SALARY STRUCTURE IN

BPO PRESENTED BY :REEMA DSOUZA

CHAITRA MHATRE

INTRODUCTION

COMPENSATION –Compensation is the most attractive and desirable thing which the employees desire and want and the employer is willing and ready to offer the same in exchange for their service rendered to the organization for accomplishing the goals and objectives of the organization

CORE COMPONENTS OF COMPENSATION :

DIRECT FINANCIAL : wages, salaries, bonuses and commissions

INDIRECT FINANCIAL: benefits, leaves, retirement plans, education, and employee services

NON-FINANCIAL: career development and advancement opportunities, opportunities for recognition, work environment and conditions

WAGES/SALARY STRUCTURE:

DECIDING WHAT TO PAY

APPROACHES AND TECHNIQUES TO DETERMINING BASE PAY:

Create job descriptionsConduct a job analysisPerform job evaluationsReview pay structuresParticipate in salary surveysCreate policies and administrative procedures

BPO

Business process outsourcing

The BPO sector is a booming business in the Indian business scenario

One of the largest generators of employment in the country

Provides staring salaries that are greater than those available in the public sector as well as other industries in the private sector

SALARY STRUCTURE

IN BPO

CAPGEMINI

MONTHLY COMPONENTS PER MONTH ANNUALISED Basic Rs.12,286 Rs.147,427House Rent Allowance Rs.6,143 Rs.73,714Conveyance Allowance Rs.800 Rs.9,600Other Reimbursements Rs.9,421 Rs.113,051Personal Allowances Rs.0 Rs.0     Gross Monthly Salary Rs.28,649 Rs.343,792     Statutory Payments++    Capgemini’s Contribution to PF Rs.1,474 Rs.17,688

Gratuity (accrual only)   Rs.7,088     Total Fixed Compensation   Rs.368,568     Performance Bonus   Rs.27,742     Total Cash Compensation   Rs.396,390     Benefits   Rs.2,890Mediclaim Insurance   Rs.270Personal Accident Insurance   Rs.530Group Term Life Insurance   Rs.3,690Total Benefits         Total Cost to Company   Rs.400,000     

THANK YOU