Salary Break Up For Payroll With Other Information - CiteHR
Prime Sponsor - FactoHR.com - Payroll Software with GPS Enabled Attendance, Travel, Performance Management, HRMS. Explore Features
Dear All,
As a basic feed to salary process we will create salary break ups.what are all the other information we feed. I mean do we need to form no. of Employees added and deleted. Like wise what else.
Please clear me.
Thanking you.
Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
Hi Shantinivas.

Payroll mgt and its amount of contribution plays a vital role in employees motivation in monetary form. The salary breakup usually contains Basis salary,HRA,TA and other variables like Shifting allowance,dress allowance , special allowance,food allowance etc.

The salary breakup format totally depends upon the type of organization and benefits provided to the employee by their employer.

Basic salary is crucial because on this PF amount will be calculated, and on Gross salary ESIC will be calculate.Once the salary reaches towards higher sides than u have to make IT/TDS deduction also in separate IT calculation Excel sheet .The existing one's salary format can help u lot to make the break up format, in case its on starting point or initiation point then you have to sit with the mgt discuss with them the type of benefits you want to give to your employees on monthly basis or quarterly or annual basis.

For more details u can make on search on Internet also where you will easily get plenty of Salary Breakup formats option. Choose as per your requirements.

Be carefully while choosing the options because this going to be a documented facilities you are promising to provide your employees on the ground of which employee can claim for the compensation if not fulfilled.

All D Best!!



Prime Sponsor - Talentedge.com "Interactive Anywhere Learning". Executive courses from top reputed institutes like IIM, XLRI, MICA. View Courses
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2019 Cite.Co™