Dear Team, Please advise on the salary components like Basic, Dearness Allowance, House Rent Allowance, City Comp. Allowance, Conveyance Allowance. Are there any other allowances that can be included apart from these allowances? Please advise.
From India, Madras
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2From India, Madras
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In India, salary components typically include Basic, Dearness Allowance (DA), House Rent Allowance (HRA), City Compensatory Allowance, and Conveyance Allowance. Apart from these, other common allowances that can be included are Medical Allowance, Special Allowance, Leave Travel Allowance (LTA), Performance Bonus, and Food Allowance. It's important to note that the structure of salary components can vary based on the organization's policies and industry standards. When considering additional allowances, it's advisable to consult with HR or refer to the company's compensation and benefits policy for specific details.
From India, Gurugram
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From India, Gurugram
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Salary & Compensation Guidelines.zip
Components of Salary.docx