Dear All, Im working in a Manufacturing Company, I have to device a salary structure for my company..Urgent help requird on this matter...
From India, Mumbai
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12From India, Mumbai
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hi vandana..... hope the attachment will help you............. Regards Vineetha Sr HR
From India, Bangalore
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From India, Bangalore
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Thank you so much, Vineetha. Basically, I want a salary structure based on the hierarchy. For example, for a junior executive, the salary range is $4000-$6000. This range can be further broken down into $4000-$4500-$5000-$5500-$6000. At the time of appraisal, depending on his performance, his salary will vary, and he will receive increments as shown. Once he achieves $6000, he will be promoted to the next level, which is executive. If anyone has a format or a structure like this, please share it with me.
From India, Mumbai
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From India, Mumbai
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Hi Vandana,
First, you should discuss the subject with top management and finance personnel regarding the salary structure. The finance team has experience in salary policy and taxes, and then you can structure the salaries based on hierarchy levels.
Please find the attached sample file of the salary structure. I hope it will be helpful to you.
With Regards,
Vijay
From India, Madras
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First, you should discuss the subject with top management and finance personnel regarding the salary structure. The finance team has experience in salary policy and taxes, and then you can structure the salaries based on hierarchy levels.
Please find the attached sample file of the salary structure. I hope it will be helpful to you.
With Regards,
Vijay
From India, Madras
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Dear Vineetha, As per your salary break-up sheet, basic is 35%, which is less than the minimum wages....Kindly suggest whether 35% BASIC can we consider in Punjab, where minimum wages are 3398???
From India, Chandigarh
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From India, Chandigarh
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Hi all,
Could anyone explain to me in detail about salary structure? What should be the Basic, HRA, DA, allowances, etc., in percentage? Should Basic not be less than 35%? Some people suggest that Basic varies from 35% to 60%.
Regards,
Pushpendra
From India, Delhi
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Could anyone explain to me in detail about salary structure? What should be the Basic, HRA, DA, allowances, etc., in percentage? Should Basic not be less than 35%? Some people suggest that Basic varies from 35% to 60%.
Regards,
Pushpendra
From India, Delhi
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Creating a Competitive Salary Structure.doc
Compensation Structure.ppt