Discerning the Components of Your Pay and Compensation for Improved Financial Management
Basic Salary
This is the core of your salary package and relies on your job role and level. It is a fixed amount that makes up a significant part of your compensation structure.
Bonuses and Profit Sharing
This component, though variable, helps enhance your earnings depending on the company's financial performance and your contribution to it.
Allowances and Perquisites
These are provided based on the personal needs and the nature of your job. It could range from travel allowances, meal coupons, to technology aids for remote work.
Retirement Contributions
The company contributes to your retirement fund. This portion is not included in your take-home salary but aids in your long-term financial security.
Feedback and Queries: Please email your queries or suggestions about the salary structure to our payroll team at payroll@company.com