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What is ctc in resume

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CTC stands for Cost to Company. It basically encapsulates the salary package of an employee. However, it is much more than the traditional salary. The CTC is the total amount of expense an employer is spending for an employee in a year.
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How to Show Your Salary on a Resume | Work - guerledan.info

Last Updated: March 29, References. This article was co-authored by our trained team of editors and researchers who validated it for accuracy and comprehensiveness. There are 8 references cited in this article, which can be found at the bottom of the page. This article has been viewed , times. Learn more Whenever you apply for any position, it is important to write your resume according to the requirements of the employers.
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How to Show Your Salary on a Resume

Without the availability of information provided in a Total Compensation Statement, it difficult to get or give a true picture of CTC. The added confusion comes some companies also include operating or running costs into the definition or computation figures. For example rent for office space the employee occupys; reimbursements for mobile and transport expenses that the employee incurs while carrying out his job; income taxes which is a personal liability unless the company pays for them and also for the tax on tax.
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Read the entire job announcement. Focus on the following sections to understand whether or not you qualify for the position. This critical information is found under:.
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