Usually, the basic salary is 40% to 50% of CTC (Cost to Company). Statutory components such as bonus, PF, gratuity, and other benefits are determined on the basis of the basic salary.
Was this article helpful?
Related Links:
❓FAQs- To read more FAQs about the Employee Salary, click here.
▶Video- To watch the Salary Revision video, click here.
📃Documentation- To read more about the Salary, click here.
📢Product Update- To read about the product update, click here.