CTC Structure

Define the total cost of hiring an employee for budgeting purpose

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Aid the human resources to arrive at the total compensation that can be offered to a prospective employee or associate prior to commencement of employment. The same template can be used for salary revisions for current employees as per company policies and rules.

This data capture template is available for download in Excel format.

This CTC Structure template lets you achieve:

  • Consistency while making offers or during revisions
  • Define budgets for such offers
  • Ensure proper approvals
  • Precise and ensure parity amongst grades / levels

In just a few minutes you will be able to create a CTC structure. This template covers vital information like:

  • Break down of the total cost to the company by each component
  • Discussing the structure with employee / candidate
  • Effective dates
  • Agreement and sign offs from all parties
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This template is meant to provide general guidelines and should be used as a reference. This is not a legal document. greytHR will not assume any legal liability that may arise from the use of this template.
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