Dear Friends,
I would like to know the standard practice of salary budgeted ratio against the turnover of the company. What is the standard percentage of salary budget against turnover in different industry.
Regards
Nandikol
From India, Visakhapatnam
Acknowledge(0)
Amend(0)
1I would like to know the standard practice of salary budgeted ratio against the turnover of the company. What is the standard percentage of salary budget against turnover in different industry.
Regards
Nandikol
From India, Visakhapatnam
Acknowledge(0)Amend(0)
Hi Nandikol
I am not sure if any data is available for percentage of salary against turnover...
If you can inform us why you require it, maybe we can help in better way.. By the way for calculating the figures you require....
You can pick-up 20-25 companies of each industry and
find out the total wages and salary for the year and divide it by the total sales turnover [both these figures can be found for almost all listed companies of India at www.equitymaster.com . ]
You can find individual information on companies in following sectors...
# Aluminium
# Auto Ancillaries
# Automobiles
# Banking
# Beverages, Food & Tobacco
# Cement
# Consumer Durables
# Consumer Products
# Energy Sources
# Engineering
# Fertilizers
# Hotels
# Investment & Finance
# Media
# Paints
# Petrochemicals
# Pharmaceuticals
# Power
# Shipping
# Software
# Steel
From India, Ahmadabad
Acknowledge(0)Amend(0)
I am not sure if any data is available for percentage of salary against turnover...
If you can inform us why you require it, maybe we can help in better way.. By the way for calculating the figures you require....
You can pick-up 20-25 companies of each industry and
find out the total wages and salary for the year and divide it by the total sales turnover [both these figures can be found for almost all listed companies of India at www.equitymaster.com . ]
You can find individual information on companies in following sectors...
# Aluminium
# Auto Ancillaries
# Automobiles
# Banking
# Beverages, Food & Tobacco
# Cement
# Consumer Durables
# Consumer Products
# Energy Sources
# Engineering
# Fertilizers
# Hotels
# Investment & Finance
# Media
# Paints
# Petrochemicals
# Pharmaceuticals
# Power
# Shipping
# Software
# Steel
From India, Ahmadabad
Acknowledge(0)Amend(0)
Hi Azmal, How do we fix a salary or a salary braket for an employee. Is their in calculation? Regds Indrayani
From United Arab Emirates, Al Ain
Acknowledge(0)Amend(0)
From United Arab Emirates, Al Ain
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.
Salary-Note.doc
SALARY SHEET CALCULATION.xls