Hi Seniors,
I need to re-structure the salary for my company. My company is a 50 employees IT services company. I need the information on how do we decide the percentage for various components in the salary structure and on what basis do we decide it?
Even it would be a great help if you could help me with the various components in the structure along with their percentage (With detail how do we decide the percentage)
Please do help me. Its urgent.
Thank you all.
Pranam
From India, Pune
I need to re-structure the salary for my company. My company is a 50 employees IT services company. I need the information on how do we decide the percentage for various components in the salary structure and on what basis do we decide it?
Even it would be a great help if you could help me with the various components in the structure along with their percentage (With detail how do we decide the percentage)
Please do help me. Its urgent.
Thank you all.
Pranam
From India, Pune
Hi Pranam
There is no any particular structure for salary. Everybody prepares salary structure to reduce the Tax for employees
In normal situation
Basic will be 50% - 60% on gross
HRA will be 50% to Metro Cities and 40% for other cities
Conveyance Allowance 800/-
Medical Allowance 1250/-
and other allowances
if need more details in specific mail me so I will send you some more information
From India, Bangalore
639There is no any particular structure for salary. Everybody prepares salary structure to reduce the Tax for employees
In normal situation
Basic will be 50% - 60% on gross
HRA will be 50% to Metro Cities and 40% for other cities
Conveyance Allowance 800/-
Medical Allowance 1250/-
and other allowances
if need more details in specific mail me so I will send you some more information
From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Creating a Competitive Salary Structure.doc
Salary Structure.zip