1.Is PF should be deducted for all the employees?
So far whose basic pay is less than 6500, we considered 12% on Basic pay as employer contribution.
2. Is Gratuity should be deducted for all the employees?
3. Please suggest what is variable pay & is it applicable to all the employees or limited to profile / designation.
4. Is Gratuity should be deducted for all the employees?
Plz Suggest
What is TCTC (Total cost to the company) ?
What is CTC ?
What is Gross ?
Is there any component like "Retention Incentive" - Which can be calculated as 8.33 % on basic ?
LTA - How much percent we should take ?(From Basic or from CTC)
Children's Education - How much percent we should take ?(From Basic or from CTC)
Plz Suggest with an example.....
From India, Hyderabad
So far whose basic pay is less than 6500, we considered 12% on Basic pay as employer contribution.
2. Is Gratuity should be deducted for all the employees?
3. Please suggest what is variable pay & is it applicable to all the employees or limited to profile / designation.
4. Is Gratuity should be deducted for all the employees?
Plz Suggest
What is TCTC (Total cost to the company) ?
What is CTC ?
What is Gross ?
Is there any component like "Retention Incentive" - Which can be calculated as 8.33 % on basic ?
LTA - How much percent we should take ?(From Basic or from CTC)
Children's Education - How much percent we should take ?(From Basic or from CTC)
Plz Suggest with an example.....
From India, Hyderabad
Please help me to need breakup salary for unskilled worker in tamilnadu. Like Basic,DA, HR, ESIC, EPF. Please send me the break up. Thanks/ Regards. A.MICHAEL
From India, Madras
1From India, Madras
Dear Michael,
Please refer my below post. It will give you a fair idea of salary structure and break-up.
https://www.citehr.com/375340-salary...ml#post1918112
For any further clarification feel free to write or discuss.
From India, Mumbai
Please refer my below post. It will give you a fair idea of salary structure and break-up.
https://www.citehr.com/375340-salary...ml#post1918112
For any further clarification feel free to write or discuss.
From India, Mumbai
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Salary Sheet & PF PT Calculation & Challan Nov 2010.xls
Typical salary breakup.jpg