How Do You Design a Salary Structure for a 300,000 CTC? Seeking Advice!

Hello All,

One of our employees has a CTC of 300,000/- per annum. Please advise on how to design the salary structure based on this CTC.

Your prompt response is appreciated.

Warm Regards,
Amit Khurana

CTC includes all costs. If you want to cover the employee under PF, then 12% of the basic salary is to be considered as a cost. Normally, about 40% of the CTC is considered as the basic salary. The rest of the costs have to be attributed to allowances; one of them should be HRA if you are from Maharashtra or WB.