I am joining a manufacturing company in HR. Please confirm the salary breakup. Do we calculate the salary based on the basic salary as per the minimum labor wages or 35-40% of the Annual CTC? Please share your ideas.
From India, New%20Delhi
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I am joining a manufacturing company in HR. Please confirm the salary breakup. How do we calculate the salary? Is the basic salary calculated as per the labor minimum wages or as 35% or 40% of the annual CTC? Please suggest your ideas.
From India, New%20Delhi
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From India, New%20Delhi
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I am joining a manufacturing company in HR. Please confirm the salary breakup. How do we calculate the salary? Is the basic salary calculated as per the minimum wages for labor or as 35% or 40% of the annual CTC? Please share your ideas and suggestions.
From India, New%20Delhi
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Sonam,
Would you please define briefly what exactly you want to ask? Your question is confusing us.
1. What breakup do you want - Staff or Labour?
If staff, then you can consider:
- Basic Salary: 40% of total Gross Earnings
- HRA: 50%
- Other allowances like conveyance, special, etc.
If worker:
You have to consider:
- Basic + DA (as per minimum wages zone-wise)
Abhay
From India, Pune
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7Would you please define briefly what exactly you want to ask? Your question is confusing us.
1. What breakup do you want - Staff or Labour?
If staff, then you can consider:
- Basic Salary: 40% of total Gross Earnings
- HRA: 50%
- Other allowances like conveyance, special, etc.
If worker:
You have to consider:
- Basic + DA (as per minimum wages zone-wise)
Abhay
From India, Pune
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Typical salary breakup.jpg
Salary breakup format.xls
Salary & Compensation Guidelines.zip