Salary Components
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Salary Components:
Define the salary component and clause.

Category: Select and Assign the Pay component to Listed category.
Enabled for Employee & Employer Contribution: This option should be checked incase of employer contribution is also considered upon salary calculation.

Define Parameters and rules for calculation: This option is for which enable the salary calculation based on the certain clause. (example: if basic rate is calculated based on hourly so  you must check this option and in Salary formula you define Salary amount per hour Option.)

Linked to: this option enables you when you selected Calculation based on Salary Clause, here in list you have options such as OT Hours,Advances, TA Bill etc.


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