Salary Restructuring Services - 100% Legal and Tax Efficient
In the current competitive landscape for talent, compensation is far more than just a salary, it can be a strategic lever. As labor costs are going up and regulatory requirements are changing, companies need to find the right mix of employee happiness (better net pay, lower tax burden) with meeting legal requirements and exercising financial control.Our Salary Restructuring Services assists businesses in creating tax efficient, compliant and well optimized salary packages that are mutually beneficial for employers and employees.
It doesn't matter if you're a startup, an SME or a large enterprise with 3000+ employees; our methodical and compliant approach guarantees the highest possible tax savings without any increase in total CTC.
Why Choose Our Salary Restructuring Services ?
Our team of payroll, tax, and compliance professionals carefully evaluates your current compensation structure and suggests legally compliant improvements aligned with:
Income Tax Act provisions
- New Wage Code
- PF, ESI & Gratuity regulations
- Central & State Labour Laws
Through our expert-driven Salary Restructuring Services, we help you:
- Increase the amount of employee pay
- Optimize Employer Statutory Liability
- Ensure 100% compliance
- Reduce Administrative Burden
- Improve Employee Retention.
Specialized Services For GCC Companies
Global Capability Centers (GCCs) in India operate under the dual guidance of global company policies and Indian labor laws. Balancing salary structures complying with both these frameworks might be quite challenging. An effectively structured compensation plan not only helps to stay away from compliance risks but also enhances employee satisfaction.
Our Compensation restructuring for GCC companies aims at practical and law, compliant salary structure redesign. We assist in raising employee take, home pay without the company incurring any extra cost. By means of our Salary Restructuring Services for GCC companies, we make certain that your salary components reflect the New Wage Code, PF regulations, income tax laws, and company policies.
Being a seasoned Salary Restructuring Services provider for GCC, we guide you through the whole journey from comparing the existing structure to executing the changed plan in your payroll system.
OUR
BENEFITS
Undeniable knowledge
& expertise
Undertaken by a senior team credited with 200 man-years of experience with 100’s of satisfied projects.
100%
Compliant
Nothing is worth non-compliance & our understanding of a multitude of central and state laws ensures this.
Last
mile service
We can assist you with selecting capable vendors for execution of the revised compensation & benefits plan.
Implementation
support
Apart from Salary Restructuring, we can also manage implementation of the changes in your organization.
Support for
6 months
All regulatory changes up to 6 months are supported to ensure compliance.
Data &
logic driven
Throw the guess work away & be impressed with our data driven and logical approach, which are second to none.
OUR
OFFERINGS
What all we do?
Purpose and Analysis of Existing Salary structure
Study of Existing C&B policies
Objectives and Goals of Salary Restructuring
Gap assessment with baseline controls
Gap assessment with organizations demographics
Recommendations of Revised structure
Framing Standard Operating Procedures
How we engage?
Salary Restructuring as a Service
Salary Restructuring (C-B-S) workshops
Comp & Benefits Audits
FAQ
Why Choose Relativity?
LET'S TALK
+91 93611 41436
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hello@relativity.co.in
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