HI Frens, Kindly let me know whether PF contribution by Employer is actually done by the employer or it gets deducted from the total ctc offered to an employee ????? :?:. :?: :?:
From India, Ahmedabad
5From India, Ahmedabad
Hello Vijaya,
PF Contribution of employer-------
If it's CTC you are offering to the candidate i.e saying xxxlacs/annum including all amoluments...then PF Contribution of employer is a part of CTC.
At the same you have to be sure what is stated in offer letter given to the employee.
From India, Nizamabad
PF Contribution of employer-------
If it's CTC you are offering to the candidate i.e saying xxxlacs/annum including all amoluments...then PF Contribution of employer is a part of CTC.
At the same you have to be sure what is stated in offer letter given to the employee.
From India, Nizamabad
Hi, vijaya , CTC has PF contribution of employer included in it so there is no need to provide it by employer out of CTC.
From India, Gurgaon
From India, Gurgaon
anyone can give me the CTC breakup of an employee whose CTC is 9.6 lac per annum. plzz help me out in this...
From India, New Delhi
From India, New Delhi
Hello Pinki Singh,
Giving breakup to you like this is not possible because it is differ from company to company and based on company policy. Company policy regarding more monthly take home, Saving maximum employee tax, annual benefits are such content that create difference in CTC company to company.
Regards
From India, Faridabad
Giving breakup to you like this is not possible because it is differ from company to company and based on company policy. Company policy regarding more monthly take home, Saving maximum employee tax, annual benefits are such content that create difference in CTC company to company.
Regards
From India, Faridabad
hello mahendra...
actully i want to know superficially what r those things which will be included in this ctc package???
like if suppose u r getting 9.6 lac per annum in ur present company then what will be its break up?
From India, New Delhi
actully i want to know superficially what r those things which will be included in this ctc package???
like if suppose u r getting 9.6 lac per annum in ur present company then what will be its break up?
From India, New Delhi
hello mahendra.. thnx alot for ur help...... actully im fresher nd i want to just clear my concept related to ctc breakup of a company
From India, New Delhi
From India, New Delhi
Dear Vijaya,
Both employer and employee contributions to pf are the components of CTC only. You can deduct 24% of basic+da+Cash value of food concession+retaining allowance if any from the employee ctc.
Regards,
Skantha
From India, Hyderabad
Both employer and employee contributions to pf are the components of CTC only. You can deduct 24% of basic+da+Cash value of food concession+retaining allowance if any from the employee ctc.
Regards,
Skantha
From India, Hyderabad
Dear All,
if it is CTC break up varies from company to company.
These days few companies are including VPP(Variable performance Pay) like Incentives are including in the CTC. If we are including the VPP then what about the Employer PF. Do wee need to show it to the employees in the CTC.
From India, Bangalore
if it is CTC break up varies from company to company.
These days few companies are including VPP(Variable performance Pay) like Incentives are including in the CTC. If we are including the VPP then what about the Employer PF. Do wee need to show it to the employees in the CTC.
From India, Bangalore
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.
CTC Calculator.xls
A THEORETICAL STUDY ON ‘GLASS CEILING CONCEPT’.doc