Cryptocurrency Q&A
What does CTC mean in money?
What does CTC mean in money?
CryptoEmpireGuard
Mon Jul 22 2024
|
7 answers
1201
Excuse me, I'm curious about a term I've encountered in the realm of cryptocurrency and finance. Could you please elaborate on what "CTC" stands for when referring to money? I've noticed it mentioned in a few discussions but haven't been able to pinpoint a clear definition. Is it a specific type of coin, a trading strategy, or perhaps a technical indicator? Your expertise in this field would be invaluable in helping me understand the meaning and context of this abbreviation. Thank you for your assistance in clarifying this matter.
7 answers
CryptoProphet
Wed Jul 24 2024
In addition to direct salary payments, CTC also incorporates indirect costs such as taxes, social security contributions, and other statutory deductions made on behalf of the employee.
Was this helpful?
281
87
BitcoinWarrior
Wed Jul 24 2024
The acronym CTC stands for Cost to Company, which encapsulates the comprehensive financial outlay incurred by an organization on an employee annually.
Was this helpful?
55
24
Maria
Wed Jul 24 2024
The CTC figure signifies the total amount a company spends on compensating an employee, taking into account various factors and components.
Was this helpful?
283
37
HanbokGlamourQueen
Wed Jul 24 2024
This compensation structure typically includes base salary, bonuses, commissions, and other variable payments that an employee receives as part of their remuneration.
Was this helpful?
234
69
Stefano
Tue Jul 23 2024
The calculation of CTC is crucial for employers as it helps them understand the total financial burden they bear for employing an individual, enabling informed decision-making about human resource allocation.
Was this helpful?
59
95
Load 5 more related questions
