Hello all
Please clarify my doubt. When I fix a salary of gross 13000, take home comes to 11993 & the CTC is 14500. There is a difference of Rs.2500 between TH & CTC. This is the total of PF & ESI - both Employer & employee contribution. Is it right? All the persons who come for the interview provide info with a difference of Rs. 800 between CTC & TH. Which is right?
From India, Hyderabad
Please clarify my doubt. When I fix a salary of gross 13000, take home comes to 11993 & the CTC is 14500. There is a difference of Rs.2500 between TH & CTC. This is the total of PF & ESI - both Employer & employee contribution. Is it right? All the persons who come for the interview provide info with a difference of Rs. 800 between CTC & TH. Which is right?
From India, Hyderabad
Hi,
until and unless you provide the salary structure of both it will be difficult to comment or suggest. Unable to understand Rs.1500/ difference between CTC and gross.
You are also requested to note that some companies may not be adding the employer contribution of PF & ESI to the employees cost.
pl. verify and finalize.
Regards - kamesh
From India, Hyderabad
30until and unless you provide the salary structure of both it will be difficult to comment or suggest. Unable to understand Rs.1500/ difference between CTC and gross.
You are also requested to note that some companies may not be adding the employer contribution of PF & ESI to the employees cost.
pl. verify and finalize.
Regards - kamesh
From India, Hyderabad
Dear Mr. Kamesh
Thank you very much for your response. The break up is as follows:
Basic 6600
HRA 3300
Other allowance 2100
Edu. Allowance 200
Conveyance 800
Total 13000
ESI - Employer contribution 618
ESI - Emploee contribution 228
EPF - Employer contribution 885
ESI - Emploee contribution 780
CTC 14503
Take Home 11993
I took this salary calculation excel sheet from CiteHr only.
I will be thankful if you can help me.
Best regards
Neela.S
From India, Hyderabad
Thank you very much for your response. The break up is as follows:
Basic 6600
HRA 3300
Other allowance 2100
Edu. Allowance 200
Conveyance 800
Total 13000
ESI - Employer contribution 618
ESI - Emploee contribution 228
EPF - Employer contribution 885
ESI - Emploee contribution 780
CTC 14503
Take Home 11993
I took this salary calculation excel sheet from CiteHr only.
I will be thankful if you can help me.
Best regards
Neela.S
From India, Hyderabad
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Employee Benefits.doc