Salary Structure and Grade

Gentlemen,

Can you help me out ... can you advise me and send sample of salary structure and grade .. we are a construction company engaged in horizontal and vertical construction and we have a total employees of 8,000 this encludes the Managing Director ... PLease help me out on this.

Thanks and best regards,
Ric

Hi Ric,

The contents of the salary break up is as below, you can prepare it at the suitability of your own. HRA would be 40 to 60% of basic.


Basic
HRA
TA
Other Allowance
Mobile Reimbursement / Month
Gross Per Month = Sum of all the above.
Gross Per Annum= 12*Gross/Month
PF Contribution= 12% of Basic/Annum
ESI Contribution = 4.75% of Gross/Annum
Medical = The mediclaim facility provided to an employee who are not covered under ESI as the maximum ceiling for ESI is 10000/Month.
Getting more than this will be covered under Mediclaim or it depends on company policy

EX-Gratia/Bonus = A fixed amount as Bonus

Annual Fixed Gross Cost= Gross/Annum+ Ex-gratia

Annual Total Cost = AFGC + PF+ESIC

Annual total cost is also called as CTC.

Hope it would help you to prepare the same at your end..


Regards,

Amit Seth.

Hi Seth,

Thanks a lot for the great help and information. I'll contact you again if have some clarification I will study your samples. Thanks again.

Regards,
Ric

Welcome..

Hi seth,
Sorry I'm new in HR can you expound me the one that you send me please ... hope you will help me on this ... thanks
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Hi Ric,

The contents of the salary break up is as below, you can prepare it at the suitability of your own. HRA would be 40 to 60% of basic.


Basic
HRA - What do you meand by this please?
TA - is this total allowance
Other Allowance
Mobile Reimbursement / Month
Gross Per Month = Sum of all the above.
Gross Per Annum= 12*Gross/Month
PF Contribution= 12% of Basic/Annum - what do you mean by PF please
ESI Contribution = 4.75% of Gross/Annum - what do you mean by ESI please
Medical = The mediclaim facility provided to an employee who are not covered under ESI as the maximum ceiling for ESI is 10000/Month.
Getting more than this will be covered under Mediclaim or it depends on company policy

EX-Gratia/Bonus = A fixed amount as Bonus

Annual Fixed Gross Cost= Gross/Annum+ Ex-gratia

Annual Total Cost = AFGC + PF+ESIC

Annual total cost is also called as CTC.

Dear Ric..

HRA means - House Rent Allowance
TA Means- Travel Allowance
PF means Provident Fund, Which is applicable in India
ESI - means Employee State Insurance.. Applicable in India.. For the benefit of employees...

Regards,

Amit Seth.

Hi everyone,

I would like to know the entire hr structure for a newspaper. Is it the same for all industry or it will be different for a newspaper setting.

Please let me know ASAP
THanx

Payal

Hi ,

PLease send me salary structure for each grade at

Thanks a lot

__________________
Warm Regards

Ashok