Increment - Company Policy

zahra_akhtari
please some one reply
if an employee take increment (yearly increment which is as per company policy )is the amount will add to his basic salary or add to his allowances.
awaiting to your swift response
thank you
byomjeet
The increament amount can be distributed both in Basic and Allowances as per the norms.
Regards
byomjeet
Rahul Sethi
Hi,
It Depends on the company policy to distribute the amount in diffrent heads. If we still dont have any policy can go throug the past records.
Thanks,
Rahul Sethi
aparna_ios
Hi,
An increment would lead to modification of the Basic & other allowances which are the components of the salary structure as per the company norms.
Regards
Aparna
HR Professional
L.Kumar
Dear Sender
Any annual increment will increase in basic and may also increase in other allowances. This will vary from organisation to organisation.
Regards
L.Kumar
bashamsp
Dear zahra_akhtari,
You can distribute the Annual increment among Basic, DA, HRA and other allowances if any. You can add approx 25% of increment in Basic and remaining 75% may be distributed among DA, HR & other allowances. If you provide me your company salary structure, I will be able to suggest the distribution ratio.
Regards,
MSP Bash
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tsivasankaran
hi
Normally the word increment relates to Basic
If there is increase in other allowances, we refer to that as revision
If you talk about increment. add it to basic
Siva
saquibnisar
Dear assalam aliqum
Any annual increment will increase in basic and may also increase in other allowances. This will vary from organisation to organisation.
Regards
saquib
Afshiya
Hi everyone ,
Can anyone help me with standard rule for increment what is the percentage to be given and need to know do we have any standard rules for bonus and if new employee joins our company what is the maximum % of hike we can give them
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