W

Wage Structure

Definition

The overall breakdown of an employee’s compensation, including basic salary, allowances, bonuses, and deductions.

Context & Importance

Provides clarity on salary components and helps maintain payroll compliance with regulatory standards.

Use Cases

• Structuring salaries during job offers
• Ensuring minimum wage compliance

Related Concepts

Salary components, CTC, gross salary

TankhaPay Relevance

Customise wage structures and link them to role or location-specific templates for compliance.