Vinaykumar07
Human Resource
Lalithaj
Hr Manager, Mytec Software Pvt.ltd.
Yoganthmurthy
Hr Profession
Rains13
Hr Manager
Khushi Mehta
Research Associate
Maithilee26
Sr.executive - Hr
+3 Others

Thread Started by #tittli

Dear Friends,
Hello!!
Iam based in Baroda. I have to work on revamping the salary structure of our employees based on the current market trends.
I am not aware of the present scenario in the Market as far as the lower and upper limt of salary is concerned. I have tried to talk to a few consultants but to no avail. I am new to the field of HR so I do not know many HR professionals in other companies
Is there some HR professional based in Baroda who can kindly help me to know the lower and the upper limit of salary structure for various hierarchies in various depts.
Are there some govt. instituitons or forums who sets such limits? Will some other organiozatrion be able to help?
Please let me know the same at the earliest.
Regards,
Vinita
been desperately trying to get the salary structure
16th October 2006 From India, Bharuch
Hi vinita,
You can check the job portals for similiar kind of jobs and see their salary ,on which you can conclude the salary bracket based on the level at which your company pays eg:high payers or not
Regards
Kavana
16th October 2006 From India, Ghaziabad
Hi the basic components of the Salary Structure are :
Basic
Dearness Allowance
City Compensatory Allowance
House Rent Allowance
PF Contribution & Pension
Petrol Allowances
Cellphone allowance
Entertainment Allowance
medical allowance
While taking the above into consideration you have to work out also the income tax aplicability.
The salary can also be fixed on the designations and when u are taking a person into that designation the salary can be fixed at that level
with regards
yoganth murthy
16th October 2006 From India, Bangalore
Also you can refer some surveys conducted by different companies and institutions. please let me know which industry are you working for if I have something I will help you with it. Regards, Inshia
17th October 2006
Dear Inshia, Hello! I am working for a company manufacturing contact lenses based in Baroda. Can you please let me know which institutions will give me such database. Regards, Vinita.
17th October 2006 From India, Bharuch
Dear All,
Hi! I am Renu working with a USA Based manufacturing company with its head quarters in Jaipur. We are also facing the same dilema regarding the salary structure. How to compare ourself with other companies? I also feel that we are in trouble ore so becuase there are a very few manufacturing industries in Jaipur and obviously the salary range is also as per the location.
I also have to look into the aspects of what would be the salary range in Delhi region if we put up another plant there. Can someone help with suggestions/ details of agencies who conduct this sort of survey/ website where I can get help?
Meanwhile, I have found something which might be useful as a reference. I have checked that t is downloadable and can be used as a reference. Its from kellyservices.co.in.
Please keep posting,
Renu
17th October 2006

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File Type: pdf kellysalaryguide_2006_210.pdf (304.7 KB, 609 views)

Hi Vinita,
I suggest you go and check out the current rates on real estate , petrol and consumer price indices . This will enable you to evaluate fixed salaries and the relevant hikes to be given at the time of performance.
Regards,
Maithilee.
17th October 2006 From India, Mumbai
hi
Probably you can visit www.paycheck.in. The site is managed by IIM, ahmedabad and has salary range covering all the designations in Maufacturing sector.
I hope this will be of some help to you.
regards
khushi
17th October 2006 From India, Ahmadabad
Hi, Check on the September 15 2006 edition of Dataquest Magazine for Salary Survey 2006. Regards, Naveen
17th October 2006 From India, Madras
hi rains13
this is really helping to everybody who is in hr department.
because it helped me a lot in fixing the salaries to my employees.
thanks for giving such a great information.
thanks a lot once again.
keep posting,
have a nice day :)
lalithaj
8th November 2006 From India, Hyderabad
Hi Vinita
I guess you must be aware of your immediate competitors/ similar companies and if you are using any job portals then call various candidates from your competiors and do a telephonic round with them and put this data in excel sheet u can further validate this data by asking them for orginal sal slip and conslidating in excel sheet or else u can conduct a walk in interview to get the data as well potential candidates.
I guess this data may not be accurate but defintely it will give you idea reagrding the skewness. I had done like this once.....
With Rgrds
Vinay Ravindran
http://finance.groups.yahoo.com/grou...ResourceOnLine
12th November 2006 From India, Hyderabad
Hi, this is suresh working with Based on jermany Manifacutring company, i have small details of Basic salary structure, because it helped me a lot in fixing the salaries to my CL employees.
Kindly attached and send to me, please help to me everybady,
Regards.,
K. Suresh
21st August 2009 From India, Madras
Hi
The most scientific way to handle this is to do a compensation bench marking. There are good agencies in will market who can help you with this. However, that be a costly proposition.
To keep it economical, you can your any job portal e.g. naukri and make your own database based on information available there.However, for this to be effective you need to consider only recently updated profiles.
9th November 2016 From India, Mumbai
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