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    Employee Salary Break Up PDF

    Uploaded by

    Chandra Kanth
    The document outlines an employee's salary breakup over an 18 month period at Raster Engineers Pvt. Ltd. For the first month, the employee receives a stipend of Rs. 5,000. For months 2-4, the cost to company is Rs. 10,650 per month including PF and ESI. For months 5-18, the cost to company is Rs. 14,000 per month including PF and ESI. The employee can continue working or resign after 18 months with 2 months notice.

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    Employee Salary Break Up PDF

    Uploaded by

    Chandra Kanth
    114 views1 page
    The document outlines an employee's salary breakup over an 18 month period at Raster Engineers Pvt. Ltd. For the first month, the employee receives a stipend of Rs. 5,000. For months 2-4, the cost to company is Rs. 10,650 per month including PF and ESI. For months 5-18, the cost to company is Rs. 14,000 per month including PF and ESI. The employee can continue working or resign after 18 months with 2 months notice.

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    EMPLOYEE SALARY BREAK UP.pdf

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    The document outlines an employee's salary breakup over an 18 month period at Raster Engineers Pvt. Ltd. For the first month, the employee receives a stipend of Rs. 5,000. For months 2-4, the cost to company is Rs. 10,650 per month including PF and ESI. For months 5-18, the cost to company is Rs. 14,000 per month including PF and ESI. The employee can continue working or resign after 18 months with 2 months notice.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    114 views1 page

    Employee Salary Break Up PDF

    Uploaded by

    Chandra Kanth
    The document outlines an employee's salary breakup over an 18 month period at Raster Engineers Pvt. Ltd. For the first month, the employee receives a stipend of Rs. 5,000. For months 2-4, the cost to company is Rs. 10,650 per month including PF and ESI. For months 5-18, the cost to company is Rs. 14,000 per month including PF and ESI. The employee can continue working or resign after 18 months with 2 months notice.

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    © All Rights Reserved
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    Raster Engineers Pvt. Ltd.

    EMPLOYEE SALARY BREAK-UP

    Month Description CTC Payable


    1st Month Stipend 5000/-
    (Training Period)
    2nd Month
    For the Period of 3 = 10,650/- (Including all PF &
    3rd Month
    (2, 3, 4) Months ESI)
    4th Month
    5th Month
    6th Month
    7th Month
    8th Month
    For the Period of 12 months
    9th Month (5th to 18th Month)
    10th Month
    11th Month = 14,000/-
    12th Month (Including all PF & ESI)
    13th Month
    14th Month
    15th Month
    16th Month
    17th Month
    18th Month
    You can continue or give resignation on 18th 14,000 /- + Increment Salary
    month, as notice period will be for 60 days (Based on Performance)
    (2 months) and relieving will be in/ after 20th
    month if desires to resign.

    19th Month is increment time.


    (You will get increased salary from 19th
    month to next 12 months, if continued).

    CTC/ MONTH PF Amount ESI Amount Take home Duration


    10,650/- 1,449/- 613/- 8,588/- 2,3 & 4th Month
    14,000/- 1,905/- 806/- 11,289/- 5th to 18th Month
    Total Amount to (Total receivables to employee)
    Employee

    Note: PF amount will be credited into your PF account (Amount is yours) + Take home will be credited to
    your salary account (KVB Bank).
    I have read the above salary structure and it is acceptable to me.

    HR Signature Employee Signature

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