Increment Calculation - In pvt. Sector Increment calculated on CTC or basic salary?

amod-kumar-singh1

Dear Sir, Please guide me, In pvt. Sector Increment calculated on CTC or basic salary . Regards Amod
Yesterday From India, Vadodara

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Dilip Tele

Dear Amod, Increment calculated on Current CTC. Regards, Dilip
Today From India, Mumbai

ranjeetsingh243@gmail.com

Dear Amod

It is calculated based on CTC basis.
However, there can be variations, for example, unionised & staff. For unionised it is completely based on the terms of the agreement with the union and for Staff it can be CTC based.

Thanks
Today From India, Pune

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Increment Calculation - In pvt. Sector Increment calculated on CTC or basic salary?

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