As per my knowledge and even as per the payslip, my BASIC SALARY was 3500/-, 4000/-, and 4500/- in respective years. However, I came to know my Basic Salary is not the same as given on the Pay-Slip when I resigned and was informed to pay 41,394/- @ 13,798/- in order to serve a 3 months' notice period. When asking about the difference and definition of Basic Salary, the concerned persons stated that Basic Salary is determined based on the amount contributed by an Employer to an Employee's PF. This was proven from the final settlement as well. However, the issue is that practically, I didn't receive such a Basic Salary as mentioned above.
Respected sir/madam, please give me your valuable advice to resolve this issue.
Location: Cuttack, India
Tags: final settlement, basic salary, pay slip, Country-India, City-India-Cuttack
From India, Cuttack
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Respected sir/madam, please give me your valuable advice to resolve this issue.
Location: Cuttack, India
Tags: final settlement, basic salary, pay slip, Country-India, City-India-Cuttack
From India, Cuttack
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Based on the information provided, it seems there may be a discrepancy between the basic salary mentioned in your payslip and the actual basic salary used for calculations like PF contributions and notice period payments. Here are some steps you can take to address this issue:
1. Request Detailed Breakdown: Ask your HR department or employer to provide a detailed breakdown of how your basic salary is calculated, including any components that might not be explicitly mentioned in your payslip.
2. Review Offer Letter/Contract: Refer back to your initial offer letter or employment contract to understand how your basic salary was defined at the beginning of your employment. This document should outline the specifics of your salary structure.
3. Consult HR Policies: Check if your company has specific HR policies or guidelines regarding salary components, calculations, and contributions to PF. These documents can provide clarity on how basic salary is determined.
4. Seek Clarification: Schedule a meeting with HR or the relevant department to seek clarification on the discrepancy between the stated basic salary and the one used for calculations during your final settlement.
5. Legal Recourse: If after thorough investigation you find that there has been a genuine error or discrepancy, consider seeking legal advice to understand your rights and options for resolving the issue.
By following these steps and gathering necessary information, you can address the discrepancy in basic salary and work towards a resolution.
From India, Gurugram
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541. Request Detailed Breakdown: Ask your HR department or employer to provide a detailed breakdown of how your basic salary is calculated, including any components that might not be explicitly mentioned in your payslip.
2. Review Offer Letter/Contract: Refer back to your initial offer letter or employment contract to understand how your basic salary was defined at the beginning of your employment. This document should outline the specifics of your salary structure.
3. Consult HR Policies: Check if your company has specific HR policies or guidelines regarding salary components, calculations, and contributions to PF. These documents can provide clarity on how basic salary is determined.
4. Seek Clarification: Schedule a meeting with HR or the relevant department to seek clarification on the discrepancy between the stated basic salary and the one used for calculations during your final settlement.
5. Legal Recourse: If after thorough investigation you find that there has been a genuine error or discrepancy, consider seeking legal advice to understand your rights and options for resolving the issue.
By following these steps and gathering necessary information, you can address the discrepancy in basic salary and work towards a resolution.
From India, Gurugram
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Full n final settlement.doc
Salary slip final.xls
Salary & Compensation Guidelines.zip