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

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  • Опубліковано 11 січ 2025

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  • @LabourLawAdvisor
    @LabourLawAdvisor  4 роки тому +8

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

    • @mbasalikkhan
      @mbasalikkhan 4 роки тому +1

      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
      @LabourLawAdvisor  4 роки тому

      Course Coming Soon

    • @sabyasachiroy2783
      @sabyasachiroy2783 4 роки тому +1

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

    • @rockeyinv7077
      @rockeyinv7077 4 роки тому +1

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

    • @LabourLawAdvisor
      @LabourLawAdvisor  4 роки тому

      Thanks will take note

  • @punitlad4349
    @punitlad4349 4 роки тому +15

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

  • @Nag1479
    @Nag1479 4 роки тому +5

    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
    @ronaknegi 4 роки тому +4

    Ek dum correct..thanks Rishabh Sir.

  • @indianagriculturist7587
    @indianagriculturist7587 Рік тому +1

    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

  • @thiruvids2845
    @thiruvids2845 4 роки тому +1

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

  • @sandeeprajput2459
    @sandeeprajput2459 4 роки тому +1

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

  • @d.l.4530
    @d.l.4530 4 роки тому +1

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

  • @C02754
    @C02754 4 роки тому +3

    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

  • @bharatvibess
    @bharatvibess 2 роки тому +1

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

  • @insightkr7958
    @insightkr7958 4 роки тому +1

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

  • @sagarsaini467
    @sagarsaini467 4 роки тому +1

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

  • @deepakkava8887
    @deepakkava8887 4 роки тому +2

    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

  • @chirag4847
    @chirag4847 4 роки тому +1

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

  • @poonamdaniel8156
    @poonamdaniel8156 4 роки тому +2

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

  • @Hiddenplacesfun
    @Hiddenplacesfun 4 роки тому +3

    Great information Sir. I really like your content. Thankyou

  • @All-Basics
    @All-Basics 10 місяців тому

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

  • @naveenkalia9114
    @naveenkalia9114 4 роки тому +1

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

    • @FatemaKapasi-bw9uu
      @FatemaKapasi-bw9uu 2 місяці тому

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

  • @suniljamadar3401
    @suniljamadar3401 4 роки тому +1

    Really most important points discussed...

  • @RajuSharma-gf6zk
    @RajuSharma-gf6zk 4 роки тому

    Gajjab video, very informative for all of us.

  • @dakshatapandit1
    @dakshatapandit1 4 роки тому +6

    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
      @thehappiestvoice7686 2 роки тому

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

  • @poorni28489
    @poorni28489 4 роки тому +1

    Very helpful video!! Thank you 😊

  • @surajnath9929
    @surajnath9929 2 роки тому

    Very Very Useful Video...Thank You

  • @AnoopKumar-ee1yg
    @AnoopKumar-ee1yg 3 роки тому +1

    Thank you so much for good knowledge

  • @mujeeburrahman5332
    @mujeeburrahman5332 4 роки тому +1

    Thank you brother you're genius 👍

  • @RakeshKumar-cj2mt
    @RakeshKumar-cj2mt 4 роки тому

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

  • @priyankapuri4364
    @priyankapuri4364 4 роки тому

    U r doing very good job sir

  • @kalaivanik6950
    @kalaivanik6950 2 роки тому

    Very useful information tnq sir

  • @AmitKumar-xi2yh
    @AmitKumar-xi2yh 4 роки тому +1

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

  • @PallaviP-d3d
    @PallaviP-d3d Місяць тому

    Great 👍 information. Thanks sir

  • @saswatigudli
    @saswatigudli 4 роки тому +2

    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

  • @vandananayak2133
    @vandananayak2133 4 роки тому +2

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

  • @merabharatmahaan8072
    @merabharatmahaan8072 8 місяців тому

    I really like this way of explain

  • @aleenatahir2284
    @aleenatahir2284 Рік тому

    soo much useful video, keep it up🔥

  • @pavansakpal4816
    @pavansakpal4816 4 роки тому

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

  • @monikapal6473
    @monikapal6473 2 роки тому

    Thank you so much for this informative video

  • @waghelabhargav2084
    @waghelabhargav2084 2 роки тому

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

  • @imranbalekhan8959
    @imranbalekhan8959 4 роки тому

    Very Useful Information

  • @yudhishtharmore9844
    @yudhishtharmore9844 3 роки тому

    Awesome sir nd please share calculation rules

  • @vijaykumar-nt3hd
    @vijaykumar-nt3hd 2 роки тому

    Thank you so much ✔️👍

  • @bhaveshb5883
    @bhaveshb5883 4 роки тому +2

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

  • @renascentorocare1662
    @renascentorocare1662 2 роки тому +1

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

  • @shubhamdhamne5979
    @shubhamdhamne5979 4 роки тому

    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...

  • @rohansonawane8992
    @rohansonawane8992 4 роки тому +1

    Nice informative video

  • @patnaikrajesh
    @patnaikrajesh 4 роки тому +1

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

  • @mehrinshaikh8764
    @mehrinshaikh8764 4 роки тому

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

  • @karanchudasama2422
    @karanchudasama2422 3 роки тому

    Great content 👍

  • @rahulraoambedkar7530
    @rahulraoambedkar7530 4 роки тому

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

  • @ajeetshukla8859
    @ajeetshukla8859 4 роки тому +1

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

    • @LabourLawAdvisor
      @LabourLawAdvisor  4 роки тому

      Already done

    • @ajeetshukla8859
      @ajeetshukla8859 4 роки тому

      @@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.

  • @dipakp3023
    @dipakp3023 4 роки тому

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

  • @amitmdk12
    @amitmdk12 4 роки тому +2

    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
      @LabourLawAdvisor  4 роки тому +2

      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
      @amitmdk12 4 роки тому

      @@LabourLawAdvisor thank you sir

  • @suhailakhtarkhan8584
    @suhailakhtarkhan8584 3 роки тому

    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.

  • @YouAndImpact
    @YouAndImpact 4 роки тому

    Great video 👍.

  • @PratikSingal
    @PratikSingal 4 роки тому +1

    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?

  • @understandthewordsfeelthes3036
    @understandthewordsfeelthes3036 2 роки тому

    Helpful information

  • @manoharbhandole1896
    @manoharbhandole1896 4 роки тому +1

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

  • @rajivlakra4188
    @rajivlakra4188 2 роки тому

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

  • @harshitruniwal
    @harshitruniwal 3 роки тому

    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

  • @hemantdewangan1143
    @hemantdewangan1143 4 роки тому +1

    Sir agar koi company apne employees se 12 Hours ka sift me kam leti hai or 7 day work leti hai... To ispe kya action liya ja skta hai

  • @sureshkumarkumawat7231
    @sureshkumarkumawat7231 Рік тому

    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

  • @maheshpatil7240
    @maheshpatil7240 2 роки тому

    Ek subcontract company 10-11 mahino se employees ko pay slip nhi de rahi he.... Emp. Mang rahe he to HR bol raha he software kharab ho gaya he...... To daal me kuch kala he kya?

  • @nkaushik100
    @nkaushik100 4 роки тому

    Very nice video

  • @ayaj5701
    @ayaj5701 4 роки тому

    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

  • @chetankangare4972
    @chetankangare4972 3 роки тому

    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..

  • @shahzadshah146
    @shahzadshah146 3 роки тому

    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

  • @SMITHSALUNKE
    @SMITHSALUNKE 3 роки тому

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

  • @vishwashah8800
    @vishwashah8800 4 роки тому

    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

  • @rohitmandave9132
    @rohitmandave9132 4 роки тому

    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....🙏

  • @nikhilmahajan2885
    @nikhilmahajan2885 4 роки тому

    Please make the video on how to maintain registers

  • @namratasingh7774
    @namratasingh7774 3 місяці тому

    Hi sir Maine 1st of December 23 se 20 August 2024 tak kisi company me job kiya h company ne mujhe 20 days +1 month notice ki salary di h or resignation letter le liya but yahan per meri salary 23500 thi jisme 700 bonus or 769 gratuity deducted thi .Mera inhand 22031 tha per company gratuity Dene se mna ker rhi h.
    Mujhe kya kerna chahiye

  • @gootergoon
    @gootergoon 4 роки тому

    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
      @LabourLawAdvisor  4 роки тому +2

      If daily wage above 700 no need for PF ESI

    • @gootergoon
      @gootergoon 4 роки тому

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

    • @gootergoon
      @gootergoon 4 роки тому

      @@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.

  • @vaibhavtawsalkar5469
    @vaibhavtawsalkar5469 Рік тому

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

  • @GauravSharma-fc8dg
    @GauravSharma-fc8dg 4 роки тому

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

  • @rakeshmaithil1827
    @rakeshmaithil1827 4 роки тому

    Wah kya bat he thank you

  • @anubhabs2372
    @anubhabs2372 4 роки тому

    Many Many Thanks

  • @hareshchandnani1227
    @hareshchandnani1227 3 роки тому

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

  • @geeteshkudalkar868
    @geeteshkudalkar868 9 місяців тому

    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

  • @chetnakikan3721
    @chetnakikan3721 3 роки тому

    Thnx sir 👍👍👍👍

  • @MahendraKumar-oh1vf
    @MahendraKumar-oh1vf 4 роки тому +1

    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

  • @shaikaslam9327
    @shaikaslam9327 4 роки тому

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

  • @mohammedunass8754
    @mohammedunass8754 2 роки тому

    sir,
    I got offer in Jindal saw as a Engineer but it is third party payroll through Genie HR Solutions. Now I'm working on roll job. Kindly guide me what are the difficulties in third party pay roll.

  • @deepakkhatwa4672
    @deepakkhatwa4672 2 роки тому

    SIR AAPNE BATAYA 1.9.14 KE BAD NEW JOIN EMPLOYEE KA PENSION FUND ME JAMA NAHI HOGA....
    MERI NEW ESTABLISHED 2021 FIRM ME JOIN EMPLOYEES KA PENSION FUND ME NAHI JAYEGA??....
    SIR PLEASE BATAIYE....

  • @amitmahajan242
    @amitmahajan242 4 роки тому +1

    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.

  • @caaman93
    @caaman93 4 роки тому

    Informative video

  • @Rohan-cw3wp
    @Rohan-cw3wp 4 роки тому +1

    Thanks

  • @nehakumari3918
    @nehakumari3918 2 роки тому

    Member is not a member Scheme. EPF wages should be zero. How to I edit or correct ? Give solution

  • @ashuaggrawal8614
    @ashuaggrawal8614 Рік тому

    Sir .I am working an HR. I just wanted to know that there is one employee who have salary 250000salary .and she make deduction pf on actual basic .now her increment have done so can we change her basic amount in epf also?

  • @gsharma
    @gsharma 4 роки тому

    good job sir

  • @ankitbhardwaj845
    @ankitbhardwaj845 2 роки тому

    Sir payroll course abhi bhi available hai ? Fully updated ?

  • @anishdatta276
    @anishdatta276 3 роки тому

    I have one question...By CTC structure are we being deceived or anything? because the cost to company is calculated how much the company is spending on us. if rate based contract is there then that will be net pay or gross pay after that the company will calculate their CTC but not make it a part of contract. can you please clarify.....thank you.

  • @9782693867
    @9782693867 3 місяці тому

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

  • @prashantjoshi6166
    @prashantjoshi6166 3 роки тому

    Good information

  • @yhharishadyar7843
    @yhharishadyar7843 4 роки тому

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

  • @rishiraj7020
    @rishiraj7020 4 роки тому

    Sir mere pf ka final settlement ho gaya tha, Uske bad old pf ko transfer kiya par wo paisa nikal nahi raha hai, claim reject ho ja raha hai, bataiye sir mera ye paisa kaise niklega.

  • @HKCDELHI
    @HKCDELHI 3 роки тому

    Sir now in Maharashtra esic applicable on 10 or more person w.e.f oct 2020.

  • @Pritom831
    @Pritom831 4 роки тому +1

    Excellant...

  • @someshghoshal2190
    @someshghoshal2190 Рік тому

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

  • @ERAA_Riders
    @ERAA_Riders 2 роки тому

    Sir meri CTC 22k boli gayi but salary slip me 19k CTC likhi h or in hand 17k ab mujhe kya Krna chahiye

  • @sourabhkumardewangan7294
    @sourabhkumardewangan7294 4 роки тому

    Sir maine 2017 se job start kiya h aur meri gross salary 15000 (Basic is less than 1500) se jada h fir bhi mera pension me paisa katata hai
    To kya problem aayega future me & is problem ke liye kya kru ??

  • @Prime557
    @Prime557 4 роки тому

    Sir, Mujhe mere boss ne lockdown mai four month ki salary di (Mar-Apr-May-Jun) Lekin July Mai maine pure month kam kiya lekin August main Chhod diya, Ab Mere Boss July ki salary nhi de rahe hai bol rahe hai lockdown mai jo salary di hai free mai uske hisab se kuch dena nhi banta batao main kya karu????? Help Me