Cost to company ctc


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Querist : Anonymous

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Querist : Anonymous (Querist)
04 April 2014 WHAT IS THE MEANING OF CTC AND WHY THE EMPLOYER REDUCE HIS EMPLOYEE CTC. WHAT IS THE CALCULATION. FOT IT.

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Guest

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Guest (Expert)
04 April 2014 CTC is just a way by which employer are trying too fool people.....

CTC contains every cost incurred to company because of you

like your salary,incentive,fooding,accmodation,insurance,vehicle phone facility,esi provident fund.... everything...............

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 April 2014 Thank you Sir.

Why the Employer Reduce the CTC. This is having any Specific formula or accounting policy for deduction.

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Guest

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Guest (Expert)
04 April 2014 They just wantar to show and impress you in starting by giving high ctc then they simlutaneously reduces it

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 April 2014 Good Morning Sir,
Thanks for your Valuable Information.

But If they Reduce the CTC than Gross Salary will be affected give me Example sir, than I can understand Better.And what benefit they get by reducing CTC.


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