New wage code 50% of salary should be basic, how about variable pay?

Hi Community,

So as per new wage code, 50% of salary should be basic and the rest is allowances. If We have a variable pay component based on company performance. How will it be looked into?

Please advise

2 Likes
Powered by | India's No.1 Payroll and HR Software.
9000+ Clients
150 Cities
10 Lakh+ Users