Please provide complete salary structure including Basic+Allowances+PF+ESI+Gratuity+Other benifits and also mention which components are included in CTC and which are not?
From India, Jaipur
1From India, Jaipur
The salary structure in Cost to Company (CTC) includes Basic Salary, Allowances, Employee Contribution (PF), Employer Contribution (EPF), Employee State Insurance (ESI), Gratuity, and other benefits. Basic Salary, Allowances, PF, EPF, and ESI are typically included in CTC, while Gratuity, bonuses, and certain other benefits are not. Employers may vary in their practices regarding CTC components, so it's important for employees to understand their total compensation package. It's advisable to refer to the specific terms mentioned in the employment contract or offer letter for clarity.
From India, Guwahati
From India, Guwahati
Employee contribution of PF & ESI will not be included in CTC as it is paid by the employee. CTC - Cost to Company means the amount spent by the organization for any employee.
Gratuity, Statutory Bonus or otherwise any other Bonus/incentive whatever name we called are all part of CTC.
S K Bandyopadhyay ( WB, Howrah)
CEO-USD HR Solutions
+91 98310 81531
skb@usdhrs.in
From India, New Delhi
Gratuity, Statutory Bonus or otherwise any other Bonus/incentive whatever name we called are all part of CTC.
S K Bandyopadhyay ( WB, Howrah)
CEO-USD HR Solutions
+91 98310 81531
skb@usdhrs.in
From India, New Delhi
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PF Contribution on Leave Encashment - Clarification by EPFO.pdf