What is your current CTC How do you answer?
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What is your current CTC How do you answer?
Likewise, when you share your current CTC, you may not be considered for the position or limit your negotiation range. Similarly, when you are asked to share your expected CTC or take-home pay, answer the question with a ‘0’ or ‘negotiable’.
What is ur CTC means?
Cost to company (CTC) is a term for the total salary package of an employee, used in countries such as India and South Africa. It indicates the total amount of expenses an employer (organisation) spends on an employee during one year. Employees may not directly receive the CTC amount.
What is CTC in job application?
CTC or cost to the company is the amount of money spent by the employer to hire a new employee. It comprises of several components such as HRA, medical insurance, provident fund, etc. Basically, CTC is the cost spent by the employer spent in hiring and sustaining the employee in the organization.
What is current CTC in resume?
Hi, what is CTC? Someone asked me, so it’s Cost to Company which means your current package in the organization you are currently employed and ECTC an Expected Cost to Company for your future firm.
Is it OK to mention CTC in resume?
One should not write expected CTC in resume. Neither the figure nor the percent hike you are looking for. Generally you send same resume to many job applications or upload on job portal and since CTC depends on organizations, job profile, skills set, experience etc.
How much is the current CTC?
CTC means cost to company. It is the total money that a particular company spends on you or it is your gross salary. Current CTC:- it’s the amount of money that your present company gives you. Example:- CTC of ₹500000 p.a. mean this is the whole amount that your present company is giving you per year.
What should I write for 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. Employees may not directly receive the CTC amount as cash.