Hi this is SHUBHA from Bangalore want to know the salary break up of Rs 20000/- (including PF, ESIC & PT) pls help urgently.......
From India, Bengaluru
1From India, Bengaluru
Dear Shubha,
Before designing the CTC breakup you have to take into consideration the minimum wages as applicable to your state,zone and category of employees.Normally,basic is 40-50% 0f gross salary.you can also have HRA which can be 50% of basic salary.balance figure component can be additional allowance or supplementary allowance.pf employers share should be 12%of basic and ESIC to be 4.75%of gross salary. Do reverse calculation.
Regards,
Sumeet H
From India, Mumbai
Before designing the CTC breakup you have to take into consideration the minimum wages as applicable to your state,zone and category of employees.Normally,basic is 40-50% 0f gross salary.you can also have HRA which can be 50% of basic salary.balance figure component can be additional allowance or supplementary allowance.pf employers share should be 12%of basic and ESIC to be 4.75%of gross salary. Do reverse calculation.
Regards,
Sumeet H
From India, Mumbai
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