CTC-Based Third-Party Payroll Outsourcing: What It Means for Your Budget and Bottom Line
Third-party payroll outsourcing is gaining serious traction among start-ups, SMEs, and even large enterprises. But one question that often pops up is:
“How exactly do Third-party payroll partners charge?”
The answer? Most professional Third-party payroll outsourcing firms—including Exertion HR Solutions Pvt. Ltd.—follow a CTC-based pricing model.
If you’re unfamiliar with this structure, don’t worry. In this blog, we’ll break it down simply—so you understand what you’re paying for, how it’s calculated, and why it’s a smart financial move for your business.
💰 What Is CTC-Based Third-Party Payroll Outsourcing?
CTC (Cost to Company) is the total amount a company spends on an employee—including basic salary, benefits, bonuses, and statutory contributions.
In CTC-based third-party payroll outsourcing, your payroll partner charges a fixed percentage of each employee’s CTC to manage end-to-end HR and compliance operations for that employee.
🧾 What’s Included in the Fee?
That one small percentage typically covers:
- Drafting offer & appointment letters
- Onboarding and document collection
- Salary processing & TDS calculations
- PF, ESIC, PT, LWF registration, and monthly filings
- UAN and KYC support
- Payslip generation and tax forms
- Full & final settlements
- Experience letter and Form 16 issuance
- Monthly reports and audit-ready registers
- Monthly/ Annual Returns as per other acts applicability.
📌 In short: You’re not just paying for payroll—you’re paying for a complete HR operations and compliance package, too.
💡 Why This Model Makes Budgeting Easy
1. No Surprise Costs
You always know exactly what you’ll pay each month based on your headcount and their CTCs.
2. No HR Team Overheads
You avoid costs related to hiring payroll staff, buying payroll software, and staying up to date with changing laws.
💼 Is It Worth It?
Yes – especially if:
- You’re a growing business hiring in bulk
- Your HR team is already stretched
- You want clean, compliant processes without overhead
- You’d like to plan your budget better month-on-month
🔍 In Summary
CTC-based third-party payroll outsourcing is not just transparent—it’s efficient, scalable, and affordable. For a small percentage of each employee’s cost, you get a full-service third-party payroll team that ensures accuracy, compliance, and peace of mind.
With Exertion HR Solutions Pvt. Ltd. as your third-party payroll partner, you’re not just outsourcing a task—you’re optimizing your operations and protecting your bottom line.
Simple pricing. Seamless service. Smarter HR.
For more information, visit our website: Service – EXERTION HR SOLUTIONS PVT. LTD.
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