Hi seniors,
One of my friend company Planning to revise their slary structure by taking off 10% variable component and this 10% variable component they want to add up in whole CTC.
Below is the case I mentioned. Please add your comments and suggestion.
Team,
We were revising our salary structure, till date our salary structure was 90% fixed and 10% variable ( Bonus Component). Now we have decided to club this to 100% CTC, meaning no variable component.
I am looking for suggestions from Seniors, on how to regularize this clubbing of 10% variable component as part of CTC. Our appraisal as per date of joining and we cannot wait for one more year to clear this one by one. We would like to do it at one shot.
Please share your thoughts on the same, including your thoughts on how much % component should go to CTC.
If we do this excercise, what will be -tive side of it and +tive side of the same.[ Employer and Employee Perspective]
Looking forward for good analysis of this case.
One of my friend company Planning to revise their slary structure by taking off 10% variable component and this 10% variable component they want to add up in whole CTC.
Below is the case I mentioned. Please add your comments and suggestion.
Team,
We were revising our salary structure, till date our salary structure was 90% fixed and 10% variable ( Bonus Component). Now we have decided to club this to 100% CTC, meaning no variable component.
I am looking for suggestions from Seniors, on how to regularize this clubbing of 10% variable component as part of CTC. Our appraisal as per date of joining and we cannot wait for one more year to clear this one by one. We would like to do it at one shot.
Please share your thoughts on the same, including your thoughts on how much % component should go to CTC.
If we do this excercise, what will be -tive side of it and +tive side of the same.[ Employer and Employee Perspective]
Looking forward for good analysis of this case.