Salary Structure - Xls Download [thread 216431]

Dear All,
Im working in a Manufacturing Company, I have to device a salary structure for my company..Urgent help requird on this matter...

hi vandana..... hope the attachment will help you.............
Regards
Vineetha
Sr HR

Thank you so much vineetha...basiclly i want salary structure as per hireachhy baisi..like for jr executive salary range is 4000-6000, now this will further break like 4000-4500-5000-5500-6000..now at the time of ap..depending on his performance his salary vary n he will get increment as per shown n once he achive 6000 he will get promoted to next level that is executive...now pls if any one divice any format or if any one is having this type of sturcture..pls share with me....

Hi Vandana,

First you discuss the subject with Top management and Finance people regarding the salary structure. The finance people have experience in salary policy and Taxes, and then you structure the salary with hierarchy level.

Find the attached file of Sample salary structure. I hope it will helpful to you.
With Regards
Vijay

Dear Vineetha,
As per your salary break-up sheet, basic is 35%, which is less than the minimum wages....Kindly suggest whether 35% BASIC can we consider in Punjab, where minimum wages are 3398???

Hi All,
could anyone explain me in detail abt salary structure? wat should be the Basic, HRA, DA,
allounces etc. in percentage, should Basic not be less than 35%? some people suggest that Basic varries from 35%-60%.
Regards,
Pushpendra

Every company has its own rule to decide its basic but it should not less than may be 35% because in our organisation we are considering two basic structure one is 40% and 50% of CTC and in some of the company its 55%...Ashok

Hi Vandana
Hope this will help. I normally go onto Remchannel.com or payscale.com to check how in line we are and I plot it on this spreadsheet I have attached.