previous CTC and Expected CTC

Question

Accepted Answer

Previous CTC and Expected CTC are typically discussed during salary negotiations.

Previous CTC refers to the candidate's current or most recent salary.
Expected CTC is the salary the candidate is looking to receive in the new role.
It is important to be realistic and research industry standards when discussing Expected CTC.

Accepted Answer

**CTC (Cost to Company)** alludes to the all out compensation bundle a business offers a worker, including all advantages, rewards, and different recompenses.

### **Past CTC**
This alludes to the complete compensation bundle a representative was getting in their last or present place of employment prior to applying for another job. It incorporates:
- Fundamental compensation
- Rewards and impetuses
- Opportune asset (PF) commitments
- Medical coverage and different advantages

### **Anticipated CTC**
This is the compensation bundle an up-and-comer anticipates from the new business. It is normally higher than the past CTC and relies upon factors like:
- Market pay patterns
- Abilities and experience
- Organization spending plan
- Discussion abilities.

previous CTC and Expected CTC

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