how can we calculate an employee salary and gratuty
Answers were Sorted based on User's Feedback
Answer / amit
Any employee salary always came after included and
deduction so many thing like HRA,PF,convance
allowance,taxes if salay will came under tax slab .......
A person is applicable for gratuty only after complition of
5year with a company .....
| Is This Answer Correct ? | 22 Yes | 8 No |
Answer / vikash jallandhra
The components of salary include
Basic+HRA+Convenyence+Incentive and -PF-ESIC-tax
Than it is the salary which a person get at the end of the
month.
| Is This Answer Correct ? | 19 Yes | 5 No |
Answer / sharat
Addition to above...
Gratuity = (((BASIC + DA) * 15)/ 26) * Service Years
| Is This Answer Correct ? | 7 Yes | 2 No |
What is the market like for EM majors?
What are some opportunities for entertainment managers in the field of Sport Management?
What is the industry standard commission for a Manager and an Agent?
How important is experience for EM managers?
Under Operations, What are the principles of Control & Management?
What is the differrences between Life insurance, General insurance, ULIP & Mutual funds?
Which is the best institute in hyderabad to learn CS?
How will you influence people to strive willingly for group objectives in your organization (target based industry)? Apply your interpersonal influence through communication process towards attaining your specialized goals?
1 Answers Asian Paints, Sadhu Forging,
PF calculations taken like this below example Basic [3000]+ DA [2500]+ HRA [2200]+ Other Allow.[2000]= Gross [9700] PF 12% = Basic[3000] + DA[2500]= 660 or 12% of the 60% of the Gross Salary Gross Salary(9700x60%)x 12%)= 698 In both of the two amount, PF is taken in whichever is higher? That is PF = 698
why the people interested in personnel management?what is the difference between hr and personnel management?
difference between direct method of recruitment and indirect method of recruitment
Whether Inter-State transfer of services of a workman should necessarily be supported by terms of appointment.
Business Administration (517)
Marketing Sales (1279)
Banking Finance (3208)
Human Resources (747)
Personnel Management (68)
Hotel Management (29)
Industrial Management (113)
Infrastructure Management (14)
IT Management (97)
Supply Chain Management (16)
Operations Management (39)
Funding (79)
Insurance (494)
Waste Management (1)
Labor Management (48)
Non Technical (73)
Business Management AllOther (546)