In most companies, basic salary makes up almost half (40 - 50%) of the salary paid to the employees. This is an overall figure that comprises the following key salary components. Typically, employees have a CTC – cost to the company – associated with them. This article will show you a simple salary slip format that takes the least effort and can be easily used in your company. With so many options, deciding which template to follow for your employees can get a little overwhelming. There is no fixed template for a salary slip, so you can find a broad range of samples online when you search ‘how a salary slip looks like’. Not only do your employees expect to be paid on time and all they are owed, but India's workforce rules and regulations also mandate it. This includes knowing how to make a salary slip that is easily comprehended and captures all the essential payment-related details. Managing payroll is crucial if you are a business owner or an employer.
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