1. #1
    Unregistered

    What all components are there in the salary of a MNC company? Is bonus element there in all company’s salary?

    I have completed my B.Com and looking for the job. I had recently attended the interview for HR generalist and they are asked me the question of components in the salary. What all components are there in the salary of a MNC company? Is bonus element there in all company’s salary?

  2. #2
    vichurockz Array
    Join Date
    Oct 2012
    Posts
    17

    Re: What all components are there in the salary of a MNC company? Is bonus element there in all company’s salary?

    Dear friend,

    different MNC's(Multi National Companies) have various components of salary. Some of the components of salary in company are Medical allowances, LTA, Professional Devl. A, Special allowances, Education allowances etc...
    Bonus is given according to the performance of the client and the development of the company so you can defenitely expect bonus element.



  3. #3
    Labournet Law Consultancy Array
    Join Date
    Oct 2012
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    2nd Floor, Patel Complex, Basin Road, Ernakulam, Kerala
    Posts
    287

    Re: What all components are there in the salary of a MNC company? Is bonus element there in all company’s salary?

    Following are the components in the salary

    1.Basis Salary

    2.House rent allowance

    3.Conveyance allowance

    4.Special allowance

    5.Fixed city allowance

    6.Car allowance

    7.Business development allowance

    8. Relocation allowance

    9.Statutory bonus allowance

    10.Performance allowance

    11.Incentive

    12.Leave Encashment

    13.Notice Pay

    14.Medical Allowance

    15.Bonus

    etc etc

    Bonus element is there in most of the MNCs in india.
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  4. #4
    venki Array
    Join Date
    Jan 2013
    Posts
    344

    Re: What all components are there in the salary of a MNC company? Is bonus element there in all company’s salary?

    hello friends

    the basic component in MNC salary is

    1)basic salary

    2)bonus

    3)medical allowances

    4)notice pay

    5)performance allowances

    6)relocation allowance

    7) statutory allowance

    8)car allowance

    9)special allowance

    10)house allowances

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