More Clearly...
CTC stands for COST TO COMPANY
this includes : GROSS SALARY + incentives that are provided from the firm .
incentives includes many things like meal , medical facilities, phone facilities, house facilities , travel allowance etc.
THE SUM OF ALL THE REWARDS AND BENEFITS PROVIDED TO AN EMPLOYEE FROM THE EMPLOYER + THE SALARY IS TERMED AS "COST TO COMPANY"
CTC Stands For COST TO COMPANY. It is the Salary which is the gross pre-tax salary inclusive of all components (monthly, annual, retiral and deferred payments).
Current CTC means current drawn salary usually in terms of dollars per year package.
Expected CTC means salary you are expecting usually in terms of dollars per year package.
What is net salary if ctc is 30000
what is means Current CtC and Exp Ctc
CTC stands for - Cost to Company is the total cost that an organization is spending towards their employee including the salary, perks, etc.
You can mention your expected or desired annual salary in the cover letter or during salary negotiation discussions. However, it is not typical to include specific salary figures or terms like "CTC" (Cost to Company) on a resume in most regions. It's more common to discuss salary details during the interview process or when an offer is extended.
To calculate the Cost to Company (CTC) salary, you would typically add the employee's total salary package which includes the basic salary, allowances, bonuses, and benefits like medical insurance, provident fund contribution, etc. The CTC represents the total cost incurred by the employer in hiring the employee. It's important to consider all components of the salary package when calculating CTC.
CTC stands for cost to company. Salary is only one part of CTC. Adding CTC to a resume would only be advised if benefit to company was also listed. This figure could be included in a cover letter or as a bullet under accomplishments.
CTC refers to the current Cost to Company. CTC is a term that is used to describe an investment without a return. Things like the travel expenditures and interviewing are usually interpreted as CTC's.
ctc = cost to company ectc = expected cost to company np = notice period
ECTC means Expected Cost to the Company. In short, Expected CTC.
This questin would be related to the Salary details like as CTC, ECTC, NP. CTC Stands for Cost to Company, ECTC - Stands for Expected Cost to Company like as NP - Stands for What?AnswerOn the Internet, NP stands for "no problem." No is "Notice Period"
what is the difference between gross salary and CTC
CTC -> Cost To Company. It means your pay package/monthly salary, which the company has to shell out every month for you. Current CTC - The salary that you receive currently/presently Expected CTC- Salary that you expect from the company that you are applying to.