I work in a private limited company. There are 400 employees in that company, and I want to know what the salary structure should be there. I also want to know about the annual leave for employees in detail. Please help me.
From India, Delhi
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4From India, Delhi
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Hi Hrmenaka,
Greetings of the day!
As per your query, I would like to ask you to focus on the following points regarding the Salary Structure:
1. What type of company is it?
2. You have to go through the HR policies of the company.
3. Strict statutory compliance following in that region is a must.
4. There are numerous components depending upon the type of company; however, the major components to be considered are:
Basic + HRA + DA/VDA + transport allowance = Gross per month
Gross per month * 12 = Gross per annum
To be added: PF contribution from the employer's end
Arrears if any
Ex gratia / annually
To be deducted: PF deduction, labor welfare fund.
From India, New Delhi
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Greetings of the day!
As per your query, I would like to ask you to focus on the following points regarding the Salary Structure:
1. What type of company is it?
2. You have to go through the HR policies of the company.
3. Strict statutory compliance following in that region is a must.
4. There are numerous components depending upon the type of company; however, the major components to be considered are:
Basic + HRA + DA/VDA + transport allowance = Gross per month
Gross per month * 12 = Gross per annum
To be added: PF contribution from the employer's end
Arrears if any
Ex gratia / annually
To be deducted: PF deduction, labor welfare fund.
From India, New Delhi
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Warm Greetings, IS DA compulsory to give to the employees. If not than how we can meet the minimum wages requirements. Regard’s Vikas
From India, Bangalore
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From India, Bangalore
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Employee Benefits.doc