please some one reply
if an employee take increment (yearly increment which is as per company policy )is the amount will add to his basic salary or add to his allowances.
awaiting to your swift response
thank you
From Kuwait
if an employee take increment (yearly increment which is as per company policy )is the amount will add to his basic salary or add to his allowances.
awaiting to your swift response
thank you
From Kuwait
7
Hi, It Depends on the company policy to distribute the amount in diffrent heads. If we still dont have any policy can go throug the past records. Thanks, Rahul Sethi
From India, Delhi
From India, Delhi
Hi, An increment would lead to modification of the Basic & other allowances which are the components of the salary structure as per the company norms. Regards Aparna HR Professional
From India, Gurgaon
From India, Gurgaon
Dear zahra_akhtari,
You can distribute the Annual increment among Basic, DA, HRA and other allowances if any. You can add approx 25% of increment in Basic and remaining 75% may be distributed among DA, HR & other allowances. If you provide me your company salary structure, I will be able to suggest the distribution ratio.
Regards,
MSP Bash
From India, Hyderabad
You can distribute the Annual increment among Basic, DA, HRA and other allowances if any. You can add approx 25% of increment in Basic and remaining 75% may be distributed among DA, HR & other allowances. If you provide me your company salary structure, I will be able to suggest the distribution ratio.
Regards,
MSP Bash
From India, Hyderabad
hi Normally the word increment relates to Basic If there is increase in other allowances, we refer to that as revision If you talk about increment. add it to basic Siva
From India, Chennai
From India, Chennai
Dear assalam aliqum Any annual increment will increase in basic and may also increase in other allowances. This will vary from organisation to organisation. Regards saquib
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
INCREMENT LETTER.doc