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Q.

What is the meaning of CTC in ones biodata or CV.

Asked by shanthi sunil shenoy, 20 Nov '08 10:04 pm
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Answers (3)

 
1.

CTC means Cost To the Company. Most often, what salary employee gets in hand, is the salary what company pays employee plus the taxes deducted. But company spends much more than this on the employee, in terms of the PF contribution, Group Insurance, Perquisites, Medical facilities, Coupons and other Fringe benefits inclusing ESOPs. Company has to bear all these costs, althoug the Employee doesnt see it directly on his salary slip. The total amoun that the company spends on the employee directly in terms of money or facilities is called CTC to the company
Answered by Krish, 20 Nov '08 10:11 pm

 
  
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2.

Cost to company
Answered by shriniwas sapar, 20 Nov '08 10:05 pm

 
  
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3.

Current salary...........
Answered by manoj rajbhor, 20 Nov '08 10:05 pm

 
  
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