At present I am working for a manufacturing company which had no HR.I am working under the guidance of HR consultant who is appointed by the company.
Please find the attached New CTC structure for Existing Staff. (Enter Gross Annual CTC amount to get the breakup)
This structure has been formed by the HR consultant.
I have following queries:
1. Is it right to divide yearly bonus into monthly bonus and include it in CTC?
2. According to this salary structure many employees PF amount will be more than 780. Is it right to deduct PF more than 780 or we require permission from employee in such a case.
3. Should LTA be included even for new employees?
Please find the attached New CTC structure for Existing Staff. (Enter Gross Annual CTC amount to get the breakup)
This structure has been formed by the HR consultant.
I have following queries:
1. Is it right to divide yearly bonus into monthly bonus and include it in CTC?
2. According to this salary structure many employees PF amount will be more than 780. Is it right to deduct PF more than 780 or we require permission from employee in such a case.
3. Should LTA be included even for new employees?
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