Dear HRs, I have recently joined a new startup wherein there are only 10 employees as of now and nothing is in place.
I m currently working on salary breakup structure, there are employees whose basic is above 15k but there are some who have it less than 15k as their basic so is there any mandate in terms of labour or wages act wherein basic salary guideline is mentioned.
Details to understand this better:
State: Mumbai
Industry: Ecommerce
Want to understand how would PF, ESIC work for us? bcuz we have not yet implemented that.
Please help me with your valuable inputs
I m currently working on salary breakup structure, there are employees whose basic is above 15k but there are some who have it less than 15k as their basic so is there any mandate in terms of labour or wages act wherein basic salary guideline is mentioned.
Details to understand this better:
State: Mumbai
Industry: Ecommerce
Want to understand how would PF, ESIC work for us? bcuz we have not yet implemented that.
Please help me with your valuable inputs