Salary Structure Design [Thread 321840]

shweta_smily
Hi Friendz,
Can anybody tell me a brief about salary structure design including Basic, HRA, DA, ESI and PF and what other essentials of salary structure.
Regards
Shweta
ranjith.naidu86
Earnings:
BASIC,HRA,WA,CEA,MEDICAL ALLOWANCE,LC,OTHERS
DEDUCTIONS:
LOAN,ESIC,PF,PTAX,CELL(IF APPLICABLE),TDS(IF APPLICABLE),OTHERS.
EARNINGS=GROSS SALARY
EARNINGS-DEDUCTIONS=NET SALARY.
ranjith.naidu86
Wa = washing allowance
cea = childrens education allowance
lc = local conveyance
regards
ranjith
sapna.ece@gmail.com
hello ranjit..
thnks..
but if someone is unmarried can company give CEA....plz brief me about Washing Allownace as i m not aware of that...
ranjith.naidu86
but if someone is unmarried can company give CEA....plz brief me about Washing Allownace as i m not aware of that...[/QUOTE]
In case if the concerned person is unmarried it can be shown in OTHERS.
WA is also based on the company to company.
ranjith.naidu86
Thk u sapna and pls feel free to post new ideas and doubts where it helps to share and increse our knowledge.
shweta_smily
Thanx ranjith, Neha and Sapna
I have got an idea about salary structure bifurcation through your help
One more question........If I want to outsource these services (HR) from a consultancy. Is this a wise decision to recruit someone from that consultancy (on their payroll) at our office? So that, he/she could communicate between us and consultancy for all HR issues and administration...
I hope.........I have conveyed my query correctly.........cant say
Regards
Shweta
faheembasheer
How to count late timing in attendance sheet offie timing is 12:30
12:30 Collection 12:02 12:47 12:01 12:25 12:01 12:35
Total count late timing ???????which formula put plz help me!!!
ranjith.naidu86
If ur off timing is 12.30 half an hour will be grace period for late coming i.e;01.00 after that it is noticed as late coming and 3 late comings is equal to one day leave.
chandani_1981
Hello Shweta
Adding to Ranjhit's reply, HRA is 60% of basic salary for metros & 40% of basic salary for non metros
Thanks
Chandani Shukla
Executive HR, Dainik Jagran
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