Calculate your cost to company (CTC) and understand the actual value of your job offer. Break down salary components.
Formula:
CTC = Basic + HRA + DA + Other Allowances + Bonus + PF Contribution
This shows the total annual cost your company pays for you.
Cost to Company (CTC) is the total annual cost incurred by a company for an employee. It includes salary, allowances, bonuses, medical benefits, and employer's PF contribution.
Take-home pay is what you actually receive in your bank account after deductions. CTC is the total value your company invests including items you never directly receive.
Yes, CTC shows the true value of an offer. Compare CTC alongside take-home pay, benefits, and work environment for better decision-making.