Hi, Please Find attached file for your reference. It would help U. Regards Beula
From United States, Palo Alto
From United States, Palo Alto
Can PLVC (Performance Link Variable ammount) which paid in two different quarters depending upon the company - be also be part of CTC ...?
From India, Hyderabad
From India, Hyderabad
hello friends.....
I have recently come across the Compensation theory in my college i would like to add about the components of CTC......
the 6 components re there in it........
a) Basic Salary....
This includes
#basic pay
#HRA
#DA
# three other allowances
b) The Deferred income
it includes
#P.F
#Gratuity
#Super annuation
#Professional tax
C) Merit linked incentives
This is the performance based pay.....achieving targets ,etc.
D)Yearly income....
it includes Bonus,LTA,Dividends......
E)Fringe benefits in Cash
F) Fringe benefits in kind...
A-B+C+E= take home salary....
This is wat i have done........
it may be too theoritical .but these are just the concepts that we are taught...
I need some more addition in it....related to the practical aspect as it is done in organization
From India, Pune
1I have recently come across the Compensation theory in my college i would like to add about the components of CTC......
the 6 components re there in it........
a) Basic Salary....
This includes
#basic pay
#HRA
#DA
# three other allowances
b) The Deferred income
it includes
#P.F
#Gratuity
#Super annuation
#Professional tax
C) Merit linked incentives
This is the performance based pay.....achieving targets ,etc.
D)Yearly income....
it includes Bonus,LTA,Dividends......
E)Fringe benefits in Cash
F) Fringe benefits in kind...
A-B+C+E= take home salary....
This is wat i have done........
it may be too theoritical .but these are just the concepts that we are taught...
I need some more addition in it....related to the practical aspect as it is done in organization
From India, Pune
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CTC Calculator.xls