jigskd Started The Discussion:
I am new HR professional joined a company. so pls. tell me how to prepare salary structure / offer letter..
Hi jigskd,

Salary Structure normally varies from City to city and company to company. But in general terms below are few instructions to follow while preparing Salary Structure :

Basic = ( 40% of Monthly gross figure arrived from : Total CTC - Annual Perfomance bonus / incentive ( if any )-Noncash Item )
HRA = 40% of Basic + DA ( if Applicable ) for Non-Metro Cities & 50% of Basic + DA for Metro Cities.
Attire = 300 p.m
Conveyance = 800p.m
child Education Allowance = 200p.m
Medical = 1250p.m
Special Allowance = Remaining amount of Total monthly gross
Addition : Monthly non cash value
Addition : Annual pay -outs
Total Monthly gross + Non cash + Annual pay-out gives u Total CTC back.

Kindly revert if u still have any query.

HR Professional.
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File Type: xls Salary Calculation Sheet.xls (21.5 KB, 12463 views)
hi friend i m sending you a cv formate,it may helpful to you... plz find attachment.
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File Type: doc Format-HR.doc (53.0 KB, 5525 views)

See for a typical salary structure we have..
basic (40 -60%)
HRA(40 % for non metro and 50 % for metro cities)
Conveyance - 800 (fixed)
Medical Reimbursement - 1250 (fixed)
LTA - one month basic
Special allowance - Gross - (basic + HRA+ conv. Medical All.+LTA)

Gross+ Employer contribution towards PF, ESI and Gratuity = CTC.

Hope this will help you.

Thanks. Very Useful. I assume there is no standard allowance structure followed by organisations.


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