hi,
i have joined an IT company newly and got to design the salary structure of php developers: frehers, senior developers and team lead. Their current salaries are:upto 8000/mnth, 8000-15000/mnth and for TL salary is no bar. so how should i design their salaries and be adding further increments to it after an appraisal period of 6 months, so that i could retain as well motivate them.
From India, Chandigarh
2i have joined an IT company newly and got to design the salary structure of php developers: frehers, senior developers and team lead. Their current salaries are:upto 8000/mnth, 8000-15000/mnth and for TL salary is no bar. so how should i design their salaries and be adding further increments to it after an appraisal period of 6 months, so that i could retain as well motivate them.
From India, Chandigarh
Hi Sonia,
You may fix only 1 salary fitment for all level or may fix according to their salary slab.
Ex. 8000 Gross PM
Basic : 40% of gross
HRA : 30% of Gross
Conveyance : 20 % of Gross
Special allowance : 10 % of Gross
you may do it and make formulated sheet.
About their Increments you may fix the percentage on their KRA.
Eg.
Work Quality : 35 %
Productivity : 30 %
Dedication, attitude,time in-out etc.
From India, Pune
You may fix only 1 salary fitment for all level or may fix according to their salary slab.
Ex. 8000 Gross PM
Basic : 40% of gross
HRA : 30% of Gross
Conveyance : 20 % of Gross
Special allowance : 10 % of Gross
you may do it and make formulated sheet.
About their Increments you may fix the percentage on their KRA.
Eg.
Work Quality : 35 %
Productivity : 30 %
Dedication, attitude,time in-out etc.
From India, Pune
dear all,
i want to know that gratuity should include in ctc or note or it should be mention in pay slip ?
pls
tell me .
i know it is worng but i want authoentic ans
regards
jatin prajapati
+9998236015
From India, Ahmadabad
i want to know that gratuity should include in ctc or note or it should be mention in pay slip ?
pls
tell me .
i know it is worng but i want authoentic ans
regards
jatin prajapati
+9998236015
From India, Ahmadabad
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Salary-Note.doc
SALARY SHEET CALCULATION.xls