Hello,
We are paying salary on a performance basis - like if anyone sells 20 kits, he will get 15,000/-. If he sells fewer, then he will get less, meaning if he sells 10 kits, he will get 7,500/-.
How can I calculate HRA Basic in this type of situation? Will the basic be variable each month?
From India, Pune
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We are paying salary on a performance basis - like if anyone sells 20 kits, he will get 15,000/-. If he sells fewer, then he will get less, meaning if he sells 10 kits, he will get 7,500/-.
How can I calculate HRA Basic in this type of situation? Will the basic be variable each month?
From India, Pune
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Irrespective of number of kit sold if you pay wage/salary then in any case it should not be less minimum wages prescribed by appropriate government.
From India, Pune
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470From India, Pune
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Dear Kaizanhr,
If you are recruiting anybody on wages/salary, then the above-mentioned structure cannot work for them. If you want to proceed with this, you have the option to have a service or sales contract with them, under which they will not be employees of your organization.
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If you are recruiting anybody on wages/salary, then the above-mentioned structure cannot work for them. If you want to proceed with this, you have the option to have a service or sales contract with them, under which they will not be employees of your organization.
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Salary Break Up - Performance Pay.xls
VARIABLE PAY.doc