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  • Searce - Salary Structure PDF

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    Shashwat Shrivastava
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    The document outlines an employee's annual and monthly compensation breakdown including a basic salary of Rs. 210,000 annually or Rs. 17,500 monthly. It also includes allowances for HRA, travelling, special, education, attire, telephone/internet and totals to an annual base pay of Rs. 566,504 or Rs. 47,209 monthly. Employer PF contributions, gratuity and total retirals are listed, bringing the fixed annual CTC to Rs. 600,000 or Rs. 50,000 monthly. Additionally, there is an annual loyalty bonus of Rs. 200,000 and annual variable pay of Rs. 200,000, resulting in a total annual CTC of Rs. 1,000

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    Searce_Salary Structure.pdf

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    The document outlines an employee's annual and monthly compensation breakdown including a basic salary of Rs. 210,000 annually or Rs. 17,500 monthly. It also includes allowances for HRA, travelling, special, education, attire, telephone/internet and totals to an annual base pay of Rs. 566,504 or Rs. 47,209 monthly. Employer PF contributions, gratuity and total retirals are listed, bringing the fixed annual CTC to Rs. 600,000 or Rs. 50,000 monthly. Additionally, there is an annual loyalty bonus of Rs. 200,000 and annual variable pay of Rs. 200,000, resulting in a total annual CTC of Rs. 1,000

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    246 views1 page

    Searce - Salary Structure PDF

    Uploaded by

    Shashwat Shrivastava
    The document outlines an employee's annual and monthly compensation breakdown including a basic salary of Rs. 210,000 annually or Rs. 17,500 monthly. It also includes allowances for HRA, travelling, special, education, attire, telephone/internet and totals to an annual base pay of Rs. 566,504 or Rs. 47,209 monthly. Employer PF contributions, gratuity and total retirals are listed, bringing the fixed annual CTC to Rs. 600,000 or Rs. 50,000 monthly. Additionally, there is an annual loyalty bonus of Rs. 200,000 and annual variable pay of Rs. 200,000, resulting in a total annual CTC of Rs. 1,000

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    Particulars Annual Monthly

    Basic 210,000 17,500


    HRA 84,000 7,000
    Travelling Allowance 36,000 3,000
    Special allowance 158,504 13,209
    Education Allowance 18,000 1,500
    Attire Allowance 36,000 3,000
    Telephone / Internet Allowance 24,000 2,000
    Total Base Pay 566,504 47,209
    Employer PF 23,400 1,950
    Gratuity 10,096 841
    Total Retirals 33,496 2,791
    Fixed CTC Yearly 600,000 50,000
    Annualized Loyalty Bonus ( Payable in 200,000 16,667
    2023)
    Annual Variable Pay [payable quarterly] 200,000 16,667

    Annual CTC 1,000,000 83,333

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