Dear Experts:
Ours is a organisationw with 50 employees. We are planning a third party contract for 2 office boys. Now I need clarity on designing their salary with the third party vendor. I need clarity on the following:
Is it necessary to have their Basic as Rs.5000/-?
I guess the DA varies and its compulsory to pay DA based on the Min Wages Act which currently is Rs.1076/- However is it necessary to pay HRA which I am told is 5% of Basic + DA.
Can I not design the salary keeping the basic amount as 4637+ DA as 1076 + HRA which is 5% of both which is 285/- therefore their gross salary would be 5998.65/- per month.
I request you all to please guide me on the above asap.
Regards,
Linette
