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Done By: NEHA.M.SAPTE Nilam Nikale Ravindra Rathod: Designation Level Pay Scale (PA)
Done By: NEHA.M.SAPTE Nilam Nikale Ravindra Rathod: Designation Level Pay Scale (PA)
Done By: NEHA.M.SAPTE Nilam Nikale Ravindra Rathod: Designation Level Pay Scale (PA)
SAPTE
NILAM NIKALE
RAVINDRA RATHOD
THE SALARY STRUCTURE IN MEDIA SECTOR
Indian print media is one of the largest print media in the world. Print media is also one of the
oldest and basic forms of mass communication. It includes newspapers, weeklies, magazines,
monthlies and other forms of printed journals.
Printing Industry encompasses numerous fields of every economy. Printing Industry is the
one that generates a wide range of products which is required in every step of our everyday
life. Starting from Newspapers, Magazines, Books, and Post Cards to Memo Pads and
Business Order Forms each are the products of Printing Industry.
We have 3 major media companies covered in our presentation to give an idea on the
compensation and benefits offered by these companies to their employees. We start with The
Times of India. The Times of India (TOI) is an Indian English-language daily newspaper.
In 2008, the newspaper reported that with a circulation of over 3.14 million .According to the
Indian Readership Survey (IRS) 2012, the Times of India is the most widely read English
newspaper in India with a readership of 7.643 million. This ranks the Times of India as the
top English daily in India by readership and even now in 2014 it is on the top position. It is
has the sister newspapers including The Economic Times, Navbharat Times, Maharashtra
Times. The Times of India daily Circulation reaches 3,140,000.
THE BASIC PAY SCALE
Designation
Level
Head of Department
Top
Rs. 7000000-12000000
Vice president
High
Rs.3500000-7000000
General manager
Mid
Rs.2000000-3500000
Mid
Rs.900000-2000000
Manager
Low
Rs.250000-900000
Earning Head
Rs per Month
Rs par Annual
Basic Pay
10001
120012
HRA
5002
60024
Transportation Allowance
800
9600
Conveyance Allowance
1358
16296
Medical Reimbursement
1250
15000
Gross Salary
18411
220932
Company Contribution To PF
1200
14400
500
6000
Communication Entitle
900
10800
Cost To Company
21011
252132
1841
22092
Gratuity
481
5772
23333
279996
Rs per Month
Basic Pay
18420
Rs per Annual
221040
HRA
9210
110520
Transportation Allowance
800
9600
3500
42000
ARR-HRA,PLP,NP/BP
61148
733776
Total Earnings
93078
1116936
PF
2210
26520
After Deductions
90868
1090416
Level
Head of Department
Top
Rs. 7000000-10000000
Vice president
High
Rs.4500000-7000000
General manager
Mid
Rs.3200000-4500000
Mid
Rs.2000000-3200000
Manager
Mid
Rs.1000000-2000000
Assistant Manager
Low
Rs.250000-1000000
Daily News and Analysis (DNA) is an Indian broadsheet launched in 2005 and published
in English from Mumbai, Ahmedabad, Pune, Jaipur, Bangalore and Indore in India. It is
the first English broadsheet daily in India to introduce an all-colour page format. It targets
a young readership and is owned and managed by Diligent Media Corporation. The DNA
Circulation is 260,000 copies daily (Mum).
Level
Initial Basic
Head of Department
Top
Rs.75,000 -1,00,000
75,000
Vice president
High
62,000
General manager
Mid
51,300
Deputy general
manager
Mid
43,200
Manager
Mid
36,600
Assistant Manager
Low
32,900
Basic salary
32,052
HRA
16,000
Special Allowance
30,994
Conveyance
800
LTA
1000
Medical
1,250
Total
82,121
Deductions
PF
-3,846
200
Income Tax
-4,847
Personal Loan
-7,500
Total Deductions
17,336
Take-Home Salary
64,785
Designation
Level
Pay scale
Initial Basic
Head of Department
Top
24000-1200-420001400-63000
24,000
Vice president
High
21000-1000-360001200-54000
21,000
General manager
Mid
17600-800-29600900-43100
17,600
Deputy general
manager
Mid
15000-750-26250800-34250
15,000
Manager
Mid
12350-650-22100700-29100
12,350
Assistant Manager
Low
9600-600-18600650-25100
9,600
SALARY STRUCTURE
Component
Per Annum
Per Month
Basic
4,50,000
37,500
HRA
2,25,000
18,750
Medical
15,000
1,250
Special Allowance
1,20,000
10,000
Telephone Reim.
36,000
3,000
Conveyance Reim.
75,000
6,250
PF Employer
54,000
Total
10,00,000
76,750
PF
54,000
4,500
In - Hand Salary
72,245
TOI
THE INDIAN
EXPRESS
DNA
NEWS EXPRESS
DA
HRA
50% on basic
50% on basic
50% on basic
50% of basic
Transportation
Allowance
800
800
800
800
Medical
1250
1200
1250
1200
PF
12% on basic
12% on basic
12% on basic
12% on Basic
Whatever benefits the other companies are giving the same is given in news express.
TOI
Indian Express
DNA
News Express
Basic
18420
16000
15000
14000
HRA
9210
8000
7500
7000
PF
2210
1920
1800
1680
Medical
1250
1200
1250
1200
LTA
800
800
1000
800
allowances
5000
4000
5500
3000
total
32470
30000
28250
26000
In the above table, the comparison given is of executives of all the listed companies and the
news express i.e. our company is giving the lowest salary because we are a start-up company
with limited resources and need to gain knowledge with a lot of experience to reach to the
level where the other 3 companies are standing presently in the market.
TOI
Indian Express
DNA
News Express
Basic
50000
40000
45000
40000
HRA
25000
20000
22500
20000
PF
6000
4800
5400
4800
Medical
1250
1200
1250
1200
LTA
800
800
1000
800
allowances
15000
14000
18000
12000
total
84000
69200
80100
67200
The above table explains the comparison of salaries of all 3 companies with managerial
category in mind. In this table, the news express is paying the lowest salary because we are a
newly emerging company with less knowledge and market share. So to gain the higher
position in future time, it is very important to manage the per employee cost to the company.