Dear Sir, Please guide me, In pvt. Sector Increment calculated on CTC or basic salary . Regards Amod
From India, Vadodara
From India, Vadodara
Dear Amod
It is calculated based on CTC basis.
However, there can be variations, for example, unionised & staff. For unionised it is completely based on the terms of the agreement with the union and for Staff it can be CTC based.
Thanks
From India, Pune
It is calculated based on CTC basis.
However, there can be variations, for example, unionised & staff. For unionised it is completely based on the terms of the agreement with the union and for Staff it can be CTC based.
Thanks
From India, Pune
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Increment calculation.xls