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Salary Structure Info :

Planning the salary structure of the employee is important due to the following reasons

• To reduce the tax burden of the employees
• To reduce the statutory liability of the company

           Many statutory liabilities of the employer towards the employees are based on their salary. the salary should be structured in such a way that it reduces the                                       exposure of the employer towards future contingencies that may arise due to dispute between the employer and employee..

• To increase the take home pay of the employee

           In this competitive world retaining good employees is the key to organisation success. The payroll should be designed in such a way that the employee get maximum take home pay.