hi all,
have received a appt letter stating basic salary being 6000 per month and its says pay scale of 6000-150-7200-200-8800 with 80% allowance. Can anyone explain what does this mean... in simple form.... what will the person's total salary be for a month.. in this case..
Regards
RV Kulkarni
From India, Belgaum
have received a appt letter stating basic salary being 6000 per month and its says pay scale of 6000-150-7200-200-8800 with 80% allowance. Can anyone explain what does this mean... in simple form.... what will the person's total salary be for a month.. in this case..
Regards
RV Kulkarni
From India, Belgaum
Hi,
6000-150-7200-200-8800
( This is your scale and its depends on your grade ( Executive, Sr Executive or Manager belong to various grades)
Explanation
Start is 6000
Every year for 8 years your basic salary shall increment by Rs 150/ year.( till it reaches 7200)
Year 1 : 6000 + 150 = 6150
Year 2 : 6150 + 150 = 6300
Year 3 : 6300 + 150 = 6450
Year 4 : 6450 + 150 = 6600
Year 5 : 6600 + 150 = 6750
Year 6 : 6750 + 150 = 6900
Year 7 : 6900 + 150 = 7050
Year 8 : 7050 + 150 = 7200
Hence the first is a SPAN of 8 years
After you reach 7200
Again for eight years your basic salary shall increment by Rs 200/ year.( till it reaches 8800)
Calculate in similar way for the 7200 to 8800.
Hence the second again is a SPAN of 8 years
After you reach 8800, According to me you shall be put in a new grade.
TOTAL SPAN : 16 years.
THIS ONLY SPEAKS OF YOUR BASIC SALARY AND NOT OTHER COMPONENTS OF SALARY (e,g HRA, MEDICAL ) therefore one cannot ascertain your Total Salary from this.
From India, Mumbai
Contributing Member
746000-150-7200-200-8800
( This is your scale and its depends on your grade ( Executive, Sr Executive or Manager belong to various grades)
Explanation
Start is 6000
Every year for 8 years your basic salary shall increment by Rs 150/ year.( till it reaches 7200)
Year 1 : 6000 + 150 = 6150
Year 2 : 6150 + 150 = 6300
Year 3 : 6300 + 150 = 6450
Year 4 : 6450 + 150 = 6600
Year 5 : 6600 + 150 = 6750
Year 6 : 6750 + 150 = 6900
Year 7 : 6900 + 150 = 7050
Year 8 : 7050 + 150 = 7200
Hence the first is a SPAN of 8 years
After you reach 7200
Again for eight years your basic salary shall increment by Rs 200/ year.( till it reaches 8800)
Calculate in similar way for the 7200 to 8800.
Hence the second again is a SPAN of 8 years
After you reach 8800, According to me you shall be put in a new grade.
TOTAL SPAN : 16 years.
THIS ONLY SPEAKS OF YOUR BASIC SALARY AND NOT OTHER COMPONENTS OF SALARY (e,g HRA, MEDICAL ) therefore one cannot ascertain your Total Salary from this.
From India, Mumbai
Contributing Member
Dear Kulkarni,
It can also go like this, starting with Rs.6000 as basic and your increment is fixed at Rs.150/- (single increment). Based on your performance the management can either give one increment (ie.Rs.150/-) or two increment (ie. Rs.300/- and go on till you reach Rs.7200/-. Once you cross Rs.7200/- you will fall into the next slab of Rs.200/- increment. And to ascertain the salary your basic pay is Rs.6000/- and allowances at 80% which is 80% of Rs.6000/- (ie Rs.4800/-). so Nowyour Total emoluments will be Rs.6000/- + Rs.4800/- = Rs.10,800/- per month.
Hope this is clear.
Thanks
Sreekumar.N
From India, Madras
Contributing Member
It can also go like this, starting with Rs.6000 as basic and your increment is fixed at Rs.150/- (single increment). Based on your performance the management can either give one increment (ie.Rs.150/-) or two increment (ie. Rs.300/- and go on till you reach Rs.7200/-. Once you cross Rs.7200/- you will fall into the next slab of Rs.200/- increment. And to ascertain the salary your basic pay is Rs.6000/- and allowances at 80% which is 80% of Rs.6000/- (ie Rs.4800/-). so Nowyour Total emoluments will be Rs.6000/- + Rs.4800/- = Rs.10,800/- per month.
Hope this is clear.
Thanks
Sreekumar.N
From India, Madras
Contributing Member
I think this type of scale structure normally used in Government. And the sweta has expained very short and practically so, thanks to Sweta. Br, Rohit Rana
From India
From India
Hi
The amount after your basic is shown your increment amount (either single or double) till you reach to your next level
e.g. starting basic Rs. 6000-150-7200 --- Your next incremental amount will change only after you reach 7200
Hope it is clear to you.
Regards
LK
From India, Madras
Contributing Member
The amount after your basic is shown your increment amount (either single or double) till you reach to your next level
e.g. starting basic Rs. 6000-150-7200 --- Your next incremental amount will change only after you reach 7200
Hope it is clear to you.
Regards
LK
From India, Madras
Contributing Member
Hi Sree,
Thanks.. for your information.. The above you have said is absolutely correct in this case.. I personally got it clarified from the Management about this structure and their reply was also the same as what you have explained.. The scale is structured from a Society which manages a COllege here... So they have this type of pay structure...
Thanks once again for your insight..
Regards
RV..
From India, Belgaum
Thanks.. for your information.. The above you have said is absolutely correct in this case.. I personally got it clarified from the Management about this structure and their reply was also the same as what you have explained.. The scale is structured from a Society which manages a COllege here... So they have this type of pay structure...
Thanks once again for your insight..
Regards
RV..
From India, Belgaum
Hi Guys,
Can anyone explain this,
-------------------
Rs.15600-39100 (PB No.3) Grade Pay Rs. 5400
Gross pay P.M. at minimum of the scale:
Rs. 30,450/- + HRA, Transport Allowance etc.
-------------------
At the minimum, the basic will be 15,600. So how does gross become 30,450. I'm assuming the gross includes the DA only because they talk about HRA, transport, etc. separately. So is DA almost 100% of basic?
I could be wrong, please clarify.
Thanks,
Nagesh
From India
Can anyone explain this,
-------------------
Rs.15600-39100 (PB No.3) Grade Pay Rs. 5400
Gross pay P.M. at minimum of the scale:
Rs. 30,450/- + HRA, Transport Allowance etc.
-------------------
At the minimum, the basic will be 15,600. So how does gross become 30,450. I'm assuming the gross includes the DA only because they talk about HRA, transport, etc. separately. So is DA almost 100% of basic?
I could be wrong, please clarify.
Thanks,
Nagesh
From India
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.