CTC is cost to company. It means whatsoever any organization spent for the employees. One classis example is mentioned below:-
1. Monthly gross salary
2. Employer contribution to PF & ESI.
3. Bonus of any type
4. Incentive payment of any type
5. LTA
6. Value of free accommodation, electricity, medical etc. if any
7. Company's car if any
8. Subsidized canteen if any
9. Gratuity
10. Other than PF & Gratuity if there is any superannuation scheme - 3rd retirement benefit if any.
11. Club membership
12. Furnishing Allowance
13. Entertainment Allowance
14. Any other items gifts etc. etc.
S K Bandyopadhyay ( WB, Howrah )
CEO-USD HR Solutions
+91 98310 81531
skb@usdhrs.in
From India, New Delhi
3341. Monthly gross salary
2. Employer contribution to PF & ESI.
3. Bonus of any type
4. Incentive payment of any type
5. LTA
6. Value of free accommodation, electricity, medical etc. if any
7. Company's car if any
8. Subsidized canteen if any
9. Gratuity
10. Other than PF & Gratuity if there is any superannuation scheme - 3rd retirement benefit if any.
11. Club membership
12. Furnishing Allowance
13. Entertainment Allowance
14. Any other items gifts etc. etc.
S K Bandyopadhyay ( WB, Howrah )
CEO-USD HR Solutions
+91 98310 81531
skb@usdhrs.in
From India, New Delhi
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CTC Calculator.xls