Whenever I have attended the interview many Hrs are - Given me to make the salary structure. Is there any standard salary structure for Bangalore have??? If yes please provide me the same & How to calculate that.
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Dear friends aspiring for HR careers,
It's expected of candidates seeking postings in HR, irrespective of scales, cadre, levels that they should have minimum working knowledge of salary structure, components, rates for various levels & job description.
I'm happy to say citeHR provides ample opportunity to learn nuances of this area and it is upto the freshers to freely pick up those knowledge.
All these info are readily made available from the links indicated on your screen, click on those links & learn.
Any specific doubts can be raised here.
Dear Concern,
As per your request Normally Below given details are follow and more other components also follow based on the company.
Basic
HRA ( 40 to 50% metro city 50% other citys 405)
Conveyance
medical Allowance
Bonus (8.33% On Basic)
projecet Allowances ( Adjustment amount add in this Component)
Above all comes under Gross Salary : (PF ESI,PT )After deduction from gross Comes Net Salary.
is it ok to deduct conveyance amount from salary if the employee is on leave or absent, please suggest.
Dear Friend,
Conveyance allowances is part of a salary strucher and it effects to absent days also, Conveyance allowances exemption allowed under Income Tax act upto 1600.
Dear Garupally sir,
Could you please brief me more about the hra part?? As per my knowledge for non metro City hra is 40% of basic & for metro City 50%
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Pl.see the attached notes for your info. & guidance.

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File Type: docx Salary & Salary slip explained -Templates.docx (17.7 KB, 56 views)
File Type: docx Salary Structure-5L pm.docx (16.0 KB, 88 views)
File Type: docx EPS-CONCEPT & CALCULATION.docx (13.2 KB, 47 views)

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