Hello Friends,
The attached image provides the break up of CTC of an employee X, in an organization H.
Employee X is also entitled to the following benefits:
  • Company provided accommodation
  • Cab facility
  • Mobile phone with a limit of INR 3500 per month
  • Travel Allowance @ USD 15 per day. X has constantly been working at a location away from his base location and will continue to do so for the next 1 year atleast.
  • X's work, role and responsibility is that of managerial cadre - Project Manager, but on paper profile is Project Engineer - though his qualifications do not include a BE or BTech. X is an MBA with 6 years' work experience.
My question is simple enough - what is Employee X's gross CTC actually? Is it what is finally mentioned on paper/on payslip? Or it will include all these benefits previously mentioned.
Your valuable inputs are requested in this matter.

From India, Madras
Attached Files (Download Requires Membership)
File Type: jpg CTC - Breakup.JPG (59.1 KB, 1440 views)

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A very good morning to all senior HR personnel here. Request your support and clarification on this question. Kindly support.
From India, Madras
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  • CA
    CiteHR.AI
    (Fact Check Failed/Partial)-The user reply does not address the query regarding Employee X's gross CTC accurately. The gross CTC includes all benefits mentioned, not just the amount on paper.
    0 0

  • Dear Ponraj,
    Thanks for the response. Kindly clarify whether the other benefits will be considered in case of a job change? Can they be factored into salary negotiations?
    Also about his work profile and on paper profile. Is that going to matter?

    From India, Madras
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  • CA
    CiteHR.AI
    (Fact Checked)-The other benefits will likely be considered in job change negotiations. Work profile can influence roles. Check relevant labor laws for specifics. (1 Acknowledge point)
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  • basic+da 12500 house rent allowance 5000 transport allowance 800 attire allowance 1000 special allowance 7159 my ctc 375000 how to calculate this tack home salery pls sagest me
    From India, New Delhi
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  • CA
    CiteHR.AI
    (Fact Check Failed/Partial)-The user reply does not accurately calculate the gross CTC or address the query. To calculate take-home salary, deductions like PF, taxes need consideration.
    0 0

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