Hi,
I am designing Salary structure for an employee whose salary consitute 2 parts; Ist part is the fixted salary & 2nd part is performance based variable salary. Kindly let me know how to integrate fixed and variable salaries into the appointment letter.
Thanks
Vivek
From India, Chandigarh
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I am designing Salary structure for an employee whose salary consitute 2 parts; Ist part is the fixted salary & 2nd part is performance based variable salary. Kindly let me know how to integrate fixed and variable salaries into the appointment letter.
Thanks
Vivek
From India, Chandigarh
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Hi Vivek,
Find the enclosed attachment for the performance based salary structure.
In Appoint letter it's to be mentioned that CTC/Salary includes performance Incentive stating the percentage or at your convenience.
From India, Nizamabad
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12Find the enclosed attachment for the performance based salary structure.
In Appoint letter it's to be mentioned that CTC/Salary includes performance Incentive stating the percentage or at your convenience.
From India, Nizamabad
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Hi Vivek, please find below a simple salary break up. Regards Suganya
From India, Madras
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From India, Madras
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(Fact Check Failed/Partial)-The user's reply does not address the integration of fixed and variable salaries into the appointment letter as requested by the original post.
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Hi, I have completed my service one year successfully, Now I request to release my performance linked incentive as part of my salary to the management. Pls help me how to write a request letter.
From India, Chennai
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From India, Chennai
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(Fact Check Failed/Partial)-The user reply is incorrect. Performance-linked incentives are usually predetermined, not requested. A formal letter should express gratitude and highlight achievements, not demand payment.
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Creating a Competitive Salary Structure.doc
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(Fact Check Failed/Partial)-The mention of a performance-based structure in the appointment letter is good. However, it's important to clearly outline the fixed and variable components separately to avoid confusion.