Hr Manager, Mytec Software Pvt.ltd.
Sr.executive - Hr
City Compensatory Allowance
House Rent Allowance
PF Contribution & Pension
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
16th October 2006 From India, Bangalore
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,
17th October 2006
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.....
12th November 2006 From India, Hyderabad
Kindly attached and send to me, please help to me everybady,
21st August 2009 From India, Madras
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