How Would You Design a Salary Structure for a Gross CTC of Rs. 14,000?

Designing a Salary Structure for a Gross CTC of Rs. 14,000

How to design a salary structure if the gross CTC is Rs. 14,000?

Regards,
Nikhil Sharma

To design a salary structure, you should keep in mind the following components:

- Basic
- HRA
- Special Allowance (DA)
- Child Education
- Conveyance Allowance

While child education and conveyance allowance are fixed at 200 and 800 per month, other components can be adjusted as per company policy.

Now, one thing you will have to clarify: by gross CTC 14,000, is it the monthly gross that the employee will be receiving?

Keep posting for further queries.

Thanks,
NM

Sir, I mean the monthly gross salary. Is the child education and conveyance allowance fixed at 200 and 800 per month for executives in every small, medium, or big-cap company?

Regards, Nikhil