CTC stands for Cost-to-Company, and it's a human resources metric that represents the total amount of money a company spends on an employee in a year. This includes the employee's salary, benefits, taxes, and other costs. CTC is different from an employee's take-home pay, which is the amount they receive after taxes and deductions are applied. CTC is often included in job postings and offer letters to show the total compensation an employee will receive.
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