Sonia Basson
Hr Admin. In Recroitre Pvt. Ltd.
Ramanuj.hardik
Statutory Compliances
+1 Other

hi,
i have joined an IT company newly and got to design the salary structure of php developers: frehers, senior developers and team lead. Their current salaries are:upto 8000/mnth, 8000-15000/mnth and for TL salary is no bar. so how should i design their salaries and be adding further increments to it after an appraisal period of 6 months, so that i could retain as well motivate them.
2nd July 2011 From India, Chandigarh
Hi Sonia,
You may fix only 1 salary fitment for all level or may fix according to their salary slab.
Ex. 8000 Gross PM
Basic : 40% of gross
HRA : 30% of Gross
Conveyance : 20 % of Gross
Special allowance : 10 % of Gross
you may do it and make formulated sheet.
About their Increments you may fix the percentage on their KRA.
Eg.
Work Quality : 35 %
Productivity : 30 %
Dedication, attitude,time in-out etc.
2nd July 2011 From India, Pune
dear all,
i want to know that gratuity should include in ctc or note or it should be mention in pay slip ?
pls
tell me .
i know it is worng but i want authoentic ans
regards
jatin prajapati
+9998236015
2nd July 2011 From India, Ahmadabad
Hi Jatin,
As per my Understanding.
the gratuity or bonus should not be mentioned in payslip because you may not predict what would be the basic or profit wage at the time of his/her retirement or reliving date or in next financial year.
4th July 2011 From India, Pune
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