Designing Salary Structure

mailnikhil
Dear members,
How to design salary structure if gross CTC is Rs14000?
Regards,
Nikhil Sharma
nutan.mehta06
Hi Nikhil,
To design a salary structure u should keep in mind the following components:
Basic
HRA
Special Allowance (DA)
Child Education and
Conveyance allowance
While child education and conveyance allowance is fixed to 200 and 800 per month, other component you can adjust as per company policy.
Now, one thing you will have to clarify by gross ctc 14,000? is it the monthly gross which employee will be getting?
Keep posting for further queries.
Thanks,
NM
mailnikhil
Sir,
I mean monthly gross salary. Is child education and conveyance allowance is fixed to 200 and 800 per month for executive in every small, medium or big cap company?
Regards,
Nikhil
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute