Dear all,
I am working in a construction company in Pune. I wanted to make a proper salary structure for the company employees. Please provide a good Salary structure with the % and CTC. And also if i could get an HR Manual for a construction company will be an additional help.
Although I have surfed lots of discussion regarding HR manuals and Salary Structure and many formats are available but then I am again confused with the % of salary heads and policies applicable by law.
Please Help Its Urgent.
Thank you!
Priyanka Pandit
priyanka_vpandit@rediffmail.com
From India, Nasik
1I am working in a construction company in Pune. I wanted to make a proper salary structure for the company employees. Please provide a good Salary structure with the % and CTC. And also if i could get an HR Manual for a construction company will be an additional help.
Although I have surfed lots of discussion regarding HR manuals and Salary Structure and many formats are available but then I am again confused with the % of salary heads and policies applicable by law.
Please Help Its Urgent.
Thank you!
Priyanka Pandit
priyanka_vpandit@rediffmail.com
From India, Nasik
Dear Priyanka,
In India, making salary rationalisation according to grade is a huge task. This is because of shortage of skilled manpower. When employers try to take skilled candidates on board, the candidates start negotiating and it creates imbalance. In addition to this is a problem of manpower attrition. When the projects are due to start, many times people are taken on board hastily without giving any regard to the salary structure. One more thing that disturbs the salary structure is whimsical selection of people by the top boss. This is more so in your industry.
As far as HR Manual is concerned, I need to know what exactly do you want. HR Manuals vary from one company to another even within the same industry. Secondly, though value of HR Manual cannot underestimated, there are still larger issues that HR needs to handle. Call me on my mobile and I will explain what should take primacy over HR Manual.
Thanks,
Dinesh Divekar
From India, Bangalore
In India, making salary rationalisation according to grade is a huge task. This is because of shortage of skilled manpower. When employers try to take skilled candidates on board, the candidates start negotiating and it creates imbalance. In addition to this is a problem of manpower attrition. When the projects are due to start, many times people are taken on board hastily without giving any regard to the salary structure. One more thing that disturbs the salary structure is whimsical selection of people by the top boss. This is more so in your industry.
As far as HR Manual is concerned, I need to know what exactly do you want. HR Manuals vary from one company to another even within the same industry. Secondly, though value of HR Manual cannot underestimated, there are still larger issues that HR needs to handle. Call me on my mobile and I will explain what should take primacy over HR Manual.
Thanks,
Dinesh Divekar
From India, Bangalore
You are absolutely right Dinesh. Thanks a lot for your response. I wanted policies like Leave policy (For site and office Employees), Recruitment policy, Salary and Wages Policy, Termination, Promotion, General Code of Conduct, Etc. for a Construction company. I shall call you for more guidance and explanation.
Thanks Alot!!!
Priyanka Pandit
From India, Nasik
Thanks Alot!!!
Priyanka Pandit
From India, Nasik
Hi Priyanka,
Am a HR Consultant and a soft skill trainer. I worked for Larsen & Toubro for 33 years and retired as Head of HR of Construction & Mining Equipment Business at Bangalore. After retirement, am into hr consultancy for start-up, small, medium companies. I will be giving consultancy shortly for a construction company in Muscat, Oman. Right now I am helping a few small companies in Coimbatore, Bangalore etc. If interested, you can get back to me.
Best wishes
From India
Am a HR Consultant and a soft skill trainer. I worked for Larsen & Toubro for 33 years and retired as Head of HR of Construction & Mining Equipment Business at Bangalore. After retirement, am into hr consultancy for start-up, small, medium companies. I will be giving consultancy shortly for a construction company in Muscat, Oman. Right now I am helping a few small companies in Coimbatore, Bangalore etc. If interested, you can get back to me.
Best wishes
From India
Dear Priyanka,
I can suggest u salary structure as follows;
1. Basic 50 of Gross (Should be More than minimum Wages)
2. HRA (40% of Basic)
3. Transport Allow- 1600/- (w.e.f 01/04/2015)
4. Medical Allow - 1250/-
5. Education Allow- 200/-
6. LTA- 2000/-
7. Remaining amount can be paid as Other Allowances
Best Regards
Praveen B
praveenbhosale1@gmail.com
From India, Bangalore
I can suggest u salary structure as follows;
1. Basic 50 of Gross (Should be More than minimum Wages)
2. HRA (40% of Basic)
3. Transport Allow- 1600/- (w.e.f 01/04/2015)
4. Medical Allow - 1250/-
5. Education Allow- 200/-
6. LTA- 2000/-
7. Remaining amount can be paid as Other Allowances
Best Regards
Praveen B
praveenbhosale1@gmail.com
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