Please help for designing Salary structure for 15 LPA , Best structure in the perception of Employer . With PF deduction & Location for Pune, Maharashtra.
From India, Pune
From India, Pune
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Remuneration structure should not be either best perception of employer or employee. It should be scientific considering several factors - PF contribution policy of the organization on total PF gross or restricted up to 15,000/- per month, different monthly and annualized pockets e.g HRA, CCA, CEA, SPL ALLOW etc on monthly basis and annualized LTA, PROFIT SHARING INCENTIVE/BONUS, STATUTORY BONUS IF ELIGIBLE, FURNISHING ALLOWANCE, CAR POLICY etc. Moreover, there may be insurances - Mediclaim, GPA, GROUP LIC etc.
Every organization has their own policy for remuneration structure considering internal parity as well as external parity, otherwise there will be huge dissatisfaction amongst employees.
S K Bandyopadhyay ( WB, Howrah)
From India, New Delhi
316Every organization has their own policy for remuneration structure considering internal parity as well as external parity, otherwise there will be huge dissatisfaction amongst employees.
S K Bandyopadhyay ( WB, Howrah)
From India, New Delhi
Creating a Competitive Salary Structure.doc
Salary Structure.zip