Salary Restructuring and Re-grading: How Do Companies Decide on the Criteria?

Dear Friends,

Has anyone worked on salary restructuring and re-gradation for a company? Can anyone explain to me on what basis it is done?

Regards,
Anil Ronald Corda

Hi there,

Why don't you use your labor law as a basis for structuring your salaries? However, do consider the document I included in the reply I made in the following thread: https://www.citehr.com/242195-salary-structure.html.

Regards

Dear Mr. Raj,

I'm working with a manufacturing company and joined 4 months ago. The company has 60 employees, but their salary structure is very poor. For instance, the calculation of Basic, HRA, Conveyance Allowance, Medical Allowance, and Education Allowance is not done correctly in accordance with the IT rules.

I need information about the salary structure percentage-wise based on the Gross Salary. I also want to confirm if, as per IT rules, we can allocate Conveyance Allowance = 800/-, Medical Allowance = 1250, and Education Allowance = 1000 to all employees (even those with a Gross salary exceeding Rs. 50,000/-), or if we can allocate more than the mentioned figures.

Thanks and Regards,
Ajay
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