Dear Friends
Just for my curiosity and to share the details for HR fraternity I am posting the message. After the changes into PF contribution the maximum ER contribution is changed to Rs. 2042/- Including Admin charges. I request you to share the practice followed at your organisation. This query is applicable only for the organisations who are following CTC Structure
a) Are you retaining the existing CTC and reducing the net take home salary of the employees?
b) Revising the CTC to adjust the difference and retaining the Net take home wages of the employees?
c) Any other practice? Please explain
Regards
Jeevarathnam P
Just for my curiosity and to share the details for HR fraternity I am posting the message. After the changes into PF contribution the maximum ER contribution is changed to Rs. 2042/- Including Admin charges. I request you to share the practice followed at your organisation. This query is applicable only for the organisations who are following CTC Structure
a) Are you retaining the existing CTC and reducing the net take home salary of the employees?
b) Revising the CTC to adjust the difference and retaining the Net take home wages of the employees?
c) Any other practice? Please explain
Regards
Jeevarathnam P