Ctc Full Form. It is most commonly used in the private sector. Per month salary and other benefits that the company pays an employee, are actually cost to the company.
What is the full form of CTC?CTC Full Form
Ctcpackage is a term often used by private sector indian companies while making an offer of employment. It is the annual salary package of an employee. Ctc is a figure that represents the total cost of an employee to an organization, including all benefits, bonuses, and perks. Ctc is not the actual salary of the employee. Web ctc stands for cost to company. The total cost that a company would incur, on an employee, in a year. Web cost to company (ctc) refers to the total salary package of the employee. It means total salary package & benefits received by employee in a year including free meals, cabs, interest free loans. It does not indicate the employee’s actual pay. It reveals the net costs a firm or organization spends on a worker over one year.
Nowadays, most companies offer their salary in the form of ctc. It means total salary package & benefits received by employee in a year including free meals, cabs, interest free loans. Ctc includes a base salary and additional employee benefits to the employee in the service period. Ctc full form is cost to company, and it is the cost incurred by the company per employee on a yearly basis. Web what is the full form of ctc? The total cost that a company would incur, on an employee, in a year. Ctc is not the actual salary of the employee. And all annual components such as gratuity, annual variable pay, annual bonus, etc. Ctc means cost to company in india. Now a days, most companies are offering their salaries in the form of a ctc. It is most commonly used in the private sector.
