Could you please help me to understand the benefit of structured compensation.
Presently, my company has only 4 components in the salary structure i.e Basic, special allowance, HRA and employer PF
I would like to propose the attached break up and need strong points to convince manager to get it implement.
Please note that ESIC is not applicable as minimum salary more than the limit.

From India, Chennai
Attached Files (Download Requires Membership)
File Type: xls Salary Break Up.xls (29.5 KB, 66 views)

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