Dear sir, Monthly Profit distribution /Incentive is a part of wage or not, if it is not given with Salary? Regards Kumar Gautam
From India, Vijayawada
From India, Vijayawada
Hi
Its depends on the company. It could be part of an employee's CTC but not on the wages. Wages are fixed and calculated based on the number of working days. But performance linked incentive/ variable pay are paid depends on the company's performance, so you can be kept separately as you will not deduct any statutory requirement too.
184Its depends on the company. It could be part of an employee's CTC but not on the wages. Wages are fixed and calculated based on the number of working days. But performance linked incentive/ variable pay are paid depends on the company's performance, so you can be kept separately as you will not deduct any statutory requirement too.
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