Hi,
I need a help from Seniors to create a salary format for an employee who newly joins an Company in which the below headings are mandatory.
BASIC,HRA,CONVEYANCE- TOTAL GROSS
PF - Emplyr & Emplee share
ESI - If applicable according to their Salary Criteria
Bonus - Yrly payable on Gross * 8.33%
Gratuity - (On Basic/12)/26*15
CTC and lastly Net Payable
With all this columns I require an salary structure in order to fix an salary to an newly joined employee.For Eg If my Reporting Manager tell me to prepare a salary format for an employee where his CTC is 20k and ask me what will be his T.Home than I need to derive his amt with all this mentioned above columns.
Can anyone please help me out to create an format.
Suman
From India, Bangalore
2I need a help from Seniors to create a salary format for an employee who newly joins an Company in which the below headings are mandatory.
BASIC,HRA,CONVEYANCE- TOTAL GROSS
PF - Emplyr & Emplee share
ESI - If applicable according to their Salary Criteria
Bonus - Yrly payable on Gross * 8.33%
Gratuity - (On Basic/12)/26*15
CTC and lastly Net Payable
With all this columns I require an salary structure in order to fix an salary to an newly joined employee.For Eg If my Reporting Manager tell me to prepare a salary format for an employee where his CTC is 20k and ask me what will be his T.Home than I need to derive his amt with all this mentioned above columns.
Can anyone please help me out to create an format.
Suman
From India, Bangalore
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Creating a Competitive Salary Structure.doc
Salary Structure.zip