What are the most common errors HR managers make when they design employee salary packages, and how can the greytHR software help prevent or fix those errors?
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Common mistakes HRs make when configuring CTC structures include:
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Overcomplicating the salary components.
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Misclassifying allowances and benefits.
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Ignoring tax implications.
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Not aligning with compliance regulations.
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Failing to communicate clearly to employees.
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As per my point of view some common mistakes are ignoring latest tax rules updates, no proper communication between employess and many more common points. Even people working at ai development services providers in India have faced this.
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