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In this video, we delve into the intricacies of your CTC (Cost to Company) and what it really means for your paycheck! We start by introducing the topic and outlining the contents of the video. Ever wondered what comprises your CTC? We explain everything from allowances to variable pay, ESOP, and the vesting period. Bonuses are also covered, and we contrast CTC with your inhand salary, exploring how provident funds and gratuity impact your takehome pay. We also analyze CTC structures in big companies, caution about startup CTC "scams," and explore CTC in public sector companies. Finally, we discuss prevalent CTC scams. Stay informed and don’t forget to like, subscribe, and hit the bell icon for more insights into navigating the corporate world!
Timestamps:
00:00 Introduction
00:38 Contents of the video
00:53 What does the CTC comprise of?
01:07 What are Allowances?
01:53 What is Variable Pay?
02:05 What is ESOP?
02:13 What is Vesting Period?
02:33 What are Bonuses?
03:06 CTC v/s Inhand
03:45 How does Provident Fund affects your Salary?
04:22 How does Gratuity affects your Salary?
04:32 CTC of big companies
08:11 CTC Scam done by Startups
08:55 CTC of Public Sector Companies
10:56 CTC Scams
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