dearall, can i have a travel policy and give it to them without increasing the basic.like on 2000 i give them 200 conveyance in hand without making the salary 2200 . Is it possible and legal????
From India
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From India
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You can't add conveyance to the basic pay under any circumstances. When you are determining compensation, you can use an example like this: if the labor pay is $2000 per month, then the basic pay could be $1000, and an additional amount for conveyance could range between $300 to $500, or similar. However, do not label it as conveyance when including it in the basic pay.
Cheers,
Padma
From India, Hyderabad
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Cheers,
Padma
From India, Hyderabad
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I hope you understand that the basic pay is different from the conveyance allowance, which should not be added to the basic pay. You can explore compensation and pay slip structures online and consider remodeling the pay slip structure in your organization in the future.
Wishing you the best of luck.
Take care,
Cheers,
Padma
From India, Hyderabad
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Wishing you the best of luck.
Take care,
Cheers,
Padma
From India, Hyderabad
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Compensation Structure.ppt