Curious About Payroll Structure: Can Anyone Explain How It Works?

Hi,

I want to know about the payroll structure.

Thanks,
Pushpendra

Regarding payroll structure, you may refer to payroll resources at http://wiki.greytip.in/wiki/Pay_Structure_Faqs, which would be helpful.

You need to divide payroll into four parts:

1. Employee details (token no., name, doj, designation, dept).
2. Days present in the month (including leaves/leave status must be shown).
3. Actual salary details (Basic, DA, HRA, Conv, Spl....).
4. Earned salary details (earnings of Basic + DA + HRA +.....) - Deductions like (PF + ESI + TDS + Professional Tax + G. insurance + loan + advance......) = Net salary.

This is only for an idea for you. If you have any specific payroll package, it is enough. If you need, I will send a copy to you. Email me at ksrinivas.hr@gmail.com.

Hi Pushpendra,

I have attached the payroll format if it could help you in any way.

Hi, Ksrinivas,

Thank you for this detailed information. Could you please provide me with the format/sheet regarding payroll?

Regards,

I am in the pharma industry, and our medical representatives are located all over India. Can anyone suggest ways to track attendance for them? Any HR professionals in the pharma industry, could you please guide me on what is commonly practiced?

Hi all,

I want to induct employees with a CTC of Rs. 4000/-. Now, how can I divide the salary into basic, HRA, other allowances, professional tax, ESI, PF, etc.? Please tell me in detail.

Regards,
Preeti

Hi Pushpendra,

Please provide me with a formula-filled payroll format.

Regards,
Sushil Talwelkar
9689927112

Hi, check the minimum basic rates prevailing in your state. The basic should not be below the minimum wages of the related state. For low-grade salaries, you can keep the basic as a maximum (it should not be less than the minimum wages as per the Act), while for high grade, you may fix the basic rate as 25-30% and then determine other allowances while considering ITax, etc.

Best regards,