Define: "CTC / Cost to Company" in Business
High risk of unnecessary meetings
"Only look at the base salary. You cannot pay your mortgage with mandatory compliance vouchers and forced wellness seminars."
The total amount an organization spends on an employee including salary, benefits, and overhead.
What does "CTC / Cost to Company" actually mean?
"The inflated number HR uses to camouflage your stagnant base salary by factoring in the mandatory CASP+ renewal voucher you had to beg for."
"Your total CTC encompasses your base salary, healthcare premiums, and wellness benefits."
"They tried to justify my zero percent merit increase by pointing out my CTC went up because of the new enterprise Zoom license."
By The Chief Waste Officer
18 years in the corporate trenches quantifying waste so you don't have to.
Related Terminology
Tired of hearing this?
Next time someone says "CTC / Cost to Company" in a meeting, track exactly how much company money they just wasted. Play Buzzword Bingo, generate a waste invoice, and stop the bleeding.
