Dear All
I am into fast food chain
I want ot increase the in hand salary for my employees who are covered under ESI policies
For that I have to reduce the basic pay
In my company most of the employees are in the pay range of 4000-7000 K per month
Can any one suggest me a pay structure where i can give maximum in hand salary to the employees after ESI and PF deductions?
What is the lowest limit for basic salry as a percentage of Gross?
Friends pls help me
I am into fast food chain
I want ot increase the in hand salary for my employees who are covered under ESI policies
For that I have to reduce the basic pay
In my company most of the employees are in the pay range of 4000-7000 K per month
Can any one suggest me a pay structure where i can give maximum in hand salary to the employees after ESI and PF deductions?
What is the lowest limit for basic salry as a percentage of Gross?
Friends pls help me