I thank all of you for posting such detailed information with respect to salary breakup. I had these doubts for a very long time and I am happy to get it clarified. Regards
From India, Madras
From India, Madras
I am senior mechanical engineer
my total anual salary is 360000
so i want to know my how to make of salary strucutre monthly
also send format monthaly salary slip
also send format of monthaly base salary strucutre,
please reply,immediately,
thanking you,
awaiting to your reply
dinesh panchal
From India, Ahmadabad
my total anual salary is 360000
so i want to know my how to make of salary strucutre monthly
also send format monthaly salary slip
also send format of monthaly base salary strucutre,
please reply,immediately,
thanking you,
awaiting to your reply
dinesh panchal
From India, Ahmadabad
Dear Mr. Dinesh,
Your monthly salary structure may be like this -
Basic salary - 15000
HRA - 7500
CCA - 800
Other All. - 5450
Gross Salary - 28750
Medical Reimbursement - 1250
Monthly Salary - 30000
But if it is in terms of CTC then it may attract other attributes also, like employer's PF contribution, Bonus, Gratuity & others if any indirect cost.
Regards,
Amit seth.
From India, Ahmadabad
496Your monthly salary structure may be like this -
Basic salary - 15000
HRA - 7500
CCA - 800
Other All. - 5450
Gross Salary - 28750
Medical Reimbursement - 1250
Monthly Salary - 30000
But if it is in terms of CTC then it may attract other attributes also, like employer's PF contribution, Bonus, Gratuity & others if any indirect cost.
Regards,
Amit seth.
From India, Ahmadabad
Hi Friends,
As i referred some people discussed about salary break ups, in that i saw PF is 12% on gross i gree for that but ESI is they mentioned 4.75% on gross as i know in my company deducting ESI 1.75% on gross now i am in confussione which one is correct. Immedaiat reply plesssssssssssssssss
gujuala.
From India, Bangalore
As i referred some people discussed about salary break ups, in that i saw PF is 12% on gross i gree for that but ESI is they mentioned 4.75% on gross as i know in my company deducting ESI 1.75% on gross now i am in confussione which one is correct. Immedaiat reply plesssssssssssssssss
gujuala.
From India, Bangalore
Dear Gujuala,
First of all PF is calculated @12% of Basic salary not on Gross.
Actually in the salary annexure it must be in terms of the CTC, where they have shown employer's contribution towards PF & ESIC.
Employer's ESIC contribution is 4.75% of Gross salary. 1.75% contribution is of the employee side.
Regards,
Amit Seth.
From India, Ahmadabad
First of all PF is calculated @12% of Basic salary not on Gross.
Actually in the salary annexure it must be in terms of the CTC, where they have shown employer's contribution towards PF & ESIC.
Employer's ESIC contribution is 4.75% of Gross salary. 1.75% contribution is of the employee side.
Regards,
Amit Seth.
From India, Ahmadabad
Hi,
Find below the sample format of the Appointment Letter-
Appointment letter
____/HRD/____
19th November 2006
Mr. ___________
______________
______________
Dear Mr.________,
With reference to your application and subsequent interview with us, we are pleased to appoint you as Designation in our organization on the following terms and conditions.
Date of Joining: You have joined us on 13th November 2006.
Salary: Your Annual Total Employment Cost to the company would be __________ (___________ rupees), the details of which is been given in the Annexure attached below.
Place/Transfer: Your present place of work will be at ________, but during the course of the service, you shall be liable to be posted / transferred anywhere to serve any of the Company's Projects or any other establishment in India or outside, at the sole discretion of the Management.
Probation/Confirmation: You will be on a Probation period for the Six months. Based on your performance your services will be confirmed with the company in written after six months.
During the probation period your services can be terminated with seven days notice on either side and without any reasons whatsoever. If your services are found satisfactory during the probation period, you will be confirmed in the present position and thereafter your services can be terminated on one month’s notice on either side.
Absence for a continuous period of ten days without prior approval of your superior, (including overstay on leave / training) would result in your losing your lien on the service and the same shall automatically come to an end without any notice or intimation.
Leave: You will be eligible to the benefits of the Company’s Leave Rules on your confirmation in the Company’s Service.
During the period of your employment with the Company, you will devote full time to the work of the Company. Further, you will not take up any other employment or assignment or any office, honorary or for any consideration, in cash or in kind or otherwise, without the prior written permission of the Company.
1. You will not (except in the normal course of the Company's business) publish any article or statement, deliver any lecture or broadcast or make any communication to the press, including magazine publication relating to the Company's products or to any matter with which the Company may be concerned, unless you have previously applied to and obtained the written permission from the Company.
2. You will be required to maintain utmost secrecy in respect of Project documents, commercial offer, design documents, Project cost & Estimation, Technology, Software packages license, Company’s polices, Company’s patterns & Trade Mark and Company’s Human assets profile.
3. You will be required to comply with all such rules and regulations as the Company may frame from time to time.
4. Any of our technical or other important information which might come into your possession during the continuance of your service with us shall not be disclosed, divulged or made public by you even thereafter.
5. If at any time in our opinion, which is final in this matter you are found non- performer or guilty of fraud, dishonest, disobedience, disorderly behavior, negligence, indiscipline, absence from duty without permission or any other conduct considered by us deterrent to our interest or of violation of one or more terms of this letter, your services may be terminated without notice and on account of reason of any of the acts or omission the company shall be entitled to recover the damages from you.
6. You will not accept any present, commission or any sort of gratification in cash or kind from any person, party or firm or Company having dealing with the company and if you are offered any, you should immediately report the same to the Management.
7. This appointment letter is being issued to you on the basis of the information and particulars furnished by you in your application (including bio-data), at the time of your interview and subsequent discussions. If it transpires that you have made a false statement (or have not disclosed a material fact) resulting in your being offered this appointment, the Management may take such action as it deems fit in its sole discretion, including termination of your employment.
8. You will be responsible for safekeeping and return in good condition and order of all Company property, which may be in your use, custody or charge.
Please sign and return to the undersigned the duplicate copy of this letter signifying your acceptance.
We welcome you to The ________ family and look forward to a fruitful collaboration.
With best wishes,
For, Company name
Name:
Designation
From India, Ahmadabad
Find below the sample format of the Appointment Letter-
Appointment letter
____/HRD/____
19th November 2006
Mr. ___________
______________
______________
Dear Mr.________,
With reference to your application and subsequent interview with us, we are pleased to appoint you as Designation in our organization on the following terms and conditions.
Date of Joining: You have joined us on 13th November 2006.
Salary: Your Annual Total Employment Cost to the company would be __________ (___________ rupees), the details of which is been given in the Annexure attached below.
Place/Transfer: Your present place of work will be at ________, but during the course of the service, you shall be liable to be posted / transferred anywhere to serve any of the Company's Projects or any other establishment in India or outside, at the sole discretion of the Management.
Probation/Confirmation: You will be on a Probation period for the Six months. Based on your performance your services will be confirmed with the company in written after six months.
During the probation period your services can be terminated with seven days notice on either side and without any reasons whatsoever. If your services are found satisfactory during the probation period, you will be confirmed in the present position and thereafter your services can be terminated on one month’s notice on either side.
Absence for a continuous period of ten days without prior approval of your superior, (including overstay on leave / training) would result in your losing your lien on the service and the same shall automatically come to an end without any notice or intimation.
Leave: You will be eligible to the benefits of the Company’s Leave Rules on your confirmation in the Company’s Service.
During the period of your employment with the Company, you will devote full time to the work of the Company. Further, you will not take up any other employment or assignment or any office, honorary or for any consideration, in cash or in kind or otherwise, without the prior written permission of the Company.
1. You will not (except in the normal course of the Company's business) publish any article or statement, deliver any lecture or broadcast or make any communication to the press, including magazine publication relating to the Company's products or to any matter with which the Company may be concerned, unless you have previously applied to and obtained the written permission from the Company.
2. You will be required to maintain utmost secrecy in respect of Project documents, commercial offer, design documents, Project cost & Estimation, Technology, Software packages license, Company’s polices, Company’s patterns & Trade Mark and Company’s Human assets profile.
3. You will be required to comply with all such rules and regulations as the Company may frame from time to time.
4. Any of our technical or other important information which might come into your possession during the continuance of your service with us shall not be disclosed, divulged or made public by you even thereafter.
5. If at any time in our opinion, which is final in this matter you are found non- performer or guilty of fraud, dishonest, disobedience, disorderly behavior, negligence, indiscipline, absence from duty without permission or any other conduct considered by us deterrent to our interest or of violation of one or more terms of this letter, your services may be terminated without notice and on account of reason of any of the acts or omission the company shall be entitled to recover the damages from you.
6. You will not accept any present, commission or any sort of gratification in cash or kind from any person, party or firm or Company having dealing with the company and if you are offered any, you should immediately report the same to the Management.
7. This appointment letter is being issued to you on the basis of the information and particulars furnished by you in your application (including bio-data), at the time of your interview and subsequent discussions. If it transpires that you have made a false statement (or have not disclosed a material fact) resulting in your being offered this appointment, the Management may take such action as it deems fit in its sole discretion, including termination of your employment.
8. You will be responsible for safekeeping and return in good condition and order of all Company property, which may be in your use, custody or charge.
Please sign and return to the undersigned the duplicate copy of this letter signifying your acceptance.
We welcome you to The ________ family and look forward to a fruitful collaboration.
With best wishes,
For, Company name
Name:
Designation
From India, Ahmadabad
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Gross Salary(1).xls