Compa ratio calculation on Total CTC rather than Fixed CTC (Overall Salary) component

Summary:

The Compa Ratio Calculations happen on the Overall Salary component. Which is Fixed CTC in this case. But the clients are looking for Calculations to happen on Total CTC.

Hi Folks!

We have a requirement as below on Salary Basis setup.

This is an Indian Salary Basis configuration.

We are trying to achieve automated calculations on the below parameters.

- Total CTC - 100%

- MI/CPLI - as per Grade

- Year End Bonus (user enterable amount)

- Fixed CTC = Total CTC - (minus) MI/CPLI – Year End Bonus

- Basic Salary - 35% of Fixed CTC

- Employer EPF Contribution - 12% of Basic Salary

- Flexi Basket (Fixed CTC – Basic Salary – PF Contribution)