Variable Pay in CTC
Variable pay in CTC (Cost to Company) refers to the portion of salary that depends on performance or predefined goals. It may be tied to individual targets, team outcomes, or company profitability. Unlike fixed pay, variable pay is not guaranteed and can vary each payout period.
Recruitment
Recruitment refers to the steps a company takes to identify and hire suitable candidates for open roles. It includes job postings, screening applications, interviewing, and making offers. Effective recruitment helps organizations build skilled and productive teams.
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