CTC full Form

What is the full form CTC?
The full form of CTC is COST To Company.

What is CTC?

CTC is Cost to Company, CTC is the employee’s annual salary package. It reveals the net costs an organization spends on workers over one year. Now, most companies are offering their salaries in the form CTC. It doesn’t not indicate the employee’s actual pay. it also a comedian services provide workers by the organization.
The equation of CTC is

CTC = Gross Salary + other Expenses + Incentives
.

Points for CTC:

1 CTC is used for the annual salary package.
2 CTC is the employee’s annual salary package. It reveals the net costs an organization spends on workers over one year.

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