helooo Mr. jai. i am amritha . can u give me some notes regarding current trends in wage and salary administration. please.... it is very urgent becz i have to submit my assignment on this topic
From India, Kannur
From India, Kannur
helooo akhil. can u me give me some notes regarding current trends in wage and salary administration
From India, Kannur
From India, Kannur
Dear Amritha, Wage and salary is vast topic it cannot be explained in 1 or 2 lines more over it depends on the state rules. For further clarifications feel free to call me Jai 09866006649
From India, Hyderabad
1From India, Hyderabad
Hi,
I am working as an HR Executive with an international call center. We have a different salary structure. We pay basic salary for couple of months and then we pay on # of calls what the agents gives i.e. performance based salary. My HR manager has asked me to work on new salary structure which gives less attrition level and old employees can be retained.
We generally provide min 10k to max 13k as basic salary from fresher to experienced caller.
Can anyone guide me or provide me the raw structure of monthly based salary or any incentive plans or any other benefit which attracts the new comer to stick with the firm.
Regards
Bindu
From India, Ahmadabad
I am working as an HR Executive with an international call center. We have a different salary structure. We pay basic salary for couple of months and then we pay on # of calls what the agents gives i.e. performance based salary. My HR manager has asked me to work on new salary structure which gives less attrition level and old employees can be retained.
We generally provide min 10k to max 13k as basic salary from fresher to experienced caller.
Can anyone guide me or provide me the raw structure of monthly based salary or any incentive plans or any other benefit which attracts the new comer to stick with the firm.
Regards
Bindu
From India, Ahmadabad
Dear Shweta,
As per law basic salary should be fixed with considering state minimum wages rules and if you will violate that by reducing their basic salary then you can be prosecuted under minimum wages act.
rest calculation i have given in the attached sheet.
From India, New Delhi
As per law basic salary should be fixed with considering state minimum wages rules and if you will violate that by reducing their basic salary then you can be prosecuted under minimum wages act.
rest calculation i have given in the attached sheet.
From India, New Delhi
Dear Mona, Gross & Net salary breakup details should be best available with you as the same has been communicated to you before joining. Could please specify clearly what exactly is ur query??
From India, New Delhi
From India, New Delhi
Hi .... Anyone can update me on the same ...for salary bifurcation or salary structure ?
From India, Gurgaon
From India, Gurgaon
Dear Shipra,
The Salary bifurcation or salary structure depends upon many basic factors like Organisation profitability, budget, future strategy, No. of employees, management approach towards employee welfare and benefits etc.
However, the main compulsory point is that the salary structure should not be less than the MW as defined by the appropriate govt.
You can pay over and above the MW. To make is tax friendly and enhanced "In Hand Salary" we use customized salary structure as per requirement. Fellow members have explained some basic concept and ideas related to Salary Structure.
Pls find attached CTC Calculator wherein two sheets attached (ESI Applicable and Non ESI Applicable).
Hope this will meet your requirement.
From India, Delhi
The Salary bifurcation or salary structure depends upon many basic factors like Organisation profitability, budget, future strategy, No. of employees, management approach towards employee welfare and benefits etc.
However, the main compulsory point is that the salary structure should not be less than the MW as defined by the appropriate govt.
You can pay over and above the MW. To make is tax friendly and enhanced "In Hand Salary" we use customized salary structure as per requirement. Fellow members have explained some basic concept and ideas related to Salary Structure.
Pls find attached CTC Calculator wherein two sheets attached (ESI Applicable and Non ESI Applicable).
Hope this will meet your requirement.
From India, Delhi
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Creating a Competitive Salary Structure.doc
Salary Structure.zip