relating to CTC

This query is : Resolved 

04 September 2008

What is the meaning of cost to company?

04 September 2008

reply as early as possible

04 September 2008 CTC (Cost to Company) usually defines the total cost payable by the company to an employee. Other than Basic, HRA, Conveyance its includes medical reimbursement, LTA, Uniform Charges, Books & Periodical Charges etc.

04 September 2008 Cost to Company includes all cost pertaining to an employee and some companies include even gratuity payable and the medical insurance. The purpose is to know the total cost pertaining to an employee.

04 September 2008 thanx

04 September 2008

Thanx for replying my queries


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