Dear all,
I am working with a small IT company as an HR Executive. Recently, there have been some amendments that were requested by my director to be made in the salary slips of employees. Everything has been done as instructed, but the CTC (Cost to Company) is not mentioned in the salary slip. He has mentioned not to include CTC in the salary slip but to just state the take-home salary of employees.
Can you please clarify whether it is not necessary to include CTC in the salary slip?
From India
Acknowledge(0)
Amend(0)
I am working with a small IT company as an HR Executive. Recently, there have been some amendments that were requested by my director to be made in the salary slips of employees. Everything has been done as instructed, but the CTC (Cost to Company) is not mentioned in the salary slip. He has mentioned not to include CTC in the salary slip but to just state the take-home salary of employees.
Can you please clarify whether it is not necessary to include CTC in the salary slip?
From India
Acknowledge(0)Amend(0)
Salary Slip contains the Gross Salary Earned during the month and the Deductions of the month with Net Pay. CTC are mentioned only on the Appointment Letter and or Salary Revision Letters
From India, Ahmadabad
Acknowledge(0)Amend(0)
747From India, Ahmadabad
Acknowledge(0)Amend(0)
CTC is not included in the salary slip. The salary slip is meant to display monthly payment details. For CTC, a separate salary structure needs to be prepared. In addition to what Saji has suggested, you can include PF, ESIC number, bank account number, number of days present, leave balance, designation, department, etc., on the payslip.
From India, Mumbai
Acknowledge(0)Amend(0)
From India, Mumbai
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
CTC SALARY SLIP FORM.xls