HR Zone » Compensation and Benefits » Queries in calculation of PF,Bonus
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2 Replies
3322 Views
2 Replies
Queries in calculation of PF,Bonus
Type: HR, Report if not a HR topic
Posted 27-12-2012Reply
Can any one tell me how to calculate bonus, pf and superannuation. I referred to the material from net but everywhere i got new formula, so i am still confused?? pls guide me.
Hi Varsha,
There were similar topics posted on hrlink earlier...you might want to search the forums...
Here are few that could help you out :
http://hrlink.in/topics/how-to-calculate-salary
http://hrlink.in/topics/how-2-calculate-gratutity-2
However, keep in mind, salary structure, bonus and other comp and ben breakups would vary from company to company. Hence, if you do not have a policy in place yet, you can study, take suggestions from other HRs and make a policy that would suit your firm the best.
All the best...
Cheers,
Diana
There were similar topics posted on hrlink earlier...you might want to search the forums...
Here are few that could help you out :
http://hrlink.in/topics/how-to-calculate-salary
http://hrlink.in/topics/how-2-calculate-gratutity-2
However, keep in mind, salary structure, bonus and other comp and ben breakups would vary from company to company. Hence, if you do not have a policy in place yet, you can study, take suggestions from other HRs and make a policy that would suit your firm the best.
All the best...
Cheers,
Diana