Hr Practices
Maheswara Rao Chaduvula
Sr. Manager - Hr
Hr Manager
Hr Executive
+2 Others

Dear All, I am initiating giving salary slip to our employees. We are into finance sector. pl guide me how do design salary slip. what are components and their calculation regards, sheetal
From India
Hi Sheetal, Find enclosed one of the sample format of the Pay slip. Hope it may help you to prepare the same. Regards, Amit Seth.
From India, Ahmadabad
Dear Ms Sheetal,
The sample Pay slip :
Payment to the Candidate
Particulars %age
Basic 54%
HRA 38%
Conveyance 8%
Monthly Gross

PF 12.00%
ESI 1.75%

Total Deduction
Net Take Home Salary
PF 13.61%
ESI 4.75%
John N

From India, Madras
Hi Shreekumar,
i would like to got for automating payslips. But we are only few months old company. Our company is basically 'investment advisory' one. Its a portfolio management company giving all types of financial services to the investors.
To start with we have nom 8 employess on the rolls. Even I wanted to prepare HR manual for this company. Can you help me out?
thanks & regards,

From India
Hi Sheetal,
Might be it was a problem with the site, that uploading were not being done..
Find enclosed one of the sample format of the same..
Hope it might help you to prepare the same..
Amit Seth.

From India, Ahmadabad

Attached Files
File Type: xls salary_slip_152.xls (68.0 KB, 5847 views)

Hi Amit, this will definately help me a lot. One more question, For calculation of 'Basic' - What percentage should be taken? regards, sheetal
From India
Thank U.. its all mine pleasure that it helped you..
It varies from company to company..
Generally minimum starts from 30% and it goes upto 50 or even 60%..
The best would be between 30 - 40%..
Amit Seth.

From India, Ahmadabad
You have mention that employee contribution toward PF is 12% of Total basic and employee contribution 13.61%.
But if I am not wrong then employee and employer contribution toward PF is same. istead if employee wants then he can increase his contribution toward PF.
Pls add your comments !!!!!!

From India, Mumbai
Dear Vijay, Greetings! I am in to outsourcing Company, we used to deduct 13.61% PF. As of PF it is 12% only. Hope it clarifies ur doubt. Rgds, John N
From India, Madras
You have not mentioned type of organisation. Find out whether your organisation comes under the purview of Factory or Establishment?. You have to follow the procedure laid in the relevant provisions under the Act. Further, take all the content in the forms prescribed in the Acts and if you want to add anything more than extra fields, you have to take prior approval from the authorities.
Maheswara Rao.CH

From India, Hyderabad

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 @ 2020 Cite.Co™