Suryabulb
Hr Executive
Lakshmi87*
Agm - Hro, Compensation & Benefit Mgt,
+2 Others

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Dear seniors, Please guide me how a salary break up is done?? How to read salary slip? what the contents are meaning? Is there anybody to help me?? Please guide me..!!!
From India, Pune
Dear,
In the below attachment you can edit according to your requirement.
According to your requirement you can find numerous salary sheet on Citehr. Salary Sheet should be aligned with your Company Policy.

From India, Delhi

Attached Files
File Type: xls Salary Breakup Citehr.xls (17.0 KB, 4596 views)

Cite Hr is just d best...!!!!! Is the salary structure from all the sectors is same or different like IT sector, Manufacturing Sector? Is there any governing body to regulate the salry structure??
From India, Pune
Good Morning Dear,
Government has not mentioned any mandatory structure. Only matter you need to consider is Minimum Wages Act, ESI, PF, Professional Tax, Tax, Allowances, etc should be kept in consideration while structuring the salary.

From India, Delhi
hi please find the salary break up derived from CTC.This computation
From India, Hyderabad

Attached Files
File Type: xls CTC computation .xls (30.0 KB, 1810 views)

Hi All, Can anyone please lemme know the format for the salary 1.4lac , and take home should b/w 10.5 k to 11 k. Please mention each any every breakups . Thanks
From India
Hi
please find the breakup for 2.4 lpa.
CTC 240000

Monthly Components Monthly Annualized.

Basic Pay 8000 / 96000
House Rent Allowance 3200 / 38400
Conveyance Allowance 0 / 0
special pay 7460 / 89520


Gross Monthly Salary 18660 / 223920

Quarterly / Annual Components

LTA(Claimable on completion of 1 yr) 0
Medical 0
Exgratia 0
Gross Annual Salary / 223920

Statutory Components

Company's contribution to PF(12% of Basic) 960 / 11520
Gratuity(@ 15 days Basic pa, on completion of 5 years) / 4615

Cost to the Company 240055

From India, Hyderabad
Dear Lakshmi 87*
i am having a littlebit doubt. Please help me..
1. How basci salary is decided?
2.what is the special pay? what parameters it includes as it is near to basic salary?
Can you please explain it in more detail??

From India, Pune
Hi
please find below the formule for arrinving amounts under each head
BASIC = (CTC *40%/12,5)
hra =(Basic*40%,5)
special pay =((CTC-(BASIC+HRA+CONVEYANCE ALLOW+LTA +MEDICAL REIMB+EXGRATIA + EMPLR SHARE OF PF+GRATUITY ))/12,5)
to arrive special pay components the below annual amounts have been considered
Annual components (BASIC+HRA+CONVEYANCE ALLOW+LTA +MEDICAL REIMB+EXGRATIA + EMPLR SHARE OF PF+GRATUITY )

From India, Hyderabad
thank you very much to help me...
my interest area is payroll management system. I want to make career into it. I have searched books but i havent got the best. According to you which one book one should refer to have a deep knowledge of payroll processing??

From India, Pune

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