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Q: What is the difference between CTC (Cost-to-Company), Gross Salary and Net Salary?

  • Nikita Pandey
  • Jul 23, 2023

1 Answers

A:

CTC represents a company's expenditure on an employee, while Gross Salary refers to the total amount a company pays to an employee before deductions, whereas Net Salary is the actual amount an employee receives after deductions.

  • Kritika Sharma
  • Jul 23, 2023

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What is employee attrition?

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A:

Employee attrition is when employees leave an organization and are replaced slowly, or not replaced immediately.

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The employee cannot see the sign-in option in the ESS portal due to two possible reasons: either the employee is not enrolled in the leave scheme or has not been assigned to any shift.

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What is Form U?

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Form U contains the names of those people who occupy the positions of classified character in an establishment.

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The restrictions depend on the country, region, and specific laws, however, some general are:

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A:

Although there is no obligation with the employer to have different compensation for different shifts, it depends on the organization’s policies.

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