Salary Structuring Advisory
Strategic salary structuring that optimizes tax efficiency for both employees and employers while ensuring compliance with Indian labor laws. Our advisory services help design competitive compensation packages that attract talent while managing costs effectively.
Tax-Efficient Structures: Design of salary components to minimize tax liability including basic pay, allowances, and perquisites optimization. Strategic use of tax-exempt allowances and reimbursements to maximize employee take-home pay.
Compliance-Based Design: Salary structures that comply with minimum wage requirements, overtime calculations, and gratuity provisions. Alignment with industry standards and statutory requirements across different employee categories.
Cost Optimization: Employer cost management through strategic benefit design and statutory contribution optimization. Analysis of total compensation costs including hidden costs and administrative expenses.
Performance Integration: Variable pay structures, incentive schemes, and performance-based compensation design. Stock option plans, retention bonuses, and long-term incentive program structuring.
Regular Reviews: Annual salary structure reviews and benchmarking against industry standards. Impact analysis of regulatory changes and recommendations for structure modifications to maintain competitiveness and compliance.