Payroll, Wagw Fixation, Statutory Compliances,
Hr Professional
+7 Others

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Hi Friendz, Can anybody tell me a brief about salary structure design including Basic, HRA, DA, ESI and PF and what other essentials of salary structure. Regards Shweta
From India, Indore
From India, Vijayawada
Hello Swetha
Adding to d explanation given by Ranjith, Salary Structure design can be explained as follows;
Basic=50% of the salary in metro cities/40% of the same in non-metro cities
HRA=50% of the Basisc salary
DA/other allowances=dependa on company's policy(normally 10%)
ESI=1.75% of the Gross salary with ceiling Rs 10,000/- ( max 175 Rs/-)
EPF= 12% deduction on basic + DA(if applicable) with the ceilin Rs 6500/- (max 780 Rs/-)
Apart from these , various reimbursementments,encashments may be included as salary component.
Hope this will be sufficient for your understanding.

From India, Kolkata
Wa = washing allowance cea = childrens education allowance lc = local conveyance regards ranjith
From India, Vijayawada
hello ranjit.. thnks.. but if someone is unmarried can company give CEA....plz brief me about Washing Allownace as i m not aware of that...
From India, Thana
but if someone is unmarried can company give CEA....plz brief me about Washing Allownace as i m not aware of that...[/QUOTE]
In case if the concerned person is unmarried it can be shown in OTHERS.
WA is also based on the company to company.

From India, Vijayawada
Thk u sapna and pls feel free to post new ideas and doubts where it helps to share and increse our knowledge.
From India, Vijayawada
Thanx ranjith, Neha and Sapna
I have got an idea about salary structure bifurcation through your help
One more question........If I want to outsource these services (HR) from a consultancy. Is this a wise decision to recruit someone from that consultancy (on their payroll) at our office? So that, he/she could communicate between us and consultancy for all HR issues and administration...
I hope.........I have conveyed my query correctly.........cant say

From India, Indore
How to count late timing in attendance sheet offie timing is 12:30 12:30 Collection 12:02 12:47 12:01 12:25 12:01 12:35 Total count late timing ???????which formula put plz help me!!!
From Pakistan, Karachi
If ur off timing is 12.30 half an hour will be grace period for late coming i.e;01.00 after that it is noticed as late coming and 3 late comings is equal to one day leave.
From India, Vijayawada

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