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Variable pay in relation to CTC for organizations across India 2018 by sector

According to a survey, in fiscal year 2018 the financial services sector in India reported the highest average variable pay in relation to the cost of company (CTC) at 20.4 percent. Cost to company (CTC) is a term for the total salary of an employee. It indicates the total amount of expenses an employer (organization) spends on an employee during one year.

Average variable pay in relation to cost to company (CTC) for organizations across India in FY 2018, by sector

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Release date

April 2018



Survey time period

FY 2018

Number of respondents

248 respondents

Method of interview

Online survey

Supplementary notes

Methodology is explained on page 3 and the participant profile is explained on page 5 of the report.

India's financial year begins in April and ends in March. For example, FY 2017 started in April 2016 and ended in March 2017.

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