What is the percentage of basic in gross salary?

Question

Accepted Answer

The percentage of basic in gross salary varies depending on the company and industry standards.

The percentage of basic salary in gross salary can range from 40% to 60% depending on the company's compensation structure.
Some companies may have a fixed percentage for basic salary, while others may have a variable percentage based on factors like experience and position.
For example, a company may have a policy where basic salary is 50% of the gross salary for all employees.
In some industries, the basic salary percentage may be higher to attract and retain skilled employees.
It is important for employees to understand the breakdown of their salary components to effectively manage their finances.

Accepted Answer

40%/ 50%

Top bgr Mining infra pvt Ltd Time Officer interview questions & answers