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What is CTC full form in Job application and job description form ?

Hi I am seeing that there is a CTC field where we hare supposed to fill up some information about ...
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  1. #1
    Sonam Rathee's Avatar
    Sonam Rathee is offline eTI Member
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    What is CTC full form in Job application and job description form ?

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    Hi

    I am seeing that there is a CTC field where we hare supposed to fill up some information about amount employe is getting. But I am confused what is it ? is it that what is the expected amount employee is looking from employer or it is what we are currently receiving ?

    Also what is correct full form of CTC ?

  2. #2
    Ravinder Oberoi is offline eTI Aluminium
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    CTC refers to "COST TO COMPANY "

    this includes : GROSS SALARY + incentives that are provided from the firm .

    incentives includes many things like meal , medical facilities, phone facilities, house facilities , travel allowance etc.

    THE SUM OF ALL THE REWARDS AND BENEFITS PROVIDED TO AN EMPLOYEE FROM THE EMPLOYER + THE SALARY IS TERMED AS "COST TO COMPANY"

    hope this satisfies your query

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