CTC Vs Take-home Salary.
Decoding Your Salary: Understanding CTC and Take-Home Pay Made Simple Hello everyone! In today’s blog, I will explain the concept of CTC and how your salary is broken down. Whether you’re starting your first job or transitioning to a new one, it's crucial to understand the distinction between the Cost to Company (CTC) and your take-home salary. This knowledge will empower you to negotiate better with HR and understand your salary structure more clearly. CTC = The total investment a company makes on an employee "Cost to Company" (CTC) is a term frequently used by companies, yet it is often misunderstood by employees. The CTC mentioned by employers and your take-home salary are two different figures. Moreover, salary increases reflected in a higher CTC don’t always translate to a higher monthly salary. So, what exactly is CTC, and what are you entitled to as an employee? This post aims to clarify the common confusions surrounding salary structure. For example: Shreyash, a r...
