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How do you answer current CTC and expected CTC?
When you are asked for historical salary information in an application form, it’s best to leave the field blank or with a ‘0’. Similarly, when you are asked to share your expected CTC or take-home pay, answer the question with a ‘0’ or ‘negotiable’.
Should I tell current CTC?
There is absolutely nothing wrong in sharing your current CTC with a recruiter.
How can I write my current CTC?
Formula: CTC = Gross Salary + Benefits. If an employee’s salary is ₹40,000 and the company pays an additional ₹5,000 for their health insurance, the CTC is ₹45,000. Employees may not directly receive the CTC amount as cash.
What is the answer of current CTC?
What is your current CTC answer? When you are asked for historical salary information in an application form, it’s best to leave the field blank or with a ‘0’. Similarly, when you are asked to share your expected CTC or take-home pay, answer the question with a ‘0’ or ‘negotiable’.
How do you ask Expected CTC?
Formula: CTC = Gross Salary + Benefits. If an employee’s salary is ₹40,000 and the company pays an additional ₹5,000 for their health insurance, the CTC is ₹45,000.
What is current monthly CTC incl?
CTC: Refers to the total cost that an organisation is spending on an employee, including your monthly CTC (basic salary plus allowances and company contribution) and a guaranteed 13th cheque.
What is the difference between CTC and LPA?
Signs of spinal muscular atrophy can be easily ignored. Look for spinal muscular atrophy symptoms. CTC is cost to company and LPA is lacs per annum, basically both are same. If it’s fixed as you mentioned, then you will get what’s decided.
What is CTCTC in salary package?
CTC is cost to the comapny – is the salary package they mention, which consists of fixed component and variable component. Variable component will be paid to you based on various parameters, which will be mentioned in the offer letter and in the company policy guidlines.
Can a low CTC lead to a higher take home salary?
In the image below you can see how a job with low CTC can lead to a higher take home salary – all because the package with the higher CTC was inflated by injecting various components. I hope from now on, you will focus more on the final take home and not be fooled by CTC numbers.
What is the difference between CTC and lakhs per year?
You may get full or lesser or higher amount, based on your, your division and your company’s overall performance for that quarter / year. This salary package is mentioned as Lakhs Per Annum. Hope this helps you. CTC is cost to company, how much you as an employee cost the organisation for the year.