🟡CTC Calculator

CTC Calculator

This guide explains how to create a CTC Template, create an Offer Letter for it in HR Letters, and link the two so the Offer Letter includes the CTC annexure.

How to Create the CTC Template?

Path: Cloud > Settings > Recruitment V2 > CTC Calculator

Step 1: Log in to the Cloud portal, go to Settings, open Recruitment V2,

and select CTC Calculator.

Step 2: Click + New to open the CTC Process window.

Enter the Name and Salary Range, then save.

(You will come back to this window's Body and Generate CTC in Stage 3.)

Step 3: Back on the CTC Calculator list, find the template you just created and, click the Settings icon in the Action column.

Step 4: On the CTC Template screen, use Add Component and Add Section to define the salary structure (setting each component's Nature, Type, and Fixed Value), then save.

Path Link: https://cloud.pockethrms.com/Recruitment/RecruitmentV2/Index?module=RecruitmentV2&submodule=CTC%20Calculator#

How To Create Offer Letter and Link the CTC Template?

Path: Cloud > Settings > HR > HR - Letter

Step 1: From the main page, go to Settings, open the HR tab, and select HR – Letter, Click the + button in the top-right corner to open the HR Letter setup window.

Step 2: Under Letter Settings, set the Type to CTC Template, then choose the CTC template you created. (A letter type can be linked to different templates, and a template to different letters.)

Step 3: Enter the Subject, and select the Sender from the Sender dropdown.

Step 4: In the editor, add the letter content — type it in, or use Open to import it from your files.

Step 5: Click Save.

Path Link: https://cloud.pockethrms.com/Settings/Employee/Index?module=hr&submodule=HRLetter

How to Generate and Add the CTC Annexure?

Path: Cloud > Settings > Recruitment V2 > CTC Calculator

Step 1: Go back to CTC Calculator, find your template, and click the Edit icon in the Action column. This opens the CTC Process window.

Step 2: In the Select CTC Template dropdown, choose the HR Letter you created (for example, Test CTC Template).

Step 3: Click Once inside the body to place the cursor (Important), Click Generate CTC, then Generate CTC Table. The CTC table (Annexure I cost-to-company) is generated in the Body.

Step 4: Copy the entire generated CTC table.

Step 5: Go back to HR - Letter, open your letter, and paste the CTC table into the Body where you want it to appear, and Click Update.

Path Link: https://cloud.pockethrms.com/Recruitment/RecruitmentV2/Index?module=RecruitmentV2&submodule=CTC%20Calculator

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