What is the meaning oc CTC annual salary?
What is the meaning of CTC in relation to annual salary?
3 Answers
Original answer by cotopaxi
CTC is “Cost To Company.”
http://www.faqfarm.com/Q/What_does_CTC_o…
“Cost to Company (CTC) is a term used to describe an investment without return. Travel expenditures, interviewing, spending time with potential customers can all be interpreted as CTC’s.
Cost to Company can also be used to refer to the total cost that an organization is spending towards their employee including the Salary, Perks, Cost related to benefits, Cost related to hiring, Training, Retirals, Statutory Contributions etc.”
“SALARY INDICATOR”
http://www.impsmanagement.com/salary.asp
“Salary means gross pre-tax salary (CTC) inclusive of all components (monthly, annual, retiral and deferred payments).”
1 year ago
see
http://answers.yahoo.com/question/index?qid=200609…
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