My YTD CTC
My YTD CTC screen helps employee to reconcile their CTC with the monthly payout.
A sample screen of My YTD CTC looks as follows -
1. What is YTD CTC ?
YTD CTC stands for "Year to Date Cost to Company". It refers to the total amount of money that an employee has earned from their employer during the current calendar year, including their salary, and other benefits. It is a measure of the employee's total compensation from their employer up to the present date in the current year. Employers typically use YTD CTC as a way to track and calculate the total cost of employing their staff over a given period of time.
2. What is YTD payout ?
YTD payout refers to the total amount of money that has been paid out to an employee by their employer during the current calendar year up to the present date. This includes salary and other forms of compensation that the employee has received from their employer. YTD payout is a useful metric for employee to track the amount of money they received from their employer over a given period of time.
3. The difference between YTD CTC and YTD PAYOUT (DIFFERENCE = YTD CTC - YTD PAYOUT).
4. This is the breakup details of the CTC accommodated with monthly totals.
5. All * marked payout periods are estimated values.
No Comments