Negotiation of Salary

Negotiation of Salary

Points involved in the Negotiation of Salary I am writing here to the point article on Negotiation of Salary to understand in a better way. What are the criteria on which the compensation / salary is structured? The salary is always based on, Your Qualification. Your Experience in the Job title for which You applied. Your designation in the previous organisation / company. Your last drawn salary in the previous organization. The most important part is, your Age – Qualification – current Salary (3-way match) should be a reasonable match.…

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Salary Structure

Salary Structure

The Companies allow Employees to design Salary Structure according to their needs. It will give the broad components to decide the Structure of Salary. What is Salary Structure | Salary Structure Design? It is basically components under which the whole payment is divided depending on the Tax Planning of each employee.  The Companies provide the Basic Salary and the balance will be allowed to opt from the given components. It is called a Basket of Allowances (BOA). The Basic salary is always a Fixed component and BOA will be offered…

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