CTC
No signupSalary Calculator
Break down an annual CTC into basic, HRA, deductions, and estimated monthly in-hand salary.
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Employee Cost Calculator
Work out the true cost of hiring someone - gross salary plus employer PF, ESI, gratuity, and bonus.
About this calculator
The salary you offer isn't the full cost of an employee - employer PF, ESI (if applicable), gratuity accrual, and statutory bonus all add on top. This calculates the real monthly and annual cost to company from a gross salary figure.
Good to know
Frequently asked questions
Why is CTC higher than the gross salary I'm offering?
CTC includes employer-side contributions that never show up in the employee's payslip as cash - employer PF (12% of Basic), ESI (3.25% of gross, if eligible), gratuity accrual (~4.81% of Basic), and statutory bonus.
When does ESI apply?
ESI applies when an employee's gross monthly wage is ₹21,000 or below. Above that threshold, neither employee nor employer contributes to ESI.
Is gratuity really paid every month?
No - gratuity is only paid out on exit (after 5+ years of service, per the Payment of Gratuity Act), but it's standard practice to accrue it monthly as a cost-to-company line item.
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