Hi everyone ....... Can any help me know - what is % of stipend over actual salary paid to any1???? please tell me asap Regards Poonam
From India, Mumbai
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From India, Mumbai
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Poonam, Your query is not clear. stipend is not paid to the employees who are already getting salary. Stipend is for trainees. Pon
From India, Lucknow
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616From India, Lucknow
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Yes, it's for trainees only. On what basis is the stipend amount decided? For example, if the salary is 20k after the completion of the training and probation period, then what amount of stipend should I pay him now?
From India, Mumbai
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From India, Mumbai
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As far as I know, there is no norm for fixing the stipend based on the salary likely to be fixed upon completion of the training period. It is at the discretion of the company to fix the stipend considering the cost of living.
Regards,
Pon
From India, Lucknow
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Regards,
Pon
From India, Lucknow
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ok thnx a loot. but if iam paying an trainee 10K as stipend tht wat shld be the salary i shld quote at his appouintment or confirmation???????
From India, Mumbai
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From India, Mumbai
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A classic case of "If you want the right answer, you have to ask the right question," I guess. Not trying to pull your leg, Poonam... hope you understand. Had you mentioned the complete inputs, both Pon and you could have avoided this flurry of postings and consequently saved time too, I guess? I suggest you post the ACTUAL situation you are facing now ALONG WITH the background info. That will help Pon and others to respond more accurately—the idea being that, at the end of the day, you ought to benefit from the responses of the members, rather than the issue being ping-ponged back and forth. Sorry for the direct response, if it has hurt you.
Regards,
TS
From India, Hyderabad
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Regards,
TS
From India, Hyderabad
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HC All - Trainees not covered for PF -2010.pdf
Salary-Note.doc
SALARY SHEET CALCULATION.xls