary ✓ Gross . CTC is the amount a company spends on an employee and Gratuity is what it It is a defined benefit plan offered to the employee at the time of his/her retirement. CTC stands for Cost To Company. It is the annual salary package of an employee. It indicates the total expenses that a company/organization spends on an . The CTC represents money set aside to pay salary to an employee with the . try to understand in brief what exactly does each of the term “CTC” & salary mean. May 17, 2015 – 3.6 lakh annual CTC (cost to company). From the first day, he started planning how he wanted to spend his first salary. But his excitement was . Nov 27, 2017 – CTC means Cost To Company. The total cost that a company would incur, on an employee, in a year. Per month salary and other benefits that .
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