Hi, Please guide me, Our company is planning to raise the Basic Salary to above Rs.15000, as above this limit Pf contribution is not mandatory for both employee and employer, it has 40 employees and this is the first time they are planning to go for Pf, is it ok or is there any ceiling on Basic Salary...
From India, Chennai
From India, Chennai
Hi
Try not to jump the gun and wait for the employers action before you look for the solution. Have patience and one cannot take action much less against an employer on hearsay or gossip no matter how strong the rumours can be. I do not think it can be possible in the long run as you still need some assistant level employees to do the routine chores and employer will think twice before paying them the salary you are talking here.
Thanks and Regards
From India, Hyderabad
116Try not to jump the gun and wait for the employers action before you look for the solution. Have patience and one cannot take action much less against an employer on hearsay or gossip no matter how strong the rumours can be. I do not think it can be possible in the long run as you still need some assistant level employees to do the routine chores and employer will think twice before paying them the salary you are talking here.
Thanks and Regards
From India, Hyderabad
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Salary-Note.doc
SALARY SHEET CALCULATION.xls