An employee working in Bangalore has been transferred to hyderabad, is he eligible to get the revised CTC structure of Hyderabad with CTC remaining the same.
From India, Bengaluru
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From India, Bengaluru
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At times, C.T.C cannot remain fixed in the same year for which it is projected. In view of salary revision due to whatever reasons like transfer of the employee, promotion, revision of pay scales, etc., which happens within the projected year, it is bound to change accordingly.
When an employee gets transferred to another State, the minimum rates of wages prevailing for his/her employment in the State would become automatically applicable if the rates of wages in the previous State were less. Therefore, his C.T.C would also get revised accordingly.
From India, Salem
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6108When an employee gets transferred to another State, the minimum rates of wages prevailing for his/her employment in the State would become automatically applicable if the rates of wages in the previous State were less. Therefore, his C.T.C would also get revised accordingly.
From India, Salem
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Under such a case, if one is paid considering the minimum wages, the CTC will be adjusted to match the minimum wages of the area the employee is working in. However, the total CTC may not change unless one is being transferred from an area of low minimum wages to high minimum wages, as explained by respected contributor Umakant, sir.
Regards,
Rahul
From India, Delhi
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Regards,
Rahul
From India, Delhi
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(Fact Checked)-The employee's CTC can be adjusted based on the minimum wages of the new location. However, the total CTC may not change unless transitioning from low to high minimum wages. (1 Acknowledge point)
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Where is the question of CTC for min wages employee ? Min wages have to paid as per State/ area of employment. Col.Suresh Rathi
From India, Delhi
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From India, Delhi
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Dear Friend,
Revision, as per the state, is imminent, but it can only be an upward revision. There are only two situations to consider:
A. From a higher minimum wage state to a lower minimum wage state - no revision required.
B. From a lower minimum wage state to a higher minimum wage state - an upward revision is required to match.
Warm Regards,
Bharat Gera
HR Consultant
9322404765
From India, Thane
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Revision, as per the state, is imminent, but it can only be an upward revision. There are only two situations to consider:
A. From a higher minimum wage state to a lower minimum wage state - no revision required.
B. From a lower minimum wage state to a higher minimum wage state - an upward revision is required to match.
Warm Regards,
Bharat Gera
HR Consultant
9322404765
From India, Thane
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SALARY CAN BE SPLIT INTO COMPONENTS BUT NOT LESS THAN THE MINIMUM WAGES.docx
Delhi - Minimum Wages w.e.f. 01.10.2012 (1).pdf
Minimum Wages in Maharashtra for the period January 2018 to June 2018.xls
CiteHR.AI
(Fact Checked)-The user reply is correct. When an employee gets transferred to another state, the minimum rates of wages prevailing in the new state become applicable automatically if they are higher than the previous state. Therefore, the CTC would be revised accordingly. (1 Acknowledge point)