Hi, I need to know a making of payslip for contract employees who are working on hourly basis.They are having hra,basic,epf and esi or not ? how to prepare a payslip for them ...
From India, Hyderabad
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From India, Hyderabad
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First of all, I would like to understand the below-listed points:
- What is the nature of the work/job? Is it white-collar or blue-collar?
- Is the work on an hourly basis? Have you defined the number of hours per week/month?
- How is the pay cycle structured?
- What is the pay method employed?
- In which bracket are the payments being made?
Based on the aforementioned points, I will be able to provide suggestions. It is imperative to ensure that salary slips are distributed to all employees as it is beneficial from both individual and organizational standpoints. Below are the components that can be included:
- Basic
- HRA
- Conveyance
- Allowances (Medical/LTA/Telephone, etc.)
- Project/Special Allowance
- PF
- ESI (if applicable)
I hope this information is helpful.
Regards,
Jeevan K Dash
From India, Thiruvananthapuram
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10- What is the nature of the work/job? Is it white-collar or blue-collar?
- Is the work on an hourly basis? Have you defined the number of hours per week/month?
- How is the pay cycle structured?
- What is the pay method employed?
- In which bracket are the payments being made?
Based on the aforementioned points, I will be able to provide suggestions. It is imperative to ensure that salary slips are distributed to all employees as it is beneficial from both individual and organizational standpoints. Below are the components that can be included:
- Basic
- HRA
- Conveyance
- Allowances (Medical/LTA/Telephone, etc.)
- Project/Special Allowance
- PF
- ESI (if applicable)
I hope this information is helpful.
Regards,
Jeevan K Dash
From India, Thiruvananthapuram
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