How Would You Break Down a 10 Lakh Salary with Quarterly and Variable Pay?

Hi all, if the fixed salary is 10 lakh per annum with a quarterly payout of ₹50,000 and a variable pay of ₹50,000 per annum, could you please suggest the salary breakup?

Thanks

Thank you for the valuable attachment regarding the salary breakup statement. It is very useful for freshers like us.

Question About Salary Slip

I have another question in mind about the salary slip: do all companies in the same sector have the same salary structure?

Regards,
Prasaad Deshpande

Dear Human Resource Practices,

Variable pay is compensation paid to employees in addition to their salary, and it varies based on the employee's performance, sometimes paid in proportions.

Regarding your query, I have attached a link that has already been discussed in our forum. I hope it provides you with a clearer idea.

https://www.citehr.com/45256-variable-pay.html

I want to ask whether the salary structure is the same in all sectors, such as the IT sector, Manufacturing sector, Service sector, FMCG sector, etc. I also have another confusion: is there any governing body to regulate the variable salary structure?

Please guide me.

Thanks & Regards,
Prasaad Deshpande