Preparing for an HR Generalist Interview: Can You Share Key Questions and Insights?

Hi Friends,

I am looking for an HR Generalist role. Can anyone help me with the interview questions so that I can prepare myself fully? Although I have 3 years of experience in recruitment, I have no practical experience in payroll, etc. So, if I am at least theoretically prepared, I guess it could help me. I have a few questions to which I seek answers, and if someone could add more probable questions that a generalist role will require:

1. How is PF calculated?
2. PT - Professional Tax applies to whom?
3. What is ESIC, and when is it applicable?
4. What are the standard deductions in a salary?
5. Salary format?

Hey friends, your help will be highly appreciated! Thanks.

Regards,
Ms. Pereira
Location: Mumbai, India

PF Calculation:
- Provident Fund (PF) is calculated as a percentage of an employee's basic salary plus dearness allowance (if any). Currently, the contribution rate for PF is 12% of the basic salary from both the employer and the employee. This amount is deposited into the employee's PF account every month.

Professional Tax (PT):
- Professional Tax is a state-level tax that applies to salaried individuals, professionals, and workers earning an income. The tax amount varies across states in India, and it is deducted by the employer before paying the salary to the employee.

ESIC (Employee State Insurance Corporation):
- ESIC is a self-financing social security and health insurance scheme for Indian workers. It is applicable to employees earning below a specified amount and provides medical benefits, sickness benefits, maternity benefits, and more.

Standard Deductions in Salary:
- Standard deductions in a salary include components like Provident Fund, Professional Tax, ESIC (if applicable), and any other deductions mandated by labor laws or company policies.

Salary Format:
- The salary format typically includes details like basic salary, allowances (house rent, conveyance, medical, etc.), deductions (PF, PT, ESIC), and net salary payable to the employee. Each organization may have a specific format for presenting salary details.

Ms. Pereira, by understanding these key concepts and being prepared to discuss them during your interview, you can demonstrate a good grasp of HR generalist responsibilities beyond recruitment. Good luck with your interview preparation!