Hello We are going to hire a BDE (IT Sector) for 35k per month. Would u please help me about Basic Salary = % Percentage of incentives rather than basic salary? And how incentives are calculated?
From India, Ahmedabad
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1From India, Ahmedabad
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What is 35k take-home salary in hand or CTC? Basic, DA, HRA are standard heads apart from fringe benefits. You may pay other allowances, performance incentives, EPF, ESIC, PT, LWF, paid leave, national holidays, bonus are statutory aspects that may be included in CTC heads.
Medicare allowance can be one more salary head. Conveyance allowance depends on how the employee commutes and if it is regularly, mandatorily given to all employees.
From India, Vadodara
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Medicare allowance can be one more salary head. Conveyance allowance depends on how the employee commutes and if it is regularly, mandatorily given to all employees.
From India, Vadodara
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SALARY SHEET CALCULATION.xls
Salary calculation.doc