Tag Archives: #JobCompensation

CTC ( Cost to Company) Vs Gross Salary

CTC VS Gross Salary   CTC (Cost to Company): CTC ( Cost to Company) represents the total expenditure incurred by a company on an employee annually. It encompasses not only the basic salary but also various allowances, perks, and benefits provided by the employer. CTC Components: 1. Basic Salary: The foundational component of CTC, usually… Read More »

Offer Letter Vs Employment Contract

Offer Letter Vs Employment Contract Offer Letter An Offer Letter Vs Employment Contract is typically the initial document provided by an employer to a candidate who has been offered a job position. It outlines the basic terms and conditions of employment and serves as a formal invitation to join the organization. 1. Contents: Offer letters… Read More »