Dear all , i need your valuable suggestion in this regard.
what should be standard salary ratio with turn over of Plastic ARTICLE manufacturing (Domestic, agricultural ) & marketing of the same product company having turnover of 100 CR?
From India, Islampur
1what should be standard salary ratio with turn over of Plastic ARTICLE manufacturing (Domestic, agricultural ) & marketing of the same product company having turnover of 100 CR?
From India, Islampur
It depends upon idunstry. In munf. It may ranges from 1.5% to 5% as std. In it it may be from 8% to 25% where the only investment is salary. In service industry it may vary from 5 to 15%.
It has its own logic and justification which require a basic approach that is industry cum region formula and organisation'sility to pay.
Thanks.
Gyan prakash mishra
From India, Bangalore
It has its own logic and justification which require a basic approach that is industry cum region formula and organisation'sility to pay.
Thanks.
Gyan prakash mishra
From India, Bangalore
Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.
Salary-Note.doc
SALARY SHEET CALCULATION.xls