Cost to company ctc

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Querist : Anonymous

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.

Guest

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...............

Querist : Anonymous

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

Guest (Expert)

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

Querist : Anonymous

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.