This is the salary structure that most of the IT companies follow, including mine :
Base Pay Basic Salary* House Rent Allowance* (40% of Basic) Fixed Benefits Conveyance* Educational* (Rs. Per Annum) Medical Allw.* (Rs. Per Annum) Leave Travel Allowance ( 1 Month Basic per Annum) Long Term Benefits Provident Fund *(12% of Basic) Group Personal Accident Insurance Medical Insurance Gratuity TOTAL
Hope you may get few insights from this. Mathews
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