Cost to Company can also be used to refer to the total cost that an organization is spending towards their employee including the Salary, Perks, Cost related to benefits, Cost related to hiring, Training, Retirals, Statutory Contributions etc.
Here is more input:
ctc = cost to company ectc = expected cost to company np = notice period
CTC - Cost to company it means your overall package which you are drawing from the company
CTC = Cost To Company
CTC stands for - Cost to Company is the total cost that an organization is spending towards their employee including the salary, perks, etc.
cost to company
CTC refers to the current Cost to Company. CTC is a term that is used to describe an investment without a return. Things like the travel expenditures and interviewing are usually interpreted as CTC's.
CTC in lac(s) means Cost To Company in Lacs(Lakhs). Cost To Company is the total cost to employ a given person (e.g. you) Lac is a unit of 100,000 (one hundred thousand). E.g. if your annual salary is $120,000 and the company has to pay 25% tax after your salary, the CTC in Lacs is $120,000 * 1.25 / 100,000 = 1.5 .
ECTC means Expected Cost to the Company. In short, Expected CTC.
CTC stands for cost to company. Salary is only one part of CTC. Adding CTC to a resume would only be advised if benefit to company was also listed. This figure could be included in a cover letter or as a bullet under accomplishments.
what is the difference between gross salary and CTC
CTC is cost to company, calculated on basis of total payment made to employee, including ta, da, hra and other allowances see the reference link: http://www.ceveni.com/2008/10/what-is-ctc-and-how-it-is-calculated.html
This questin would be related to the Salary details like as CTC, ECTC, NP. CTC Stands for Cost to Company, ECTC - Stands for Expected Cost to Company like as NP - Stands for What?AnswerOn the Internet, NP stands for "no problem." No is "Notice Period"