what is mean CTC
Answers were Sorted based on User's Feedback
Answer / ramesh kumar
CTC=COST TO COMPANY IT MEANS THAT A COMPANY PURCHASING YOU
IN THAT PARTICULAR AMOUNT FOR A SPECIFIED PERIOD.INOTHER
WORD U CAN SAY THAT U ARE SELLING YOURSELF IN THAT
PARTICULAR AMOUNT FOR A TIME SPECIFIED PERIOD.
Is This Answer Correct ? | 57 Yes | 10 No |
Answer / saima
ctc mean 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"
Is This Answer Correct ? | 22 Yes | 0 No |
Answer / shailesh
CTC MEANS COST TO COMPANY,THIS INCLUED LABOUR,MATERIAL,AND
DIRECT EXPENSES.
Is This Answer Correct ? | 5 Yes | 0 No |
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