Time Officer Interview Questions and Answers

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 som...read more

The form a,b,c,d refers to a multiple choice question format with four options.

• Common format for multiple choice questions

• Each option represents a possible answer

• Used in exams, surveys, quizzes, etc.

• Example: a) True b) False c) Maybe d) None of the above

ESI percentage refers to the percentage of employees' salary contributed towards Employee State Insurance.

• ESI percentage is typically around 1.75% of the employee's salary contributed by the employer and 0.75% contributed by the employee.

• The total ESI contribution is therefore 2.5% of the employee's salary.

• For example, if an employee's salary is $1000, the ESI contribution would be $25 ($17.50 by employer and $7.50 by employee).