🔴8 Common Payroll & Salary Calculation Mistakes that Companies & HRs Do

[@LabourLawAdvisor]

COURSES: labourlawadvisor.in/link/LPTI DEMAT ACCOUNT: link.labourlawadvisor.in/demat QuickPayroll: quickpayroll.in/

[@mbasalikkhan]

I enrolled in A to Z payroll processing on March 22 and have gone through the course. I must say that the course is best in terms of empirical and practical way. Also, Mr. Rishab has covered the theory part and facilitate the things in a simple language with perfect examples. I strongly recommend this course to HR freshers, HR Professionals, an Accountant who takes care of salary in a company, HR operation executive, HR Generalist. Believe me, you won't regret after enrolling in this course - It is indeed value for money. Moreover, I would like to request Mr. Rishab and his team to prepare a separate course on PF and ESI with challan filing, register maintenance, and all the other practical and end to end work on ESI and PF. I hope you will come up with this course very soon. Thank you!🙏

[@LabourLawAdvisor]

Course Coming Soon

[@sabyasachiroy2783]

Sir, I want to talk to you regarding the salary structure of my company. Please share your contact information for contacting you. Please.

[@rockeyinv7077]

Please play the background music a bit gentle.. it's very noisy.. thanks for your valuable video.

[@LabourLawAdvisor]

Thanks will take note

[@punitlad4349]

Very Informative Rishabh Ji.. Many Employer's are doing these mistakes ...

[@Nag1479]

It's good to have people like you, sir Ji, I have learned and understood lot of things from your videos. Thank you so much for your valuable support to learn more things.

[@ronaknegi]

Ek dum correct..thanks Rishabh Sir.

[@sandeeprajput2459]

sir apse request hai apki info really knowledgable hai . sir meri request hai ki ap special class video banaye fully hr generalist course ki

[@thiruvids2845]

Excellent Video Sir - very informative - forwarding to all my groups. Please continue to share more such videos

[@LabourLawAdvisor]

Great !

[@C02754]

Amazing. Very informative. Pl make a video on how to deal with office problems. In india employees face many problems at their workplace . How do they find solution, how do they complain, where to complain etc

[@d.l.4530]

Very informative... Plz keep posting such videos...

[@insightkr7958]

Sir, fantastic lecture... Easy to understand..... Nature of teaching is remarkable. One question for you.... You need advice me...

[@Hiddenplacesfun]

Great information Sir. I really like your content. Thankyou

[@deepakkava8887]

Rishabh Ji I always watch your videos and i like it, it's good that you are sharing such knowledge.....I would just suggest that you go a little slower in explaining....since I have to repeat your videos again and again to understand......thanks keep going Your well wisher

[@saswatigudli]

True, so many things in salary slip and every year changing. Like in previous year we don't have a bonus column and now we have it and that also included in our ctc instead that should be given at the year end as a bonus amount

[@sagarsaini467]

Very good, informative and useful video for HR Payroll Manager's

[@chirag4847]

Have to tell , your content is very amazing ✨✨ Knowledge+ Presentation skills 💯💯💯 .. Thank you.. keep doing it for the labour law learners...🙏🏻

[@bharatvibess]

Sir, i am also working in a company as a admin , and thankyou for this video

[@poonamdaniel8156]

Team - I really like viewing your videos - very informative ! keep it up

[@LabourLawAdvisor]

Glad you liked it... thanks for watching

[@All-Basics]

Sounds like your problems dear friend not everybody's even then it is good you are helping people in need

[@poorni28489]

Very helpful video!! Thank you 😊

[@dakshatapandit1]

I am seeing this video first time rishab but i really loved it. I am an HR and I totally agree with you for this. I myself had fought with HR for compliance, fun part is many HR after passing the knowledge are adamant for changing the policy or process.

[@thehappiestvoice7686]

Hi ma'am! I am pursuing my MBA in HR. can I please connect with you because I have something to ask you.

[@suniljamadar3401]

Really most important points discussed...

[@mujeeburrahman5332]

Thank you brother you're genius 👍

[@AnoopKumar-ee1yg]

Thank you so much for good knowledge

[@vandananayak2133]

Really useful video Rishab Sir, Please make a detailed video on employee income tax for the FY 2020-21

[@indianagriculturist7587]

Basic 90.00 Provident Fund 2,124.00 Dearness Allowance 17,608.00 House Rent Allowance 3,300.00 Special Allowance 2,550.00 Medical Allowance 600.00 Education Allowance 1,450.00

[@RakeshKumar-cj2mt]

Very informative video sir. Thanku keep making this kind of video. You're like milestone for us sir.❤

[@RajuSharma-gf6zk]

Gajjab video, very informative for all of us.

[@surajnath9929]

Very Very Useful Video...Thank You

[@pavansakpal4816]

🙏🙏👍👍👍best information is best support 👍👍🙏🙏

[@aleenatahir2284]

soo much useful video, keep it up🔥

[@PallaviP-d3d]

Great 👍 information. Thanks sir

[@yudhishtharmore9844]

Awesome sir nd please share calculation rules

[@monikapal6473]

Thank you so much for this informative video

[@priyankapuri4364]

U r doing very good job sir

[@merabharatmahaan8072]

I really like this way of explain

[@kalaivanik6950]

Very useful information tnq sir

[@bhaveshb5883]

Please LTA ke benifit & application ka detail Video banaye... Thanks in Advance...👍🏻

[@LabourLawAdvisor]

Already done search LTA

[@naveenkalia9114]

I am a HR in a Indian company & I follow these all steps regularly.

[@FatemaKapasi-bw9uu]

That's grate! I am curious did you learn it through formal studies or was it self tough?

[@AmitKumar-xi2yh]

खुश रहो ,आबाद रहो, आगे बढ़ो ओर औरो को भी आगे बढ़ाओ

[@mehrinshaikh8764]

Thank you for briefing on this topic .my only request to you is ,,, please go a bit slow while explanation .

[@imranbalekhan8959]

Very Useful Information

[@rohansonawane8992]

Nice informative video

[@vijaykumar-nt3hd]

Thank you so much ✔️👍

[@renascentorocare1662]

What is the deduction rule for Basic wages? Is it 50% of Gross?

[@shubhamdhamne5979]

Sir, I think a simplified book will be more beneficial for us, to understand various calculations, complicated rules and common mistakes as a employee/ employer/HR. and book will be more helpful for basic knowledge... Please take it as a heartful request and Make it at reasonable prices...

[@PratikSingal]

Does statutory bonus rule applies on IT companies as well ? Is there a way out for companies to avoid this ? What step a employee can take if employer is not paying the statutory bonus?

[@karanchudasama2422]

Great content 👍

[@rajivlakra4188]

Basic rules And regulation HR should know, can u make video on that

[@rohitmandave9132]

Hello Rishabh sir, Sir please make video on different between MNC company and india company culture, policy. Most of new comer are confusied. They are thinking only MNC companies are best. India company not good please make video....🙏

[@amitmdk12]

Sir, with due respect ek question tha mera, ki monthly salary kitne hone pe tds deduct karna chahiye? Please possible ho reply kijiye ga. Thanks 🙏

[@LabourLawAdvisor]

5lakh / 12 tak koi deduction nahi assuming koi additional income nahi hai to, isse jyada pe bhi zero ded ho sakta hai agar investment kiya ya insurance kharidi

[@amitmdk12]

@@LabourLawAdvisor thank you sir

[@SMITHSALUNKE]

Can you please explain the working days or Payable days calculation Some of companies considering 26 ,30 or calendar days

[@shahzadshah146]

sir g apka tutorial mind-blowing please kia ap muj ko bta sakty hain k normal working hours agar 9 hain us bina par hum monthly salary 30 say bnaye gy ya fir 26 say

[@suhailakhtarkhan8584]

Rishabh sir ek baar HR Master file kaise nanaey aur usmen kya kya information rakhen management ko reporting k liye kya important hai, aur kaun se docs ie. Appointment letter, Joining letter , promotion letter ko merge karana aur according Master ko update kary etc.

[@sureshkumarkumawat7231]

Sir you are great I want to work in HR department and I have required to learn about this kindly suggest me any course regarding this

[@YouAndImpact]

Great video 👍.

[@nikhilmahajan2885]

Please make the video on how to maintain registers

[@waghelabhargav2084]

Sab sahi baat he aapki... But kuch nahi kar sakte bcz kuch kiya to job gayi samjho

[@gootergoon]

That was a brainstormer, real insightful video 👌👌 Dear Rishabh Sir, I wish to highlight a troublesome issue, being faced by many employers for last few years. These days, the workers demand full daily wages at the day end, and do not agree to any kind of deduction like PF, ESI etc. They want a pay which includes effect of all benefits included, without any commitment or binding. Today they worked for you, tomorrow, they'll work for some other employer. Already facing scarcity of workers, employer has no other option but to employ such freelancers. In this scenario, how can statutory obligations like PF, ESI, Bonus, Gratuity etc. be complied with? Pls do share your views. Thanks.

[@LabourLawAdvisor]

If daily wage above 700 no need for PF ESI

[@gootergoon]

@@LabourLawAdvisor Thanks for the information. Pls do keep us guiding 🙏🙏🙏

[@gootergoon]

@@LabourLawAdvisor No ESI even if more than 10 employees? Sir, if an establishment already covered under PF act, but now current employees strength is 7 (Hence not covered under ESI). So now if they employ another 5 daily wagers above Rs 700/-, will they still be required to register under ESI? Secondly, how to show daily wagers in Muster roll n POW register? Pls enlighten. TIA.

[@ajeetshukla8859]

Sir ek video puri ki puri salary payroll bana do. Starting se end tak.

[@LabourLawAdvisor]

Already done

[@ajeetshukla8859]

@@LabourLawAdvisor sir excel sheet ko use kar k video dalo us mai har type ki salary k sath tax calculation show ho. Sab k liye acha hoga. Tks you reply me.

[@manoharbhandole1896]

Sir pls एक वीडियो Flipkart best price stores पर भी एक वीडियो बना दीजिये

[@rahulraoambedkar7530]

Sir Mera अनुरोध है कि आप बेसिक पर कोई वीडियो बना देते तो अच्छा होगा

[@shaikaslam9327]

Excellent information Sir. Frequently transfers bina galti ki ab kya karen sir. Request your reply.

[@Rohan-cw3wp]

Thanks

[@hareshchandnani1227]

Very best. I need details calculation on salary in maharashtra .. basic ka kitna % PF? HRA? Allowances??

[@dipakp3023]

To avoid these common mistakes we can use Payroll Softwares like Pocket HRMS

[@paraharsh20]

Pl this one in English version also

[@geeteshkudalkar868]

Hi can you please me understand Is the annual increment should be calculated on Basic or company can take their own decision and give increment on CTC

[@9782693867]

Do you provide training as well to working professionals or organisation?

[@lonelyMan_1312]

i want learn this all things...

[@LabourLawAdvisor]

Check link in top comment

[@pavansakpal4816]

Sir ji Fixed term contract (FTC)ke bare me bhi batao 🙏🙏

[@yhharishadyar7843]

Sir thank you for good video, kindly share proper way of pf esi calculation procedure

[@LabourLawAdvisor]

Okay sure

[@Deepak-gf6pt]

Yes, I am waiting too.

[@patnaikrajesh]

Esic me 31 din ka mahina hai aur pure mahine bhar kam kiya hai to esic contribution 31 din ka hi hoga kya?

[@understandthewordsfeelthes3036]

Helpful information

[@harshitruniwal]

Cleared all tech rounds of highly reputed firm and If HR of a very very reputed firm says, please consult GOOGLE for understanding IT exemptions, then what to do? If the HR says first join then you will get to know more about these points… need your help Rishabh Ji

[@vishwashah8800]

Need to learn contractor's payroll.... if I have hired contractor for manpower supply which documents I should ask from them and what should be their salary calculations

[@ajay13kumar]

Could you please tell me importance of fine register of company

[@MahendraKumar-oh1vf]

Sir sir sir... Apne is bar video nhi banaya jo RBI ne moritorium k regarding kya fesla Kiya h . Loan on restructuring par video banao

[@LabourLawAdvisor]

That's not very important or beneficial

[@nkaushik100]

Very nice video

[@vaibhavtawsalkar5469]

Please update monthly Gratuity whose showing in salary structure in offer letter while joining the organisation

[@amitmahajan242]

Good morning sir, There is one question for you. If someone resigns from an organization, then can the organization change the salary structure of that employee, and pay him / her salary according to the reduced salary structure without informing.

[@LabourLawAdvisor]

No if rejoins yes

[@anubhabs2372]

Many Many Thanks

[@chetnakikan3721]

Thnx sir 👍👍👍👍

[@gscience1254]

Sir plz tell about Gratuity rule and withdrawal

[@shrishtisingh1276]

Can you please help me to know what is the split of basic salary and other allowance for monthly salary in Bahrain country

[@mukulmangla7871]

please share compliance calender

[@ayaj5701]

sir mein jis company me kam karta hu us company mein TA & DA aur basic salary calculations hota hain lekin hamara koi pf jama nhi hota toh iske liye kaha shikayat karna hain aur kiya process hain. plz bataiye

[@SONUKUMAR-wj3sp]

Sir ek video tally ERP 9 par full details m

[@rakeshmaithil1827]

Wah kya bat he thank you

[@md.nurulhoquetalukdar663]

Rishab Ji, we are doing the same practice with regards to Bonus as you have cited in the video,I.e. as a part of salary. Is there any clause in the Bonus Act which prohibits such practice. Plz help so that we can rectify it in future.

[@LabourLawAdvisor]

It need to be marekd as advance bonus

[@saiganeshvenkatraman3788]

Sir, if possible can u share the model salary or payroll calculation or pay slip for a company having 150 outsourcing staff

[@GauravSharma-fc8dg]

Bhot badiya 👌🏻 Aur unme se ek bhot badi chor company hai ienergizer, noida. Toba toba toba... Yu samaj lo ki Malya jesa management hai! 🙌🏻

[@KuldeepNegichannel]

Thank You So much #LLA team you guys are doing wonderful job 👍. I am having a question, you mentioned that the employees who have joined after 2014 Employer should not deduct their EPS but it seems Many companies are deducting employees+employer share as PF (EPF+EPS) and thus the employees are getting less salary. Can you please guide if such discrepancies are there what employee should do, is there an Govt authority whom should be contacted etc ...thank you for your guidance 🙏👍😊

[@LabourLawAdvisor]

Emoloyee may face issue at time of withdrawal / transfer

[@KuldeepNegichannel]

@@LabourLawAdvisor Hi I have crossed check and I can confirm that those whose salaries are above 15000 and have joined after 2015 EPS is Capped at 1250/- and the rest of employer contribution is added in EPF so I think its not mandatory that 12%+12% of employer share totally have to go to EPF, please share your views on it, thank you🙏👍

[@amitdebnath5501]

I want more information about this topic.

[@caaman93]

Informative video

[@gsharma]

good job sir

[@lokeshK-vh3zg]

Sir I want to know what is that rate we should do contract.. As you told we should do rate based contract...

[@chetankangare4972]

Sir, jara CTC ke bare me an Guidence digiye..agar kisi ki monthly CTC 26k hai to mera deduction sirf PF or PT hona chahiye..MATLAB 1800/- PF or 200/- PT MATLAB 26K minus 1800 minus 200 minus = Net 24k aani chahiye to as rahi hai 22200/- to ye kasi calculation hai..thoda vistar pata chalega to aaccha hoga..

[@poorni28489]

Could you please tell Who all would an employer need to hire apart from an accountant to help out with these details if they are just starting out?

[@LabourLawAdvisor]

You can hire good payroll consultant

[@poorni28489]

@@LabourLawAdvisor thank you

[@someshghoshal2190]

What is pf, Esi & gratuity calculation in mining industry? Please arrange to provide to help me.

[@prashantjoshi6166]

Good information

[@Pritom831]

Excellant...

[@jyotichawla6262]

On which site can i get the applicable limit of compliance as you say as the employee strength grow , more compliance acts are enforced ?