Professional Documents
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<Company Name>
<Company Address>
CTC structure
Document Summary
Document Reference ID <Company Short Name>-DC-008
Version Number 1.0
Document Type CTC structure
Author Gobinda Patra
Reviewed By Shankar D
Approved By Shankar D
Release Date 3/1/2021
Revision History
Version Date Author Significant Changes Source
1.0 3/1/2021 Gobinda Final Version NA
No part of this documentation may be reproduced or transmitted in any form or by any means,
electronic or mechanical, including photocopying or recording, for any purpose without express
written permission of the HR Head of <Company Name>.
© 2021, <Company Name>. All Rights Reserved
Doc Ref.ID :<Company Short Name>-DC-008 Version No : 1.0
For Internal Use only
CTC - NON FLEXIBLE COMPONENT
Salary Summary
Proportionate
amount for the
Components Inside CTC
current financial
CTC for the year with out
Salary Component next 12 months considering LOP
Comp 1
Comp 2
Flexible
Total
Proportionate
amount for the
Components Outside CTC
current financial
CTC for the year with out
Salary Component next 12 months considering LOP
Comp 1
Comp 2
Total
1. See the attachment file for calculation
2. LOP amount will be populated after the month process
3. The components can be amount type or formula type
OMPONENT
1. Depending on the lo
FBP
st revision
FBP without LOP CTC with LOP FBP with LOP 1. The financial year c
2. Depending on the e
Proportionate
3. Proportionate calcul
amount for the
Components Inside CTC current financial Balance a. Start of date can be
LOP Amount for the year considering to be b. End date can be 31
financial Year LOP Paid Till Date paid
Proportionate
amount for the
Components Outside CTC current financial Balance
LOP Amount for the year considering to be
financial Year LOP Paid Till Date paid
for calculation
pulated after the month process
e amount type or formula type
1. Depending on the log in credentials
1. The financial year can be either from Apr to Mar or Jan to Dec
2. Depending on the effective date of revision the CTC and FBP will be calculated from the above
3. Proportionate calculation has to be done based on the following rules
a. Start of date can be either 1st Apr 2021 or date of joing which is later
b. End date can be 31st mar 2022 or date of leaving which ever is earlier
1. The number of components and component behaviour changes from client to client
2. These are the components which is defined as fixed
3. These fields can not be editable any point of time
4. Flexible is total of all Flexible components
Salary Summary
Comp 1
Comp 2
Comp 3
Comp 4
Comp 5
Total
Components Outside
Flexible FBP for next 12
Component Monthly Months
Comp 1
Comp 2
Total
ry
FBP
at latest revision
Proportionate
amount for the
current financial Proportionate amount for
year with out LOP Amount for the the current financial year
considering LOP financial Year considering LOP
Proportionate
amount for the
Components
current financial Outside CTC Proportionate amount for
year with out LOP Amount for the the current financial year
considering LOP financial Year considering LOP
is entered, it will be multiplied by 12 and shown in the "FBP for next 12 Months"
e for calculation
nate to be calculated or not for annual component will have to be configured
opulated after the month process
be amount type or formula type
onents can be edited has to be configured
ount to be calculated depending on the change in plan month
on has to be done based on the following rules
ther 1st Apr 2007 or date of joing which is later
mar 2007 or date of leaving which ever is earlier
If more than one revision is available then all the revision will show on asc
1. The financial year can be either from Apr to Mar or Jan to Dec
2. Depending on the effective date of revision the CTC and FBP will be ca
3. Proportionate calculation has to be done based on the following rules
a. Start of date can be either 1st Apr 2021 or date of joing which is later
b. End date can be 31st mar 2022 or date of leaving which ever is earlier
Balance
Paid Till to be
Date paid
Type of Components
Monthly Component
Yearly Component
Direct Payment
Reimbursement Component
Residual Component
Balance
Paid Till to be
Date paid
These Components can not be edited by employees
he revision will show on ascending order of revision number