Quick Answer: What Is Your Expected CTC Answer?

How do you answer CTC expectations?

When someone asks, “What are your salary expectations?”, don’t say frankly, “XXX Lakhs per annum would do just fine”.

You seem rude if you answer in this manner.

You risk your complete effort in the interview if you talk like that.

Be honest but don’t take a point-blank shot at it..

What is your expected CTC means?

When you fill out your profile, you’re asked to enter your “Minimum Expected CTC”. This is the lowest CTC that you would be comfortable considering joining a company at. … Companies know that your Minimum Expected CTC is really your minimum.

What is your current CTC answer?

Anything you answer the question “ What is your current CTC? “ is going to affect you by setting a limit for the the employer to negotiate. If you tell him the correct CTC you are earning the company will just add a general 10 to 15% to it and that will be where the negotiation take place.

What is the CTC in salary?

Cost To Company (CTC): The Cost to Company or CTC is the amount that an employer expends in hiring the service of an employee. … The CTC and take home salary of an employee vary as CTC is the sum total of direct benefit, indirect benefit and savings contributions.

What is current CTC in resume?

Hi, what is CTC? Someone asked me, so it’s Cost to Company which means your current package in the organization you are currently employed and ECTC an Expected Cost to Company for your future firm.

What is your desired salary?

If you decide to share a range for desired salary in the interview, always make it a broad range, like $40,000-60,000. And state your desired range boldly. Don’t be tentative, or offer the range in the form of a question. Then, immediately shift the conversation back to the skills and value you will bring to the role.

What is your biggest weakness?

Example: “My greatest weakness is that I sometimes have a hard time letting go of a project. I’m the biggest critic of my own work. I can always find something that needs to be improved or changed. To help myself improve in this area, I give myself deadlines for revisions.

Do you have any questions for us?

Always say ‘Yes,’ when an interviewer asks if you have questions. Surprisingly, the most common answer to the interview question, “Do you have any questions?” is no. … Assuming this is the first interview, it is premature to ask about benefits.

What is your expected salary answer?

You can try to skirt the question with a broad answer, such as, “My salary expectations are in line with my experience and qualifications.” Or, “If this is the right job for me, I’m sure we can come to an agreement on salary.” This will show that you’re willing to negotiate. Offer a range.

How do you put Expected CTC on resume?

One should not write expected CTC in resume. Neither the figure nor the percent hike you are looking for. Generally you send same resume to many job applications or upload on job portal and since CTC depends on organizations, job profile, skills set, experience etc.

What is current CTC for fresher?

CTC or Cost to Company is the total salary package and benefits of an employee per year. It is basically the amount that a company or employer is willing to spend both directly and indirectly on you as it’s employee. CTC is inclusive of monthly components such as basic pay, various allowances, reimbursements, etc.

How is CTC calculated in salary?

What is CTC in Salary and How is Basic Calculated?CTC means Cost To Company. … CTC = Direct Benefits + Indirect Benefits + Savings Contributions.Basic Salary – It is the amount paid to an employee before any extras are added or taken off, such as reductions because of salary sacrifice schemes or an increase due to overtime or a bonus.More items…•

Can CTC be monthly?

CTC. CTC or Cost to Company is the total amount that a company spends (directly or indirectly) on an employee. … CTC is inclusive of monthly components such as basic pay, various allowances, reimbursements, etc. and annual components such as gratuity, annual variable pay, annual bonus, etc.