How do I answer my expected CTC?

Here are some important steps on how to answer your expected CTC: 1. Understand the components of CTC The CTC is a company's total expenditure on an employee, including monetary and non-monetary expenses. Basic salary, allowances and deductibles are the three major components of CTC. Basic pay is normally not more than 40% of CTC.

What is expected CTC?

If the question of expected CTC comes up, indicate a range that you are comfortable with, based on your previous research on salaries and your current salary. Consider the allowances and benefits and the components that are added to your take home salary before indicating your expected salary range.

What if the subject of expected CTC is raised?

If the subject of expected CTC is raised, provide a range based on your prior salary research and your recent pay that you feel comfortable with. Before stating your expected salary range, consider the allowances, benefits, and other factors added to your take-home pay.