Will it be ok if PL ,Bonus,Gratuity not be a part of salary structure official in payslip ans appointment letter
From India
2From India
During Salary fitment we should not consider the same. because these are social security benefits. so we can put the same by following ways :
1) You will be entitled for Bonus as per bonus act
2) You will be entitled for gratuity as per gratuity act
From India, undefined
1) You will be entitled for Bonus as per bonus act
2) You will be entitled for gratuity as per gratuity act
From India, undefined
Dear Gaurav, PL, Bonus and gratuity needs a definite mention in the appointment letter; however will not be a part of payslip unless for the months they are paid to the employee. Regards Rahul
From India, Delhi
From India, Delhi
Dear Gauravbdwj,
PL, Bonus and Gratuity need not be a part of your salary structure. They can be mentioned in the payslips only when they are paid out to your employees.
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Regards,
Sairam Bandi
From India, Bengaluru
PL, Bonus and Gratuity need not be a part of your salary structure. They can be mentioned in the payslips only when they are paid out to your employees.
Click on the "+" sign for more helpful answers like these
Regards,
Sairam Bandi
From India, Bengaluru
Dear Gauravbdwj,
If your package is cost to company(CTC) then Bonus, PF and Gratuity is part of your salary Structure. But PL is not part of Salary Structure and it is mandatory under factories act under leave with wages that for 20 days working 1 day leave should be granted to the employees.
So PL is different component but Bonus ,PF and Gratuity is part of Salary if Company is offering you the package under CTC structure
Regards
Deepak Kundu
DM-HRM
From India, Gandhidham
If your package is cost to company(CTC) then Bonus, PF and Gratuity is part of your salary Structure. But PL is not part of Salary Structure and it is mandatory under factories act under leave with wages that for 20 days working 1 day leave should be granted to the employees.
So PL is different component but Bonus ,PF and Gratuity is part of Salary if Company is offering you the package under CTC structure
Regards
Deepak Kundu
DM-HRM
From India, Gandhidham
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PF on PL SC.doc