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Components of compensation
Human Resources » Industrial Law & Discipline


Chrm Message From: raj pinapati Total Posts: 2 Join Date: 10/12/2008
Rank: Beginner Post Date: 10/12/2008 04:56:07 Points: 10 Location: India
Can anybody tell me meaning of components of compensation structure?
Chrm Message From: hrtech Total Posts: 32 Join Date: 10/12/2008  
Rank: Executive Post Date: 10/12/2008 22:48:21 Points: 160 Location: India

the components of compensation structure may be classified into :-

Basic
HRA
Medical Allowance
Conveyance Allowance
Special Allowance
Supplimentary Allowance
LTA
PF
Gratuity etc..

It would depend on company to company to have its own comp structure.

Regards

hrtech

 
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