Does it also include PF, Gratuity, Medical Insurance premium if any(paid by employer), Relocation bonus, Joining Bonus, etc ?
Or is it just the fixed part that an Employee gets after deducting above ?
It is everything, that’s why it’s called CTC - Cost to Company. It’s the total cost of what you are costing to the company, not just what you finally get paid in hand.
depends on company. prev org i was in, did not include gratiutiyy or PF or insurance in CTC. New one does. Benefit is, your health insurance benefit is 5 times your ctc
Hey guys,
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The CTC breakup:-
Current CTC - 10 Lakhs New CTC - 20 Lakhs
Is this 100% hike?
May NOT be.
What if 20 Lakhs includes a 20% bonus (not in the previous CTC)? What if 20 Lakhs includes 2 Lakhs of ESOPs (not in the previous CTC)? What if 20 Lakhs includes ...
