CTC
Definition | : | Cost To Company |
Category | : | Business » Business Terms |
Country/Region | : | Worldwide ![]() |
Popularity | : |
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Type | : |
Initialism
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What does CTC mean?
Cost to Company (CTC) is a term used to describe the total cost a company spends on an employee during one year.
CTC includes not just the employee's base salary, but also other forms of compensation such as bonuses, stock options, health insurance, other benefits, as well as any other costs associated with the employee.
Note:
The employee's take-home salary, which is the amount of money they receive after taxes and other deductions, is typically less than the CTC.
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Frequently Asked Questions (FAQ)
What is the full form of CTC?
The full form of CTC is Cost To Company
What are the full forms of CTC in Business?
Cost To Company | Canadian Tire Corporation | Chubu Telecommunications Corporation
What are the full forms of CTC in Worldwide?
Cost To Company | Community Technology Center | Common Toxicity Criteria | Counter-Terrorism Committee