Are the sales target a factor of annual CTC. Is there a thumb rule of 10 or 15 times of annual CTC?
From India, Mumbai
From India, Mumbai
The ratio between CTC and sales target would vary from industry to industry and unit to unit. The sales target related payment is only one component of CTC so there is no linear relationship between the two. Indeed there is no standard definition of the components included in CTC, while there are certain factors like basic pay, dearness allowance which are invariably included there are various other benefits like medical reimbursement, employer's expenses on account of uniform or some other welfare expense which vary.
From India, Mumbai
From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.