Download - Salary Component
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8/8/2019 Salary Component
1/1
Component b is redeemable monthly or yearly
If u redeem it monthly
Ur in hand after tax n employee pf contribution will be 31000
If u dnt redeem it mnthly n u want ir yearly thn ur monthly will be 30000 after tax n pf employee
conti
The third component is redeemed after 3 years
Fixed will be 30000 + the variable
Salary Component Amt per month (Rs) Amt per annum (Rs)
Total Monthly Salary (A)
Salary shall include Basic Salary, House Rent Allowance,
Conveyance & Special Allowance
30,395 3,64,744
Total Reimbursement (B)
Reimbursements shall include Food (Coupons),
Medical, Telephone & LTA
2,640 31,683
Total Retiral (C)
Retirement benefits shall include PF & Gratuity
2,381 28,573
Fixed Compensation (A+B+C) 35,417 425,000
Performance linked Variable Pay
as per Company policy up to
1,38,750
Potential Annual Remuneration
5,64,000
on Cost to Company Basis