Sir, Hello HRs whats the difference between Salary Slip, Pay slip, CTC & Salary Certificate Regards GVPUJAR
From India, Ambala
From India, Ambala
Dear,
CTC is cost to company, it means after hiring an employee what total cost company will pay to employee for a financial year. That's why it is always expressed in yearly terms.
Salary certificate is just a certificate in which HR declares that during this particular time how much company had paid to employee.
Salary slip is a doc in which ur almost all details regarding ur salary are mentioned like ur salary break up, pan no., DOJ, designation, bank a/c details, leaves avail, how many u have taken, any deduction, pf, esic, it, gratuity, net n gross pay etc.
Pay slip is almost like salary slip. Generally it is issued for temporary purpose like sometime
employee wants to take loan at that time it needed for bank. It is also issued for showing payment to agents, blue collar workers or those employees who r not on payroll of company.
If there is any mistake, pls correct me.
Regards
Sanju Singh
From India, Gurgaon
CTC is cost to company, it means after hiring an employee what total cost company will pay to employee for a financial year. That's why it is always expressed in yearly terms.
Salary certificate is just a certificate in which HR declares that during this particular time how much company had paid to employee.
Salary slip is a doc in which ur almost all details regarding ur salary are mentioned like ur salary break up, pan no., DOJ, designation, bank a/c details, leaves avail, how many u have taken, any deduction, pf, esic, it, gratuity, net n gross pay etc.
Pay slip is almost like salary slip. Generally it is issued for temporary purpose like sometime
employee wants to take loan at that time it needed for bank. It is also issued for showing payment to agents, blue collar workers or those employees who r not on payroll of company.
If there is any mistake, pls correct me.
Regards
Sanju Singh
From India, Gurgaon
salary slip contains the details of head under which the salary paid to emplyee, where as pay slip only reflects the total sum of amount paid to employee,
CTC is Cost to Compay, shown per month and Per year,
Salary certificates is issued by employeer to emplyees on demand for sumbission of onward to any other institutions.
Chandra
From India, Mumbai
CTC is Cost to Compay, shown per month and Per year,
Salary certificates is issued by employeer to emplyees on demand for sumbission of onward to any other institutions.
Chandra
From India, Mumbai
Hi Sanju,
There is a small correction. Salary slip and Payslip are almost same. There is no difference. These words can be interchanged. This is the document which defines the monetary value that the company has incurred on an employee during a particular period,
and Blue colored employees are those who performs manual labors and get their hourly wages like mechanics, maintenance workers, building etc. they can be skilled or unskilled where as a white colored worker is a professionally trained employee or a salaried professional who performs mental labor unlike blue collored.
Hope i am clear
From India, Hyderabad
69There is a small correction. Salary slip and Payslip are almost same. There is no difference. These words can be interchanged. This is the document which defines the monetary value that the company has incurred on an employee during a particular period,
and Blue colored employees are those who performs manual labors and get their hourly wages like mechanics, maintenance workers, building etc. they can be skilled or unskilled where as a white colored worker is a professionally trained employee or a salaried professional who performs mental labor unlike blue collored.
Hope i am clear
From India, Hyderabad
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Salary slip final.xls
Salary slip.doc