Understand Your Total Cost to Company
Cost to Company (CTC) is the total amount your employer spends on you, including gross salary, employer UIF contributions, Skills Development Levy, medical aid, provident fund, and other benefits.
What Is Included in CTC?
- Gross monthly salary
- Employer UIF contribution (1%)
- Skills Development Levy (1%)
- Employer medical aid contribution
- Employer provident/pension fund contribution
- Travel allowance
- Other employer-paid benefits