PeopleStrong Payroll Specialist Interview Questions and Answers

CTC stands for Cost to Company, which includes all expenses incurred by the company on an employee.

• CTC includes salary, bonuses, benefits, and any other perks provided by the company.

• It is the total amount spent by the company on an employee in a year.

• CTC helps employees understand the total value of their compensation package.

• Example: If an employee's CTC is $50,000, it means the company is spending that amount on the

HR may not always support employees' rights due to various reasons such as lack of awareness, conflicting priorities, or organizational culture.

• HR may prioritize company interests over employee rights

• HR may lack awareness of employees' rights or legal obligations

• Organizational culture may not prioritize employee well-being

• HR may face conflicting priorities such as cost-cutting measures

• HR may not have the necessary reso