I work in a private limited company. There are 400 employees in that company, and I want to know what the salary structure should be there. I also want to know about the annual leave for employees in detail. Please help me.
From India, Delhi
Acknowledge(0)
Amend(0)
4From India, Delhi
Acknowledge(0)Amend(0)
As per your query, I would like to ask you to focus on the following points regarding the Salary Structure:
1. What type of company is it?
2. You have to go through the HR policies of the company.
3. Strict statutory compliance following in that region is a must.
4. There are numerous components depending upon the type of company; however, the major components to be considered are:
- Basic + HRA + DA/VDA + transport allowance = Gross per month
- Gross per month * 12 = Gross per annum
- To be added:
- PF contribution from the employer's end
- Arrears if any
- Ex gratia / annually
- To be deducted:
- PF deduction
- Labor welfare fund
Regards
From India, New Delhi
Acknowledge(1)
Amend(0)
1. What type of company is it?
2. You have to go through the HR policies of the company.
3. Strict statutory compliance following in that region is a must.
4. There are numerous components depending upon the type of company; however, the major components to be considered are:
- Basic + HRA + DA/VDA + transport allowance = Gross per month
- Gross per month * 12 = Gross per annum
- To be added:
- PF contribution from the employer's end
- Arrears if any
- Ex gratia / annually
- To be deducted:
- PF deduction
- Labor welfare fund
Regards
From India, New Delhi
Acknowledge(1)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Employee Benefits.doc