Take-Home Salary Calculator

Enable the HR team to calculate the take home salary efficiently for an employee or a candidate.

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One challenge that HR commonly faces is providing the correct salary information to an employee - either confirmed or prospective employee. It will enable the HR to clearly decipher all components of the salary structure so that the exact take-home amount is calculated clearly. This includes the different components of the salary structure and what percent of the total salary is paid in which component.

This data capture template is available for download in Excel format.

With this Take-Home Salary Calculator template you can:

  • Calculate component wise breakup of the CTC
  • Compute gross and net income based on certain assumptions
  • Provide a very-near take home salary based on tax assumptions

In just a few minutes you will be able to create a take-home salary calculator. This template covers vital information like:

  • Annual & monthly earnings
  • Statutory deductions/withholdings
  • Tax related information
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This template is meant to provide general guidelines and should be used as a reference. This is not a legal document. greytHR will not assume any legal liability that may arise from the use of this template.
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