Full Knowledge Of Salary Making

hi everyone,
Pls, can anybody help me out to guide me full knowledge of salary making. tarting from basic thing.
Ankur

iam a student of NDIM in 3rd sem doin MBA HR..our collg is not inviting gud companies for placement..only consultancies are coming and that also not reknown with bad salary package...and i hv posted my CV in naukri.com and all other portals m getting calls from consultancy only i hate joining a consultancy n doin recruitment ovr there...wat shud i do???
also give me full knowledge of salary structure ??

Dear Ankur,
The issue of salary making not a complex one.
You have take basic, hra conv, other allownances which is called gross salary. in case some companies provide medical, or any other allowances that are taken into account for bifurcation of salary. It is important to know the bifurcation of salary as it depends on ctc agreed with employee.
once u take the salary components then u have to ded pf , esi(if applicable ) profession tax, any loans or advances are there . Then u will arrive on net salary of the employee.
The pf is calculated on the basic earned and for esi basic,hra and other allownaces are taken into account for calculation. Pf is 12% and Esi is 1.75%.
If any further clarifications required u can mail me at [Login to view]
best wishes
Prabhakar Rao.M

Hi Divya
Post your question in another section like if you want to talk with senior then go to Talk to senior section or if you want to know about the vacancies so go to that section. Do not post your question where something is already going up here nobody will give you any reply. So its better to post your question in the right section.
Thanks
Sushma

hello , its rahul here
can anyone tell me , how to make a proper salary of an employee,
suppose anyone is getting 10,000 what will be the salary structure

Dear all,
Please do be specific on what all facilities you have apart from the basic , hra and other things....