can anyone give me a calculation of the ctc including conveyance, bonus, employer pf contribution & gratuity
From India, Mumbai
1From India, Mumbai
Adding employer contribution in the CTC of employee is correct and no harm in that. CTC means cost to the company for that employee. Employer contribution to the PF on behalf of that employee means cost incurred by the employer/company for that employee. Hence, it is perfectly correct to add employer contribution towards PF or ESI on behalf of employee.
Regards.
From India, Aizawl
Regards.
From India, Aizawl
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.
Employer-PF-res trict to wages of Rs 6500.pdf