Cost to Company (CTC) is the total amount an employer spends on an employee, including salary, benefits, and statutory contributions. Understanding your CTC is crucial when negotiating salary packages.
CTC Components
- Gross salary
- Employer UIF contribution (1%)
- Employer SDL contribution (1%)
- Medical aid (employer portion)
- Retirement fund contributions
- Travel allowance
- Other benefits
Calculate your full CTC using our Cost to Company Calculator.