Rahul Chhabra
Hr Professional
Sai18
Hr & Payroll Consultant At Kredily
Depak Kundu
Manager-hr

PRIME SPONSOR - FACTOHR - Customised Payroll, GPS Enabled Attendance, Travel, Performance Management, HRMS. Explore Features
Will it be ok if PL ,Bonus,Gratuity not be a part of salary structure official in payslip ans appointment letter
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...
During Salary fitment we should not consider the same. because these are social security benefits. so we can put the same by following ways :
1) You will be entitled for Bonus as per bonus act
2) You will be entitled for gratuity as per gratuity act
Dear Gaurav,
PL, Bonus and gratuity needs a definite mention in the appointment letter; however will not be a part of payslip unless for the months they are paid to the employee.
Regards
Rahul
Dear Gauravbdwj,
PL, Bonus and Gratuity need not be a part of your salary structure. They can be mentioned in the payslips only when they are paid out to your employees.
Click on the "+" sign for more helpful answers like these
Regards,
Sairam Bandi

Dear Gauravbdwj,
If your package is cost to company(CTC) then Bonus, PF and Gratuity is part of your salary Structure. But PL is not part of Salary Structure and it is mandatory under factories act under leave with wages that for 20 days working 1 day leave should be granted to the employees.
So PL is different component but Bonus ,PF and Gratuity is part of Salary if Company is offering you the package under CTC structure
Regards
Deepak Kundu
DM-HRM
PRIME SPONSOR - TALENTEDGE "Interactive Anywhere Learning". Executive courses from top reputed institutes like IIM, XLRI, MICA. View Courses
Add Reply Start A New Discussion






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2019 Cite.Co™