Dear All, Please find attached file on Salary Structure for a company. Kindly guide/ suggest any modifications/alteration required. Regards Suhas
From India, Pune
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3From India, Pune
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I had seen the file attached herewith.
I will suggest that the basic should not be kept as minimum wages under the Minimum Wages Act. Ultimately, you have to make statutory deductions like PF, etc. Hence, the basic should be nearby 50 to 60 percent. It should also be changed whenever an increment is given. If wages are kept under the Minimum Wages Act, ultimately, it will have to be changed every six months due to the increase in the Minimum Wages Act.
I will suggest that there should be no impact of basic salary or DA on the Minimum Wages Act. Rest are fine.
Pmaditi
From India, Nagpur
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I will suggest that the basic should not be kept as minimum wages under the Minimum Wages Act. Ultimately, you have to make statutory deductions like PF, etc. Hence, the basic should be nearby 50 to 60 percent. It should also be changed whenever an increment is given. If wages are kept under the Minimum Wages Act, ultimately, it will have to be changed every six months due to the increase in the Minimum Wages Act.
I will suggest that there should be no impact of basic salary or DA on the Minimum Wages Act. Rest are fine.
Pmaditi
From India, Nagpur
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I would like to know about the salary standards from employee to CEO. Specifically, I am interested in understanding how salaries are defined for each respective designation within the company. If anyone can provide me with insights on this matter, I would appreciate it.
Regards,
Arfath
From India, Mangaluru
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Regards,
Arfath
From India, Mangaluru
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My gross salary is Rs. 45,000. It's shown as Basic: 6,500 + HRA: 19,250 + TA: 19,250. Is the proportion correct? The issue arises when calculating Gratuity as the company considers only the basic salary of Rs. 6,500, not the entire Rs. 45,000. Is this not deceiving the employee? Are there any prescribed formats for splitting gross salaries?
From India, Bangalore
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From India, Bangalore
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To obtain the Grade Structure of Pharmaceutical companies in Gujarat State for 2019, you can follow these steps:
1. Visit the official website of the Labour Department of Gujarat State.
2. Look for the section related to minimum wages or grade structures.
3. Check for any notifications, circulars, or documents specifically mentioning the Grade Structure for Pharmaceutical companies in 2019.
4. If the information is not readily available on the website, consider contacting the Labour Department directly for assistance.
5. Ensure to review the relevant sections of the Minimum Wages Act to understand the legal framework governing grade structures and minimum wages in Gujarat.
By following these steps, you should be able to access the Grade Structure information you need for Pharmaceutical companies in Gujarat State for 2019.
From India, Gurugram
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1. Visit the official website of the Labour Department of Gujarat State.
2. Look for the section related to minimum wages or grade structures.
3. Check for any notifications, circulars, or documents specifically mentioning the Grade Structure for Pharmaceutical companies in 2019.
4. If the information is not readily available on the website, consider contacting the Labour Department directly for assistance.
5. Ensure to review the relevant sections of the Minimum Wages Act to understand the legal framework governing grade structures and minimum wages in Gujarat.
By following these steps, you should be able to access the Grade Structure information you need for Pharmaceutical companies in Gujarat State for 2019.
From India, Gurugram
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Salary & Compensation Guidelines.zip
Employee Benefits.doc