Hi, I am Shree Chopra, I have been appointed as an HR in IT company, we are located in Karnataka. I was assigned on components of Salary, I was looking for brief knowledge on the same.
From India, Trivandrum
From India, Trivandrum
Dear Colleague,
The following are the key components of Salary Structure and based on your Compensation and Benefits Policy you may include any other Attractive Allowances, Perks etc.
CTC or Cost to Company
Basic Salary
Allowances
Bonus
Provident Fund (PF)
Insurance
Tax
Net Salary
Gross Salary
Kindly go through the below article for a basic understanding in a simpler form on CTC:
https://www.monsterindia.com/career-...ents-7991.html
From India, Chennai
309The following are the key components of Salary Structure and based on your Compensation and Benefits Policy you may include any other Attractive Allowances, Perks etc.
CTC or Cost to Company
Basic Salary
Allowances
Bonus
Provident Fund (PF)
Insurance
Tax
Net Salary
Gross Salary
Kindly go through the below article for a basic understanding in a simpler form on CTC:
https://www.monsterindia.com/career-...ents-7991.html
From India, Chennai
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SALARY CAN BE SPLIT INTO COMPONENTS BUT NOT LESS THAN THE MINIMUM WAGES.docx