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5. Employee Compensation Breakup
Performance & Talent
Management
▪ Performance appraisals
▪ Goal Setting
▪ Training
▪ Human resource development
▪ Career & succession Planning
▪ Basic Pay
▪ Wages
▪ Salaries
▪ Variables Pay
▪ Bonuses
▪ Incentives
Compensation
▪ Health/ Medical Insurance
▪ Life/Disability Insurance
▪ Paid time off
▪ Retirement
▪ Educational assistance
▪ Work-life Support
Benefits
5
6. Employee Compensation System
▪ Medical Insurance
▪ Life Insurance
▪ Disability Income
▪ Pension
▪ Social Security
▪ Vacations
▪ Holidays
▪ Sick Leave
▪ Jury Duty
▪ Recreational Facilities
▪ Car
▪ Financial Planning
▪ Low-cost or Free
Meals
▪ Bonus
▪ Commission
▪ Piece Rate
▪ Profit Sharing
▪ Stock Option
▪ Shift Differential
▪ Savings Plan
▪ Stock Purchase
▪ Annuity
Deferred
Pay
Incentive
Pay
Merit PayBase Pay
Services and
Perquisites
Pay for Time
Not Worked
Protection
Program
COMPENSATION
SYSTEM
Indirect
Compensation
Direct
Compensation
▪ Salary
▪ Wage
6
7. Employee Compensation
Plan Types
Territory Volume
Territory volume sales compensation
plans are most often used in team –
based corporate cultures. They work
through the calculation of territory volume
at the end a compensation period
Straight Salary
With this type of structure, you’d
pay your sales people a straight
competitive salary like all of your
other employees & nothing else.
Commission Only
Commission only sales compensation
plans are exactly what they sound
like – you pay your sales people for
the sales they bring in & nothing else,
there is no guarantee of income.
Salary Plus Commission
Most commonly plan used. They’re
structure in a way that sales people
receive a lower base salary along with
commission pay that makes up the
majority of the total compensation.
7
8. Employee Compensation
Plan Types
Territory Volume
Territory volume sales compensation
plans are most often used in team –
based corporate cultures. They work
through the calculation of territory volume
at the end a compensation period
Straight Salary
With this type of structure, you’d
pay your sales people a straight
competitive salary like all of your
other employees & nothing else.
Commission Only
Commission only sales compensation
plans are exactly what they sound
like – you pay your sales people for
the sales they bring in & nothing else,
there is no guarantee of income.
Salary Plus Commission
Most commonly plan used. They’re
structure in a way that sales people
receive a lower base salary along with
commission pay that makes up the
majority of the total compensation.
8
9. Build Up a Pay
Philosophy
Determine If Salaries
are Competitive
Set Different
Salary Grades
Creating Employee
Bonus & Incentive
Programs
Pay Raises
Employee
Compensation Package
9
10. Compensation Plan Framework
Internal Assessment
▪ Job Analysis
Add text here
▪ Job Evaluation
Add text here
▪ Pay Policy
Add text here
External Assessment
▪ Base Pay Structure
Add text here
▪ Market Analysis
Add text here
Management
▪ Communicate the Plan
Add text here
▪ Pay for Performance
Add text here
10
11. EmployeeCompensation
Structure
Salary Break-up
Cost To Company 9,98,000.00
Component Per Annum Per Month Taxable/ Non Taxable
Basic 4, 40,000.00 36,500.00 Tax
HRA 2,35,000.00 12,770.00 Tax
Medical 14,000.00 1,350.00 Non Tax
Special Allow 1,30,000.00 12,000.00 Tax
Telephone Reim. 33,000.00 5,000.00
Conveyance Reim 74,000.00 6,280.00 Non Tax
Ex-Gratia 20,000.00 - Paid Annually / Tax
PF Employer 52,000.00 -
Total 9,98,000.00 3,96,900.00
ESI Deduction
PF Employee 52,000.00 4, 700.00
Labor Welfare Fund 60.00 5.00
Net In-Hand Salary 3,92,200.00
Name:
Designation:
Location:
Date of Joining:
11
12. Earnings Deductions
Basic & DA 6,200.00 Provident Fund 458.00
HRA 3,100.00 E.S.I 220.00
Conveyance 400.00 Loan -
Add Text Here Add Text Here -
Add Text Here Add Text Here -
Total Addition 9,700.00 Total Deduction 678.00
NET Salary 9,022.00
Employee Name:
Designation:
Month & Year:
EmployeeCompensation
Sheet
12
13. August 21,2018 ADD DATE HERE
Wages and Other Paid Benefits You Pay COMPANY PAYS
Overtime
Wages
Total Wages
$15,964.76
$18,980.65
$34,945.41
HEALTH & WELFARE
Dental
Medical
Vision
$214.80
$1,678.70
$80.70
$4,698.80
Total Benefit Contributions $1,974.2 $4,698.80
TOTAL COMPENSATION $39,644.21
Taxes & Entitlements
Federal Medicare
Federal Social Security
Federal Unemployment
State Unemployment
State Workers Comp Ins
$466.31
$2,020.70
$52.00
$330.17
$1,777.12
Total Taxes $4,646.3
ADD NAME HERE
Employee Number
102658
Manager
Alison Flanigan
Department
Research and Design
Job Title
Senior Researcher
Hire/Rehire Date
11/19/2012
Length of Service
0 years ,9 mos
% OF BENEFITS TO COMPENSATON
12%Company
YouTaxes
Benefits
Wages
COMPENSATION BREAKDOWN BENEFITS CONTRIBUTIONS
10 December 2018
TOTAL COMENSATION REPORT
EmployeeCompensation
ReportSample
13
14. List of Employee Benefits
Social
Security
Health
Insurance
Perks &
Bonuses
Paid
Vacation
Pay
Raise
Achievement
Award
Employee
Allowance
Meal
Breaks
14
16. EmployeeBenefits
ComponentsTable
Employer Government
Minimum Wage SSS benefits
Holiday Pay Pag-IBIG Benefits
Overtime Pay Philhealth Benefits
Night Shift Pay ECC Benefits
Service Charges Add Text Here
Service Incentive Leave Add Text Here
Maternity/ Paternity /Solo Parental Leave Add Text Here
VAWC Leave Add Text Here
Special Leave for Women Add Text Here
Add Text Here Add Text Here
Add Text Here Add Text Here
Add Text Here Add Text Here
16
19. Health Insurance Perks & Bonuses Achievement Award Meal Breaks
Paid Vacation Pay Raise Employee Allowance Social Security
Employee Benefits
Template 1/2
19
20. Employee Benefits
Template 22
Union
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Employee Allowance
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Health Insurance
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Social securities
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Pay Raise
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20
21. Employee Benefits Survey Template
Statement Strongly Agree Agree Neutral Disagree Strongly Disagree
Health Benefits
I am satisfied with my health plan options.
I am satisfied with my dental plan options.
I am satisfied with my vision plan options.
I am satisfied with my long-term disability insurance.
I am satisfied with my short-term disability insurance.
Add Text Here
Financial Benefits
I am satisfied with my retirement plan options.
I am satisfied with my salary.
Add Text Here
Overall, I am satisfied with my financial benefits.
Paid Time off
I am satisfied with the number of vacation, sick, and
personal days that I receive.
Additional Benefits
I am satisfied with my continuing education and training
opportunities.
I am satisfied with my tuition reimbursement options.
Overall, I am satisfied with my additional benefits.
21
23. This slide is 100% editable. Adapt it
to your needs and capture your
audience’s attention.
Quality Success
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to your needs and capture your
audience’s attention.
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to your needs and capture your
audience’s attention.
Awareness
Our Target
23
24. About Us
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capture your audience's attention.
Preferred By Many
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capture your audience's attention.
Target Audiences
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capture your audience's attention.
Valued Clients
24
25. Your Text Here
Your Text Here
Your Text Here
Our Goal
Goal 01
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Goal 02
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Goal 03
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25
26. MeetOurTeam
Template1 John Max
CEO
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needs and capture your
audience's attention.
Marry Graves
Financial Advisor
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William Sam
Web Designer
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Anny Hike
Manager
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27. Meet Our Team Template 2
Name Here
Designation
Name Here
Designation
Name Here
Designation
Photoshop
Illustrator
Software Skills
Photoshop
Illustrator
Software Skills
Photoshop
Illustrator
Softwware Skills
27
28. Our Mission
Vision
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audience's attention.
Mission
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Goal
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28
29. Comparison
90%
85%
82%
Facebook
Google
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WhatsApp
29
30. It’s not just about being better.
It’s about being different. You
need to give people a reason to
choose your business.
…Tom Abbott
Quotes
30
31. Venn
30% 50%
20%
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audience's attention.
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31
32. Bulb or Idea
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32
33. Puzzle
04
03
05
0201
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34. This slide is 100%
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needs and capture your
audience's attention.
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needs and capture your
audience's attention.
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needs and capture your
audience's attention.
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audience's attention.
Magnifying Glass
34
35. Address:
# street number, city, state
Contact Number:
0123456789
Email Address:
emailaddress123@gmail.com
Thank You
35