No Tags Found!

loginmiraclelogistics
1073

Absolutely there is no legal impediment to have multiple components salary structure. The suggestions of EPO Inspectors only remain as suggestive and has no legal backing. In saying so I'm not advocating, by all means, there should be multiple components of salary structure. Mostly the differences would occur/may be necessary in allowances and nonrecurring components like incentives, project/daily/tour/special/conveyance/medical/HRA allowances, In a regime where CTC is the order of the day there is a need for multiple components without adhering to common/uniform structure. Common structure may/is possible in Govt./Quasi Govt. establishments where time scale is in vogue but not in private firms where the concept of 'time scale' seldom used/applied. Similarly even granting increments, usually once in a year, is not strictly the rule in pvt.firms as it is decided on 'performance appraisal' systems. Similarly HRA and other allowances are decided on the status and importance of the incumbent and hence uniform %age need not be followed.
From India, Bangalore
Anonymous
Dear all,
Please help me because i have for years exp. in hr deptt. but i cannot prepare salary sheet presently i am doing the job in vectus industries limited . when join any company hr deptt .
any boss not clear, as first of all income tax salary deduction and salary structure and how many percentage of deduction as a basic salary , hrd+da,conveyance,medical, all allow etc.

From India, Dehradun
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.






Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.