1. #1
    Unregistered

    Different components of CTC in Wipro? What is Wipro benefits package?

    Hi,

    Can someone tell me the different components of the CTC in Wipro? I hear there is something called as the Wipro benefits package? Whats this?

  2. #2
    VonsVishakha Array
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    Re: Different components of CTC in Wipro? What is Wipro benefits package?

    Hello friend,

    every company offers some component of you package as performance pay . It entirely depends on how you perform, which city you are residing etc.


    It is a percentage of your basic salary. Similar is the concept of Wipro benefits package.

    Thanks

  3. #3
    Puru Thaman Array
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    Smile Re: Different components of CTC in Wipro? What is Wipro benefits package?

    haI,



    _)_You May Check The Following Details_)_




    *Wipro Salary Package*



    1. Salary Package 3.5 L.P.A (27k-30k P.A),

    2. Salary Package 3.1 L.P.A (22k-25k P.A),

    3. Salary Package 2.4 L.P.A (18k-20k P.A).



    _)_After Completion of the Successful Training you will be Placed in any of the above Salary Package_)_



    _)_Based on your Performance in Training you will get the Salary Ranges as mentioned above_)_





    _)(_Thanks_)(_

  4. #4
    Raajkumar Array
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    Re: Different components of CTC in Wipro? What is Wipro benefits package?

    Hello guest,
    CTC is the cost to the company, it is the amount of money spent on you by the company.
    It is same as the Wipro package, the salary differs from the individulas depending upon the performance of the individual.
    You need to perform well and get good grade to get more salary.
    This is the variable pay. it is depending upon the two components, one is the companys performance and the other is the individual performance.
    The company performance index is same for all the employees.
    The individual performance varies depending upon your performance.
    thank you

  5. #5
    Ravi Kiran Mohapatra Array
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    Re: Different components of CTC in Wipro? What is Wipro benefits package?

    HI,


    CTC is the cost to the company, it is the amount of money spent on you by the company.
    It is same as the Wipro package, the salary differs from the individulas depending upon the performance of the individual.
    You need to perform well and get good grade to get more salary.
    This is the variable pay. it is depending upon the two components, one is the companys performance and the other is the individual performance.



    HOPE THIS WAS HELPFUL!!!!!
    GOOD LUCK!!

  6. #6
    prabhu Array
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    Cool Re: Different components of CTC in Wipro? What is Wipro benefits package?

    Hi,Below are the list of Wipro CTC Components :
    Salary Components 1. BASIC
    2. HOUSE RENT ALLOWANCE
    3. COMMUTATION ALLOWANCE
    4. WIPRO BENEFITS PLAN
    5. PROVIDENT FUND
    6. GRATUITY
    7. MEDICAL
    8. QPLC
    Basic : Basic salary for your designationHRA : House Rent allowance provided for housing facility for residenceCA : Some part is provided as CA amount in salary WBP : WBP includes various allowances & Reimbursements . It includes additional HRA, Leave Travel Allowance , Education allowance . Few are Non- Taxable and few are Taxable PF : Deducted monthly and will be provided after resignation or retirement Gratuity : Deducted monthly and will be provided after resignation or retirementMedical : Deducted monthly so that you can avail medical expenses upto a limit QPLC : This is applicable only if your billable in a project @@@@Thanks

  7. #7
    Labournet Law Consultancy Array
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    Re: Different components of CTC in Wipro? What is Wipro benefits package?

    CTC means cost to the company. CTC includes the following


    1. Basic salary

    2. DA

    3. House Rent Allowance

    4. Incentives

    5. Wipro Benefits Plan

    6. PF employer contribution

    7. ESI employee contribution

    8. Accident Cover

    9. Insurance Cover

    10. Gratuity

    11. Traveling allowance

    12. Medical Allowance

    13. Annual Bonus

    14. LTA

    15. & other allowances


  8. #8
    vijaybanna Array
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    Re: Different components of CTC in Wipro? What is Wipro benefits package?

    Dear Friend

    CTC is the Cost to Company..it include all the amount the company have to bear in behalf of the employee..

    The CTC generally include various amounts ,some of them are

    -=-Basic Salary
    -=-House Rent Allowance
    -=-Travelling Allownace
    -=-Medical Allowance
    -=-DA
    -=-PF
    -=-Gratuity
    -=-Annual Bonus
    -=-Insurance cover
    -=-Accidental cover
    -=-Performance based bonus..

    But you get in hand salary after the deduction of all the amounts like PF,Gratuity,Tax etc..

    Wipro is a very good company you will get min. 2.4 ctc to 3.6 ctc at the starting which will increase furhter..

    ALL THE BEST

  9. #9
    Amit Kumar Pal Array
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    Re: Different components of CTC in Wipro? What is Wipro benefits package?

    Originally posted by "Unregistered"
    Different components of CTC in Wipro? What is Wipro benefits package?

    Dear Aspirant,

    CTC means cost to the company, basically it is the money which company spent upon you.CTC means cost to the company. Your CTC is depending upon two major thing one is your performance and other is company. Is same either Wipro package or CTC etc.

    CTC Components:-

    1. Incentives

    2. PF (Provident Fund)

    3. House Rent Allowance

    4. Wipro Benefits Plans

    5. Basic salary

    6. Accident Cover

    7. ESI

    8. Medical Facilities

    9. Insurance Cover

    10. Annual Bonus

    11. Traveling Facilities etc.

  10. #10
    Chittaranjan Array
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    Re: Different components of CTC in Wipro? What is Wipro benefits package?

    Dear sir,ctc means cost to the company for an employee compensated for all purposes by the company.These costs are as follows.

    1.Basic pay
    2.D.A.
    3.H.R.A.
    4.C.C.A
    5.P.F.contribution.
    6.gratuity
    7.Medical allowance
    8.Travelling allowance.
    9.proportonate cost of Training.
    10.& other allowances bear/paid by the company for the welfare of employee.

    Thank you,

  11. #11
    ealp Array
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    Re: Different components of CTC in Wipro? What is Wipro benefits package?

    First you are to under stand what is ctc.CTC means cost to the company who works in favour of the company for the profit and loss of the company.Now employer provide ctc in exchange of employees work toward company on various grounds,these are called different components like:

    1.Basic pay.
    2.D.A,
    3.HRA
    4.CCA
    5.Training cost.
    6.Travelling allowance.
    7.Medical Bill.
    8.transportation allowance.
    9.Gratuity
    1o.Pf
    11.Insurance cover.
    12 & so many allowances.

    All are company's cost toward each employee,these are the wipro's benefits package.

    Thank you,

  12. #12
    Boss Array
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    Re: Different components of CTC in Wipro? What is Wipro benefits package?

    CTC is that the price to the corporate, it's the number of cash spent on you by the corporate.
    it's same because the Wipro package, the earnings differs from the individuals relying upon the performance of the individual.
    you wish to perform well and obtain sensible grade to induce a lot of earnings.
    this can be the variable pay. it's relying upon the 2 elements, one is that the companies performance and also the alternative is that the individual performance.
    CTC is that the price to the corporate, it's the number of cash spent on you by the corporate.
    it's same because the Wipro package, the earnings differs from the individulas relying upon the performance of the individual.
    you wish to perform well and obtain sensible grade to induce a lot of earnings.
    this can be the variable pay. it's relying upon the 2 elements, one is that the companys performance and also the alternative is that the individual performance.
    the corporate performance index is same for all the staff.
    The individual performance varies relying upon your performance.

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