Hi all,
I work for an IT company with a staff strength of 350 employees in India. We have planned to revise the salary for our employees. Right now, the trainees receive a stipend of 6500/- for 6 months, and after six months, they become ASEs and start with a salary ranging from 1.2-1.6 Lacs. I want to restructure the compensation package. Other positions like SE earn between 2.5-4 Lacs, and SSE earns between 3.5-5 Lacs. We aim to increase the trainees' salaries to Rs. 1.2 Lacs without significantly impacting the salaries of higher-level professionals like ASEs. We do not intend to alter their CTCs. Are there any parameters that need to be followed? I appreciate your help in this matter.
Thanks,
Mariaa
From India, Bangalore
I work for an IT company with a staff strength of 350 employees in India. We have planned to revise the salary for our employees. Right now, the trainees receive a stipend of 6500/- for 6 months, and after six months, they become ASEs and start with a salary ranging from 1.2-1.6 Lacs. I want to restructure the compensation package. Other positions like SE earn between 2.5-4 Lacs, and SSE earns between 3.5-5 Lacs. We aim to increase the trainees' salaries to Rs. 1.2 Lacs without significantly impacting the salaries of higher-level professionals like ASEs. We do not intend to alter their CTCs. Are there any parameters that need to be followed? I appreciate your help in this matter.
Thanks,
Mariaa
From India, Bangalore
Hi Mariaa, Just give a glance to this salary report (Bangalore), you will gain some idea. ~Sanjay
From India, Madras
From India, Madras
Dear Friends, Would you have information on salary levels in the Health Care-Hospital Sectors? Grateful for your advice. Regards, Sanjib.
From India, Delhi
From India, Delhi
hi!! can anyone help me with the salary structure of domestic BPO’s i m in urgent need
From India, Delhi
From India, Delhi
Dear friends,
I just want to know how the salary is calculated, how much percentage is to be divided for BASIC, HRA, DA, and other allowances. Payroll processing differs from one company to another. Please give me a brief discussion.
Thanks & Regards,
Paramagurunaath.SPS
From India, Madras
I just want to know how the salary is calculated, how much percentage is to be divided for BASIC, HRA, DA, and other allowances. Payroll processing differs from one company to another. Please give me a brief discussion.
Thanks & Regards,
Paramagurunaath.SPS
From India, Madras
Hi Rajat,
Should the company have to pay any Fringe Benefit Tax (FBT) for House Rent Allowance (HRA) in employees' salaries? I am attaching a Salary Break Up sheet that our company has decided to implement. Could you please guide me on what should be the percentage for the different heads and the percentage of FBT that our company has to pay? Our company is based in Kolkata.
Thanks,
Arunava.
From India, Gurgaon
Should the company have to pay any Fringe Benefit Tax (FBT) for House Rent Allowance (HRA) in employees' salaries? I am attaching a Salary Break Up sheet that our company has decided to implement. Could you please guide me on what should be the percentage for the different heads and the percentage of FBT that our company has to pay? Our company is based in Kolkata.
Thanks,
Arunava.
From India, Gurgaon
Dear Arunava, Your company is not liable to pay any FBT as per the payslip provided by you. Regards Jai
From India, Pune
From India, Pune
We have started a new IT company in Vadodara, Gujarat. Can someone suggest a salary structure that includes all allowances? I would be thankful if you could email me at [Email Removed For Privacy Reasons].
Thanks,
Sparmar
From India, Ahmadabad
Thanks,
Sparmar
From India, Ahmadabad
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