Simple CTC-based Salary Structure | greytHR
🏠 Home

Simple CTC-based Salary Structure

Many companies follow the CTC (cost to company) structure of salary payment. CTC is the total of the gross salary plus all the benefits provided by the employer. Some employers don't add some benefits to the CTC.

In this CTC-based structure, the salary has multiple components that are shown in the salary slip. When HR follows a standard template, they can:

  • Be consistent while making offers and revisions
  • Define budgets for such offers
  • Ensure proper approvals
  • Precise and ensure parity amongst grades/levels
Referred in
Simple CTC-based Salary Structure