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WigglyHamster
WigglyHamster
3mo
by
TCS

Difference between Annual guaranteed cash, annual fixed compensation and CTC

Recently I got an offer from a product based company and in the offer letter I can see three sections, can someone please explain to me what is the difference between Annual guaranteed cash, annual fixed compensation and CTC?

3mo ago
BouncyPenguin
BouncyPenguin
Oracle
3mo

That's a fancy terminology by HR.

I suppose:

  • Guaranteed cash == Basic
  • Fixed compensation == Basic + Flexible (so you can put a part to NPS or HRA etc.).
  • CTC -> Fixed + PF usually. But if it is a summy company there can be additional things.

RSU is separate (it does become a part of your total compensation (called TC online, TC != CTC))

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