sir, does anybody tell me formula of computing salary. any attached documen is more prefferd.
From India, Chandigarh
1From India, Chandigarh
HI
Can any one tell me the exact salary calculator for the new year.
Like Basic, Hra. CCA, Medical etc in percentage wise.if it is in doc then it will be more advantage for me.
From India, Visakhapatnam
Can any one tell me the exact salary calculator for the new year.
Like Basic, Hra. CCA, Medical etc in percentage wise.if it is in doc then it will be more advantage for me.
From India, Visakhapatnam
can any one tell me how to calculate the salary of a person like basic pay hr and other allowances in percentage wise
From India, Hyderabad
From India, Hyderabad
Dear Gaurav,
Please find the below attachment for Salary Structure. Further if i explain that structure then i would say that Basic is 50% in Metro Cities and 40% in other cities but in metro cities too sometimes according to companies policies bacis can be between 40 to 50 %.
And in many companies Medical reimburesement and conveyance are fixed 1250 and 800.
HRA is always 50% of basic and special Allowance also 50% of Basic.
LTA is always a basic of one month for a year or basic / 12 so one month LTA will come out.
And PF is 12% of Basic always.
Please see the below attachment and go through with the formula in excel sheet in most of the companies basic (40 to 50%) is decided randomly to come to certain CTC as demanded by the candidate.
For Expample suppose a candidate ask for 25000 CTC then put in basic such amount so that CTC will come out 25000 due to formula in excel sheet. I hope this will help you out, it is in very simple form.
From India, Delhi
Please find the below attachment for Salary Structure. Further if i explain that structure then i would say that Basic is 50% in Metro Cities and 40% in other cities but in metro cities too sometimes according to companies policies bacis can be between 40 to 50 %.
And in many companies Medical reimburesement and conveyance are fixed 1250 and 800.
HRA is always 50% of basic and special Allowance also 50% of Basic.
LTA is always a basic of one month for a year or basic / 12 so one month LTA will come out.
And PF is 12% of Basic always.
Please see the below attachment and go through with the formula in excel sheet in most of the companies basic (40 to 50%) is decided randomly to come to certain CTC as demanded by the candidate.
For Expample suppose a candidate ask for 25000 CTC then put in basic such amount so that CTC will come out 25000 due to formula in excel sheet. I hope this will help you out, it is in very simple form.
From India, Delhi
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.
CB- Salary Structure Formula.xls
The-Winning-for mula.pps