Please, someone reply if an employee takes an increment (yearly increment as per company policy), will the amount be added to their basic salary or to their allowances. Awaiting your swift response. Thank you.
From Kuwait
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From Kuwait
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The increament amount can be distributed both in Basic and Allowances as per the norms. Regards byomjeet
From India, Delhi
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7From India, Delhi
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Hi, It Depends on the company policy to distribute the amount in diffrent heads. If we still dont have any policy can go throug the past records. Thanks, Rahul Sethi
From India, Delhi
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From India, Delhi
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Hi, An increment would lead to modification of the Basic & other allowances which are the components of the salary structure as per the company norms. Regards Aparna HR Professional
From India, Gurgaon
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From India, Gurgaon
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Dear Sender Any annual increment will increase in basic and may also increase in other allowances. This will vary from organisation to organisation. Regards L.Kumar
From India, Madras
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From India, Madras
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Dear Zahra Akhtari,
You can distribute the annual increment among Basic, DA, HRA, and other allowances if any. You can add approximately 25% of the increment to Basic, and the remaining 75% may be distributed among DA, HRA, and other allowances. If you provide me with your company's salary structure, I will be able to suggest the distribution ratio.
Regards,
MSP Bash
Email: bashamsp@rediffmail.com
From India, Hyderabad
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You can distribute the annual increment among Basic, DA, HRA, and other allowances if any. You can add approximately 25% of the increment to Basic, and the remaining 75% may be distributed among DA, HRA, and other allowances. If you provide me with your company's salary structure, I will be able to suggest the distribution ratio.
Regards,
MSP Bash
Email: bashamsp@rediffmail.com
From India, Hyderabad
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hi Normally the word increment relates to Basic If there is increase in other allowances, we refer to that as revision If you talk about increment. add it to basic Siva
From India, Chennai
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From India, Chennai
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Dear assalam aliqum Any annual increment will increase in basic and may also increase in other allowances. This will vary from organisation to organisation. Regards saquib
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Hi everyone,
Can anyone help me with the standard rules for increments? What percentage should be given, and do we have any standard rules for bonuses? Also, if a new employee joins our company, what is the maximum percentage of a salary hike we can offer them?
From India, Bengaluru
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Can anyone help me with the standard rules for increments? What percentage should be given, and do we have any standard rules for bonuses? Also, if a new employee joins our company, what is the maximum percentage of a salary hike we can offer them?
From India, Bengaluru
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Salary Structure Policy ().xls
Creating a Competitive Salary Structure.doc