What should I provide as my Current CTC (cost to company) to a Company where I am going to work?

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up vote
7
down vote

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I am going to join a new company, so I wanted to give my CTC1 details to them.
In my current company I am getting a salary of sum of Basic & Variable pay, where variable pay depends on how many hours I effectively worked for the company.



Until 2 months ago, I had been getting almost the full amount of variable salary, since we had a lot of projects. Now condition have changed, and only 2 or 3 projects are running, and I've been getting much less variable pay for the last 2 months.



Suppose this example:




Monthly Salary details:
Basic Pay: 1500
Variable pay : 8000 for 166
hours per month
For an hour : 48.17



Total salary : 15000 + 8000 = 23000
For a year : 23000 * 12 = 2,76000



Total salary without Variable : 15000
For a year : 15000 * 12 =
1,80000




At a condition I worked less [suppose 83 hours]




Variable Pay : 4000
Total salary : 15000 + 4000 = 19000
For a year :
23000 * 12 = 2,28000




So which one should I provide to them? Also I have to provide my last 3 months of pay slips to them.



1Cost to Company is a term used in India to indicate the total cost of an employee to the company including things like salary, taxes, bonuses, and other benefits







share|improve this question






















  • possible duplicate of Is it okay to withhold previous salary information during the interview process?
    – Jim G.
    Dec 6 '13 at 13:02










  • Why do they need it?
    – Neuromancer
    Dec 6 '13 at 13:28






  • 5




    I am quite certain this is a very india-specific issue, and I would be hesitant to suggest non-india-specific solutions as this may be common practice (and unavoidable), and rather a matter of how to properly calculate it, rather than how to convince the employer that it isn't necessary. This is well within the scope, but beyond my understanding (I searched the net, but couldn't find a good answer). If another Indian contributor could shine some light, it would be very helpful. Anyone know one?
    – jmac
    Dec 6 '13 at 13:49










  • @JimG. I don't think it's really a duplicate. The question you've linked is about whether to provide salary information at all. This question accepts that information will be provide, but asks about level of detail/different models.
    – yoozer8
    Dec 6 '13 at 14:56










  • And would the average employee even know there actual cost? overheard rates can very wildly and at the ultra high end can approach 500%-700% if you working at the bleeding edge.
    – Pepone
    Sep 23 '14 at 19:01
















up vote
7
down vote

favorite
1












I am going to join a new company, so I wanted to give my CTC1 details to them.
In my current company I am getting a salary of sum of Basic & Variable pay, where variable pay depends on how many hours I effectively worked for the company.



Until 2 months ago, I had been getting almost the full amount of variable salary, since we had a lot of projects. Now condition have changed, and only 2 or 3 projects are running, and I've been getting much less variable pay for the last 2 months.



Suppose this example:




Monthly Salary details:
Basic Pay: 1500
Variable pay : 8000 for 166
hours per month
For an hour : 48.17



Total salary : 15000 + 8000 = 23000
For a year : 23000 * 12 = 2,76000



Total salary without Variable : 15000
For a year : 15000 * 12 =
1,80000




At a condition I worked less [suppose 83 hours]




Variable Pay : 4000
Total salary : 15000 + 4000 = 19000
For a year :
23000 * 12 = 2,28000




So which one should I provide to them? Also I have to provide my last 3 months of pay slips to them.



1Cost to Company is a term used in India to indicate the total cost of an employee to the company including things like salary, taxes, bonuses, and other benefits







share|improve this question






















  • possible duplicate of Is it okay to withhold previous salary information during the interview process?
    – Jim G.
    Dec 6 '13 at 13:02










  • Why do they need it?
    – Neuromancer
    Dec 6 '13 at 13:28






  • 5




    I am quite certain this is a very india-specific issue, and I would be hesitant to suggest non-india-specific solutions as this may be common practice (and unavoidable), and rather a matter of how to properly calculate it, rather than how to convince the employer that it isn't necessary. This is well within the scope, but beyond my understanding (I searched the net, but couldn't find a good answer). If another Indian contributor could shine some light, it would be very helpful. Anyone know one?
    – jmac
    Dec 6 '13 at 13:49










  • @JimG. I don't think it's really a duplicate. The question you've linked is about whether to provide salary information at all. This question accepts that information will be provide, but asks about level of detail/different models.
    – yoozer8
    Dec 6 '13 at 14:56










  • And would the average employee even know there actual cost? overheard rates can very wildly and at the ultra high end can approach 500%-700% if you working at the bleeding edge.
    – Pepone
    Sep 23 '14 at 19:01












up vote
7
down vote

favorite
1









up vote
7
down vote

favorite
1






1





I am going to join a new company, so I wanted to give my CTC1 details to them.
In my current company I am getting a salary of sum of Basic & Variable pay, where variable pay depends on how many hours I effectively worked for the company.



Until 2 months ago, I had been getting almost the full amount of variable salary, since we had a lot of projects. Now condition have changed, and only 2 or 3 projects are running, and I've been getting much less variable pay for the last 2 months.



Suppose this example:




Monthly Salary details:
Basic Pay: 1500
Variable pay : 8000 for 166
hours per month
For an hour : 48.17



Total salary : 15000 + 8000 = 23000
For a year : 23000 * 12 = 2,76000



Total salary without Variable : 15000
For a year : 15000 * 12 =
1,80000




At a condition I worked less [suppose 83 hours]




Variable Pay : 4000
Total salary : 15000 + 4000 = 19000
For a year :
23000 * 12 = 2,28000




So which one should I provide to them? Also I have to provide my last 3 months of pay slips to them.



1Cost to Company is a term used in India to indicate the total cost of an employee to the company including things like salary, taxes, bonuses, and other benefits







share|improve this question














I am going to join a new company, so I wanted to give my CTC1 details to them.
In my current company I am getting a salary of sum of Basic & Variable pay, where variable pay depends on how many hours I effectively worked for the company.



Until 2 months ago, I had been getting almost the full amount of variable salary, since we had a lot of projects. Now condition have changed, and only 2 or 3 projects are running, and I've been getting much less variable pay for the last 2 months.



Suppose this example:




Monthly Salary details:
Basic Pay: 1500
Variable pay : 8000 for 166
hours per month
For an hour : 48.17



Total salary : 15000 + 8000 = 23000
For a year : 23000 * 12 = 2,76000



Total salary without Variable : 15000
For a year : 15000 * 12 =
1,80000




At a condition I worked less [suppose 83 hours]




Variable Pay : 4000
Total salary : 15000 + 4000 = 19000
For a year :
23000 * 12 = 2,28000




So which one should I provide to them? Also I have to provide my last 3 months of pay slips to them.



1Cost to Company is a term used in India to indicate the total cost of an employee to the company including things like salary, taxes, bonuses, and other benefits









share|improve this question













share|improve this question




share|improve this question








edited Dec 6 '13 at 14:54









yoozer8

4,10442955




4,10442955










asked Dec 6 '13 at 7:14









asitis

136115




136115











  • possible duplicate of Is it okay to withhold previous salary information during the interview process?
    – Jim G.
    Dec 6 '13 at 13:02










  • Why do they need it?
    – Neuromancer
    Dec 6 '13 at 13:28






  • 5




    I am quite certain this is a very india-specific issue, and I would be hesitant to suggest non-india-specific solutions as this may be common practice (and unavoidable), and rather a matter of how to properly calculate it, rather than how to convince the employer that it isn't necessary. This is well within the scope, but beyond my understanding (I searched the net, but couldn't find a good answer). If another Indian contributor could shine some light, it would be very helpful. Anyone know one?
    – jmac
    Dec 6 '13 at 13:49










  • @JimG. I don't think it's really a duplicate. The question you've linked is about whether to provide salary information at all. This question accepts that information will be provide, but asks about level of detail/different models.
    – yoozer8
    Dec 6 '13 at 14:56










  • And would the average employee even know there actual cost? overheard rates can very wildly and at the ultra high end can approach 500%-700% if you working at the bleeding edge.
    – Pepone
    Sep 23 '14 at 19:01
















  • possible duplicate of Is it okay to withhold previous salary information during the interview process?
    – Jim G.
    Dec 6 '13 at 13:02










  • Why do they need it?
    – Neuromancer
    Dec 6 '13 at 13:28






  • 5




    I am quite certain this is a very india-specific issue, and I would be hesitant to suggest non-india-specific solutions as this may be common practice (and unavoidable), and rather a matter of how to properly calculate it, rather than how to convince the employer that it isn't necessary. This is well within the scope, but beyond my understanding (I searched the net, but couldn't find a good answer). If another Indian contributor could shine some light, it would be very helpful. Anyone know one?
    – jmac
    Dec 6 '13 at 13:49










  • @JimG. I don't think it's really a duplicate. The question you've linked is about whether to provide salary information at all. This question accepts that information will be provide, but asks about level of detail/different models.
    – yoozer8
    Dec 6 '13 at 14:56










  • And would the average employee even know there actual cost? overheard rates can very wildly and at the ultra high end can approach 500%-700% if you working at the bleeding edge.
    – Pepone
    Sep 23 '14 at 19:01















possible duplicate of Is it okay to withhold previous salary information during the interview process?
– Jim G.
Dec 6 '13 at 13:02




possible duplicate of Is it okay to withhold previous salary information during the interview process?
– Jim G.
Dec 6 '13 at 13:02












Why do they need it?
– Neuromancer
Dec 6 '13 at 13:28




Why do they need it?
– Neuromancer
Dec 6 '13 at 13:28




5




5




I am quite certain this is a very india-specific issue, and I would be hesitant to suggest non-india-specific solutions as this may be common practice (and unavoidable), and rather a matter of how to properly calculate it, rather than how to convince the employer that it isn't necessary. This is well within the scope, but beyond my understanding (I searched the net, but couldn't find a good answer). If another Indian contributor could shine some light, it would be very helpful. Anyone know one?
– jmac
Dec 6 '13 at 13:49




I am quite certain this is a very india-specific issue, and I would be hesitant to suggest non-india-specific solutions as this may be common practice (and unavoidable), and rather a matter of how to properly calculate it, rather than how to convince the employer that it isn't necessary. This is well within the scope, but beyond my understanding (I searched the net, but couldn't find a good answer). If another Indian contributor could shine some light, it would be very helpful. Anyone know one?
– jmac
Dec 6 '13 at 13:49












@JimG. I don't think it's really a duplicate. The question you've linked is about whether to provide salary information at all. This question accepts that information will be provide, but asks about level of detail/different models.
– yoozer8
Dec 6 '13 at 14:56




@JimG. I don't think it's really a duplicate. The question you've linked is about whether to provide salary information at all. This question accepts that information will be provide, but asks about level of detail/different models.
– yoozer8
Dec 6 '13 at 14:56












And would the average employee even know there actual cost? overheard rates can very wildly and at the ultra high end can approach 500%-700% if you working at the bleeding edge.
– Pepone
Sep 23 '14 at 19:01




And would the average employee even know there actual cost? overheard rates can very wildly and at the ultra high end can approach 500%-700% if you working at the bleeding edge.
– Pepone
Sep 23 '14 at 19:01










5 Answers
5






active

oldest

votes

















up vote
5
down vote













Maybe this is a local custom, if I were asked to show the paychecks from my previous employer, I'd be freaked. That's none of their business, that's between me and my previous employer. But if it's common where you live, I guess you just show them your last paychecks and if they differ your employer may want to know why, so you may want to simply send the formula.



If you are unsure how to do that, it would be best if you ask them. If your employer needs that, they will know what format is best.






share|improve this answer




















  • so is there anything wrong with telling them total amount [with full variable pay] as my current CTC?
    – asitis
    Dec 6 '13 at 8:43







  • 4




    The point of my answer is: I can't tell. Other people on the internet can't tell. Ask your employer what he needs. Only he knows.
    – nvoigt
    Dec 6 '13 at 9:45










  • Hi, am not in a situation to refuse their request to provide salary pay slips. So that options is not possible in my case.
    – asitis
    Dec 9 '13 at 5:53


















up vote
3
down vote













It is a common practice here in India to show the total possible cost for yourself as the CTC. This cost is not what you get in hand or not what you get on the salary slip but what you were offered in your offer letter or increment letter.



Take the following example:



Basic pay: 5,000
All allowances: 8,000
(like House rent allowance, Travel allowance, Dearness allowance, Medical allowance)
Employer's provident fund contribution: 2000
---------------------------------------------
Total basic (fixed) monthly pay: 15,000
Total basic (fixed) annual pay: 15,000 x 12 = 180,000

Annual bonus (pro-rated): 18,000
Insurance permium (life cover, health cover, etc.): 10,000
------------------------------------------------------------
Total annual variable: 28,000

Overtime (if applicable): 100 per hour


Considering this example, your projected annual cost to the company would be:



180,000 (fixed) + 28,000 (variable) = 208,000


And you have to mention the overtime rates separately.



When you provide your salary slips, all the fixed components are mentioned on it, along with the overtime. You don't have to include overtime in your CTC as it is already covered in the salary slips. The companies in India make offers based on verified salary slips and not on what CTC amount you tell them. If your salary slip shows overtime income more than your basic pay, the new employers would make an offer accordingly. Furthermore, you can always negotiate your salary before a formal offer is made.






share|improve this answer



























    up vote
    0
    down vote













    As a non-Indian I don't know if the formula to caluculate this is standard or company specific but either way HR will have the answer. When you ask them just say that your pay varied month to month depending on your project load and you would like to know how many months should be factored into this calculation. If this isn't a standardized thing you probably don't want them to knowing how to influence the results.






    share|improve this answer



























      up vote
      0
      down vote













      I would suggest a six month average, or even a one year average if your work has seasonal fluctuations. Provide pay slips for the period you average, if you must do so. Then explain what you're doing and why - that your work fluctuated and you wanted to give them a complete picture.






      share|improve this answer



























        up vote
        0
        down vote













        Having read a definition of CTC and its components, I'm going to say that you have to ask your current HR for an official breakdown. For example, some of the things included are Office Space Rent, Incentives or bonuses (which might include your variable pay), and Income tax savings. There's no way for you to know what the company is spending on your office space, without asking them. You might not be able to tell what tax-free benefits you're getting that they're covering the tax on. And so on.



        The only way to get a solid CTC is to ask.






        share|improve this answer




















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          5 Answers
          5






          active

          oldest

          votes








          5 Answers
          5






          active

          oldest

          votes









          active

          oldest

          votes






          active

          oldest

          votes








          up vote
          5
          down vote













          Maybe this is a local custom, if I were asked to show the paychecks from my previous employer, I'd be freaked. That's none of their business, that's between me and my previous employer. But if it's common where you live, I guess you just show them your last paychecks and if they differ your employer may want to know why, so you may want to simply send the formula.



          If you are unsure how to do that, it would be best if you ask them. If your employer needs that, they will know what format is best.






          share|improve this answer




















          • so is there anything wrong with telling them total amount [with full variable pay] as my current CTC?
            – asitis
            Dec 6 '13 at 8:43







          • 4




            The point of my answer is: I can't tell. Other people on the internet can't tell. Ask your employer what he needs. Only he knows.
            – nvoigt
            Dec 6 '13 at 9:45










          • Hi, am not in a situation to refuse their request to provide salary pay slips. So that options is not possible in my case.
            – asitis
            Dec 9 '13 at 5:53















          up vote
          5
          down vote













          Maybe this is a local custom, if I were asked to show the paychecks from my previous employer, I'd be freaked. That's none of their business, that's between me and my previous employer. But if it's common where you live, I guess you just show them your last paychecks and if they differ your employer may want to know why, so you may want to simply send the formula.



          If you are unsure how to do that, it would be best if you ask them. If your employer needs that, they will know what format is best.






          share|improve this answer




















          • so is there anything wrong with telling them total amount [with full variable pay] as my current CTC?
            – asitis
            Dec 6 '13 at 8:43







          • 4




            The point of my answer is: I can't tell. Other people on the internet can't tell. Ask your employer what he needs. Only he knows.
            – nvoigt
            Dec 6 '13 at 9:45










          • Hi, am not in a situation to refuse their request to provide salary pay slips. So that options is not possible in my case.
            – asitis
            Dec 9 '13 at 5:53













          up vote
          5
          down vote










          up vote
          5
          down vote









          Maybe this is a local custom, if I were asked to show the paychecks from my previous employer, I'd be freaked. That's none of their business, that's between me and my previous employer. But if it's common where you live, I guess you just show them your last paychecks and if they differ your employer may want to know why, so you may want to simply send the formula.



          If you are unsure how to do that, it would be best if you ask them. If your employer needs that, they will know what format is best.






          share|improve this answer












          Maybe this is a local custom, if I were asked to show the paychecks from my previous employer, I'd be freaked. That's none of their business, that's between me and my previous employer. But if it's common where you live, I guess you just show them your last paychecks and if they differ your employer may want to know why, so you may want to simply send the formula.



          If you are unsure how to do that, it would be best if you ask them. If your employer needs that, they will know what format is best.







          share|improve this answer












          share|improve this answer



          share|improve this answer










          answered Dec 6 '13 at 8:31









          nvoigt

          42.6k18105147




          42.6k18105147











          • so is there anything wrong with telling them total amount [with full variable pay] as my current CTC?
            – asitis
            Dec 6 '13 at 8:43







          • 4




            The point of my answer is: I can't tell. Other people on the internet can't tell. Ask your employer what he needs. Only he knows.
            – nvoigt
            Dec 6 '13 at 9:45










          • Hi, am not in a situation to refuse their request to provide salary pay slips. So that options is not possible in my case.
            – asitis
            Dec 9 '13 at 5:53

















          • so is there anything wrong with telling them total amount [with full variable pay] as my current CTC?
            – asitis
            Dec 6 '13 at 8:43







          • 4




            The point of my answer is: I can't tell. Other people on the internet can't tell. Ask your employer what he needs. Only he knows.
            – nvoigt
            Dec 6 '13 at 9:45










          • Hi, am not in a situation to refuse their request to provide salary pay slips. So that options is not possible in my case.
            – asitis
            Dec 9 '13 at 5:53
















          so is there anything wrong with telling them total amount [with full variable pay] as my current CTC?
          – asitis
          Dec 6 '13 at 8:43





          so is there anything wrong with telling them total amount [with full variable pay] as my current CTC?
          – asitis
          Dec 6 '13 at 8:43





          4




          4




          The point of my answer is: I can't tell. Other people on the internet can't tell. Ask your employer what he needs. Only he knows.
          – nvoigt
          Dec 6 '13 at 9:45




          The point of my answer is: I can't tell. Other people on the internet can't tell. Ask your employer what he needs. Only he knows.
          – nvoigt
          Dec 6 '13 at 9:45












          Hi, am not in a situation to refuse their request to provide salary pay slips. So that options is not possible in my case.
          – asitis
          Dec 9 '13 at 5:53





          Hi, am not in a situation to refuse their request to provide salary pay slips. So that options is not possible in my case.
          – asitis
          Dec 9 '13 at 5:53













          up vote
          3
          down vote













          It is a common practice here in India to show the total possible cost for yourself as the CTC. This cost is not what you get in hand or not what you get on the salary slip but what you were offered in your offer letter or increment letter.



          Take the following example:



          Basic pay: 5,000
          All allowances: 8,000
          (like House rent allowance, Travel allowance, Dearness allowance, Medical allowance)
          Employer's provident fund contribution: 2000
          ---------------------------------------------
          Total basic (fixed) monthly pay: 15,000
          Total basic (fixed) annual pay: 15,000 x 12 = 180,000

          Annual bonus (pro-rated): 18,000
          Insurance permium (life cover, health cover, etc.): 10,000
          ------------------------------------------------------------
          Total annual variable: 28,000

          Overtime (if applicable): 100 per hour


          Considering this example, your projected annual cost to the company would be:



          180,000 (fixed) + 28,000 (variable) = 208,000


          And you have to mention the overtime rates separately.



          When you provide your salary slips, all the fixed components are mentioned on it, along with the overtime. You don't have to include overtime in your CTC as it is already covered in the salary slips. The companies in India make offers based on verified salary slips and not on what CTC amount you tell them. If your salary slip shows overtime income more than your basic pay, the new employers would make an offer accordingly. Furthermore, you can always negotiate your salary before a formal offer is made.






          share|improve this answer
























            up vote
            3
            down vote













            It is a common practice here in India to show the total possible cost for yourself as the CTC. This cost is not what you get in hand or not what you get on the salary slip but what you were offered in your offer letter or increment letter.



            Take the following example:



            Basic pay: 5,000
            All allowances: 8,000
            (like House rent allowance, Travel allowance, Dearness allowance, Medical allowance)
            Employer's provident fund contribution: 2000
            ---------------------------------------------
            Total basic (fixed) monthly pay: 15,000
            Total basic (fixed) annual pay: 15,000 x 12 = 180,000

            Annual bonus (pro-rated): 18,000
            Insurance permium (life cover, health cover, etc.): 10,000
            ------------------------------------------------------------
            Total annual variable: 28,000

            Overtime (if applicable): 100 per hour


            Considering this example, your projected annual cost to the company would be:



            180,000 (fixed) + 28,000 (variable) = 208,000


            And you have to mention the overtime rates separately.



            When you provide your salary slips, all the fixed components are mentioned on it, along with the overtime. You don't have to include overtime in your CTC as it is already covered in the salary slips. The companies in India make offers based on verified salary slips and not on what CTC amount you tell them. If your salary slip shows overtime income more than your basic pay, the new employers would make an offer accordingly. Furthermore, you can always negotiate your salary before a formal offer is made.






            share|improve this answer






















              up vote
              3
              down vote










              up vote
              3
              down vote









              It is a common practice here in India to show the total possible cost for yourself as the CTC. This cost is not what you get in hand or not what you get on the salary slip but what you were offered in your offer letter or increment letter.



              Take the following example:



              Basic pay: 5,000
              All allowances: 8,000
              (like House rent allowance, Travel allowance, Dearness allowance, Medical allowance)
              Employer's provident fund contribution: 2000
              ---------------------------------------------
              Total basic (fixed) monthly pay: 15,000
              Total basic (fixed) annual pay: 15,000 x 12 = 180,000

              Annual bonus (pro-rated): 18,000
              Insurance permium (life cover, health cover, etc.): 10,000
              ------------------------------------------------------------
              Total annual variable: 28,000

              Overtime (if applicable): 100 per hour


              Considering this example, your projected annual cost to the company would be:



              180,000 (fixed) + 28,000 (variable) = 208,000


              And you have to mention the overtime rates separately.



              When you provide your salary slips, all the fixed components are mentioned on it, along with the overtime. You don't have to include overtime in your CTC as it is already covered in the salary slips. The companies in India make offers based on verified salary slips and not on what CTC amount you tell them. If your salary slip shows overtime income more than your basic pay, the new employers would make an offer accordingly. Furthermore, you can always negotiate your salary before a formal offer is made.






              share|improve this answer












              It is a common practice here in India to show the total possible cost for yourself as the CTC. This cost is not what you get in hand or not what you get on the salary slip but what you were offered in your offer letter or increment letter.



              Take the following example:



              Basic pay: 5,000
              All allowances: 8,000
              (like House rent allowance, Travel allowance, Dearness allowance, Medical allowance)
              Employer's provident fund contribution: 2000
              ---------------------------------------------
              Total basic (fixed) monthly pay: 15,000
              Total basic (fixed) annual pay: 15,000 x 12 = 180,000

              Annual bonus (pro-rated): 18,000
              Insurance permium (life cover, health cover, etc.): 10,000
              ------------------------------------------------------------
              Total annual variable: 28,000

              Overtime (if applicable): 100 per hour


              Considering this example, your projected annual cost to the company would be:



              180,000 (fixed) + 28,000 (variable) = 208,000


              And you have to mention the overtime rates separately.



              When you provide your salary slips, all the fixed components are mentioned on it, along with the overtime. You don't have to include overtime in your CTC as it is already covered in the salary slips. The companies in India make offers based on verified salary slips and not on what CTC amount you tell them. If your salary slip shows overtime income more than your basic pay, the new employers would make an offer accordingly. Furthermore, you can always negotiate your salary before a formal offer is made.







              share|improve this answer












              share|improve this answer



              share|improve this answer










              answered Sep 24 '14 at 2:21









              Rachcha

              367616




              367616




















                  up vote
                  0
                  down vote













                  As a non-Indian I don't know if the formula to caluculate this is standard or company specific but either way HR will have the answer. When you ask them just say that your pay varied month to month depending on your project load and you would like to know how many months should be factored into this calculation. If this isn't a standardized thing you probably don't want them to knowing how to influence the results.






                  share|improve this answer
























                    up vote
                    0
                    down vote













                    As a non-Indian I don't know if the formula to caluculate this is standard or company specific but either way HR will have the answer. When you ask them just say that your pay varied month to month depending on your project load and you would like to know how many months should be factored into this calculation. If this isn't a standardized thing you probably don't want them to knowing how to influence the results.






                    share|improve this answer






















                      up vote
                      0
                      down vote










                      up vote
                      0
                      down vote









                      As a non-Indian I don't know if the formula to caluculate this is standard or company specific but either way HR will have the answer. When you ask them just say that your pay varied month to month depending on your project load and you would like to know how many months should be factored into this calculation. If this isn't a standardized thing you probably don't want them to knowing how to influence the results.






                      share|improve this answer












                      As a non-Indian I don't know if the formula to caluculate this is standard or company specific but either way HR will have the answer. When you ask them just say that your pay varied month to month depending on your project load and you would like to know how many months should be factored into this calculation. If this isn't a standardized thing you probably don't want them to knowing how to influence the results.







                      share|improve this answer












                      share|improve this answer



                      share|improve this answer










                      answered Sep 23 '14 at 14:21









                      Myles

                      25.7k659105




                      25.7k659105




















                          up vote
                          0
                          down vote













                          I would suggest a six month average, or even a one year average if your work has seasonal fluctuations. Provide pay slips for the period you average, if you must do so. Then explain what you're doing and why - that your work fluctuated and you wanted to give them a complete picture.






                          share|improve this answer
























                            up vote
                            0
                            down vote













                            I would suggest a six month average, or even a one year average if your work has seasonal fluctuations. Provide pay slips for the period you average, if you must do so. Then explain what you're doing and why - that your work fluctuated and you wanted to give them a complete picture.






                            share|improve this answer






















                              up vote
                              0
                              down vote










                              up vote
                              0
                              down vote









                              I would suggest a six month average, or even a one year average if your work has seasonal fluctuations. Provide pay slips for the period you average, if you must do so. Then explain what you're doing and why - that your work fluctuated and you wanted to give them a complete picture.






                              share|improve this answer












                              I would suggest a six month average, or even a one year average if your work has seasonal fluctuations. Provide pay slips for the period you average, if you must do so. Then explain what you're doing and why - that your work fluctuated and you wanted to give them a complete picture.







                              share|improve this answer












                              share|improve this answer



                              share|improve this answer










                              answered Sep 23 '14 at 19:26









                              Joe

                              8,0322046




                              8,0322046




















                                  up vote
                                  0
                                  down vote













                                  Having read a definition of CTC and its components, I'm going to say that you have to ask your current HR for an official breakdown. For example, some of the things included are Office Space Rent, Incentives or bonuses (which might include your variable pay), and Income tax savings. There's no way for you to know what the company is spending on your office space, without asking them. You might not be able to tell what tax-free benefits you're getting that they're covering the tax on. And so on.



                                  The only way to get a solid CTC is to ask.






                                  share|improve this answer
























                                    up vote
                                    0
                                    down vote













                                    Having read a definition of CTC and its components, I'm going to say that you have to ask your current HR for an official breakdown. For example, some of the things included are Office Space Rent, Incentives or bonuses (which might include your variable pay), and Income tax savings. There's no way for you to know what the company is spending on your office space, without asking them. You might not be able to tell what tax-free benefits you're getting that they're covering the tax on. And so on.



                                    The only way to get a solid CTC is to ask.






                                    share|improve this answer






















                                      up vote
                                      0
                                      down vote










                                      up vote
                                      0
                                      down vote









                                      Having read a definition of CTC and its components, I'm going to say that you have to ask your current HR for an official breakdown. For example, some of the things included are Office Space Rent, Incentives or bonuses (which might include your variable pay), and Income tax savings. There's no way for you to know what the company is spending on your office space, without asking them. You might not be able to tell what tax-free benefits you're getting that they're covering the tax on. And so on.



                                      The only way to get a solid CTC is to ask.






                                      share|improve this answer












                                      Having read a definition of CTC and its components, I'm going to say that you have to ask your current HR for an official breakdown. For example, some of the things included are Office Space Rent, Incentives or bonuses (which might include your variable pay), and Income tax savings. There's no way for you to know what the company is spending on your office space, without asking them. You might not be able to tell what tax-free benefits you're getting that they're covering the tax on. And so on.



                                      The only way to get a solid CTC is to ask.







                                      share|improve this answer












                                      share|improve this answer



                                      share|improve this answer










                                      answered Sep 23 '14 at 20:04









                                      Bobson

                                      14227




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