Dear NIrmala,
Every company having different policies.... so plz before implimenting salary structures in company contact ur Finance dept / your HOD.
The following component are there
Basic
HRA
EDUcation Allowance
Conveyance Allowance
Personal Allowance
other allowance
you can bifercate gross salary 40% is Basic, 20% is HRa and others is balance amount.
Regards
Mukesh
From India, Mumbai
Every company having different policies.... so plz before implimenting salary structures in company contact ur Finance dept / your HOD.
The following component are there
Basic
HRA
EDUcation Allowance
Conveyance Allowance
Personal Allowance
other allowance
you can bifercate gross salary 40% is Basic, 20% is HRa and others is balance amount.
Regards
Mukesh
From India, Mumbai
Dear Dbojit, Please don’t mantion any company name when ever u post anything in forum bcoz it is danger for u........
From India, New Delhi
From India, New Delhi
Dear Sir, Pls let me know what is rate of basic salary,Hra,and convence, suppose my total salary is 15,000 so what is the basic and Hra and convence rate, Pls give me early reply
From India, Delhi
From India, Delhi
Dear Nirmala,
It would be illigal if you bifurgate the basix salary and ESI/PF amount will goes down from this formula,
You can get a notice from ESI/PF inspection even employee consent also taken.
If your management really want to provide other allowances than it should be additionally other part of your earlier salary and you can implement this policy for new joiners.
Best Regards
Sajid Ansari-Delhi
From India, Delhi
It would be illigal if you bifurgate the basix salary and ESI/PF amount will goes down from this formula,
You can get a notice from ESI/PF inspection even employee consent also taken.
If your management really want to provide other allowances than it should be additionally other part of your earlier salary and you can implement this policy for new joiners.
Best Regards
Sajid Ansari-Delhi
From India, Delhi
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