

Usually accounting for 35% to 40% of total salary, it is the most important component of compensation. But if, for some reason, an employee resigns from the company, they are not eligible to receive the salary slip that month.Ĭomponents of a salary slip can be explained in two parts: Incomes Basic Salary An employee gets their salary slip after working at a company for a month.

It is not given to part-time, or contractual workers.

Difference Between Cost to Company (CTC) and Gross Salary.Performance Bonus and Special Allowance.
