The basic pay is usually 40% of gross income or 50% of an individual’s CTC. Basic salary = Gross pay- total allowances (medical insurance, HRA, DA, conveyance, etc.)
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6 ways to figure out how much you should be getting paid—before negotiating your salary or a raise
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The median necessary living wage across the entire US is $67,690 . The state with the lowest annual living wage is Mississippi, with $58,321. The state with the highest living wage is Hawaii, with $136,437.
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Median Monthly Salaries 2017 In December 2017, the median weekly salary for Americans was $857, which equals $3,714 per month . Half of all workers earned less than this and half earned more. This figure represents some distinct differences between the median incomes earned by men and women.
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How much is minimum wage? The federally mandated minimum wage in the United States is 7.25 U.S. dollars per hour , although the minimum wage varies from state to state.
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