Dear Friends,
I am Raja, working as an HR Executive in a software company. This company is a startup. Could anyone please let me know the salary components for employees in the organization?
Regards,
Raja
From India, Madras
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I am Raja, working as an HR Executive in a software company. This company is a startup. Could anyone please let me know the salary components for employees in the organization?
Regards,
Raja
From India, Madras
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Hi Raju,
The components of salary are:
- Basic (which should ideally be 45-50% of CTC)
- HRA (50% for capital & metros, 40% for other places)
- Medical Reimbursement (Rs. 15,000 p.a. as a fixed amount)
- LTA (fixed as the Basic amount p.a.)
- Personal allowance (remaining amount of CTC after deducting all other components)
- PF (12% company's contribution)
I hope this information is helpful to you! Please feel free to reach out in case of any queries.
Sonali - HR
From India, Delhi
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2The components of salary are:
- Basic (which should ideally be 45-50% of CTC)
- HRA (50% for capital & metros, 40% for other places)
- Medical Reimbursement (Rs. 15,000 p.a. as a fixed amount)
- LTA (fixed as the Basic amount p.a.)
- Personal allowance (remaining amount of CTC after deducting all other components)
- PF (12% company's contribution)
I hope this information is helpful to you! Please feel free to reach out in case of any queries.
Sonali - HR
From India, Delhi
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