Hi, I am Shree Chopra, I have been appointed as an HR in IT company, we are located in Karnataka. I was assigned on components of Salary, I was looking for brief knowledge on the same.
From India, Trivandrum
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From India, Trivandrum
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The following are the key components of salary structure based on your compensation and benefits policy. You may include any other attractive allowances, perks, etc.:
- CTC or Cost to Company
- Basic Salary
- Allowances
- Bonus
- Provident Fund (PF)
- Insurance
- Tax
- Net Salary
- Gross Salary
Kindly go through the below article for a basic understanding in a simpler form on CTC: https://www.monsterindia.com/career-...ents-7991.html
Regards
From India, Chennai
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321- CTC or Cost to Company
- Basic Salary
- Allowances
- Bonus
- Provident Fund (PF)
- Insurance
- Tax
- Net Salary
- Gross Salary
Kindly go through the below article for a basic understanding in a simpler form on CTC: https://www.monsterindia.com/career-...ents-7991.html
Regards
From India, Chennai
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SALARY CAN BE SPLIT INTO COMPONENTS BUT NOT LESS THAN THE MINIMUM WAGES.docx