Hi friends I am working for a small sized financial services organization. It is only 2yrs old organization with 10 employees presently. I need to design a salary structure. Please help. Thanks
From India, Delhi
From India, Delhi
Hi ekta its designing a salary structure is preety simple and demands just a small calculation- put certain percentage as basic salary, then dearness allowance and remaining as house rent allowance or someting relevant. For eg 10,000 can be broken down to 80:15:5.
Hope this is what u were lukin.
Anish
From Nepal, Kathmandu
Hope this is what u were lukin.
Anish
From Nepal, Kathmandu
Dear Ekta,
Greetings for the day!!!
pls check the below mentioned percentages for designing salary structure:
Basic = 50% of the salary
HRA = 50% of the Basic salary
Conveyance = 800 per month
Education = It is based on employee grade
Performance commission = to balance off the gross
you can put Special allowance in your salary structure
and pf goes optional if your basic salary is equal to or more than 6500/- then its on the discreation of company to deduct the pf or not as pf contribution includes equal part from company side.
From India, New Delhi
Greetings for the day!!!
pls check the below mentioned percentages for designing salary structure:
Basic = 50% of the salary
HRA = 50% of the Basic salary
Conveyance = 800 per month
Education = It is based on employee grade
Performance commission = to balance off the gross
you can put Special allowance in your salary structure
and pf goes optional if your basic salary is equal to or more than 6500/- then its on the discreation of company to deduct the pf or not as pf contribution includes equal part from company side.
From India, New Delhi
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