Salary components for calculation of Bonus

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Query on gross salary.
Hi In my company the
following components are
taken into consideration
for salary processing:
BasicHRAConveyanceSpecial
Allowance. Are the four
components the gross
salary of an employee?
The Pay Slip is
reflective of these
components and
deductions.[..]
1 Replies

Payment of bonus act-basic or gross salary??
There has been an
amendment in payment of
bonus act by an ordinance
issued in 2007 which
mandates an organisation
to give bonus to
employees drawing wages
or salary upto rs. 10000.
1[..]
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Bonus eligibility
would you mind if i can
get some
informations/clarificatio
ns about bonus? if you
would not mind can you pl
advise me 1. you see we
have appointted 3
marketing executive along
with[..]
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Loss of pay
Dear All In my
organization if for an
employee there is LOP his
gross salary is first
calculated after
deducting LOP amount. For
Example : As per Offer
Letter if an individuals
salary[..]
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Salary structure
Dear Friends I would like
to share that my company
doesn’t have any
fixed ratio of components
of salary structure. The
presently used components
are Basic HRA Other
Allowance and Conveyance.
The [..]
1 Replies

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