E-1 E-2 E-3

Minimum Medium Maximum Minimum Medium Maximum Minimum Medium

Basic Salary 9000 11750 14500 10000 13000 16000 11000 14750

HRA 2500 2500 2500 3000 3000 3000 3300 4000

Conveyance 1000 1000 1000 1500 1500 1500 3000 3000

Cash Perks 1000 1000 1000 2500 2500 2500 3000 3000

Medical and LTA 3500 3500 3500 4500 4500 4500 5500 5500

Retirement Benefits
( P.F ) 2430 3172.5 3915 2700 3510 4320 2970 3982.5

Total ( per month) 19430 22922.5 26415 24200 28010 31820 28770 34232.5

Total ( per annum ) 233160 275070 316980 290400 336120 381840 345240 410790
2.33l 2.75l 3.16l 2.904l 3.33l 3.81l 3.45l 4.10l
 E-4

Maximum Minimum Medium Maximum

18500 12000 15500 19000

4000 3600 4650 5700

3000 5000 5000 5000

3000 4000 4000 4000

5500 6500 6500 6500

4995 3240 4185 5130

38995 34340 39835 45330

467940 412080 478020 543960

4.67l 4.12l 4.78l 5.43l
 M-1 M-2

Minimum Medium Maximum Minimum Medium Maximum

Basic Salary 7000 9500 12000 8250 11125 14000

HRA 1500 1500 1500 3000 3000 3000

Conveyance 2500 2500 2500 3750 3750 3750

Car Allowance nil nil nil nil nil nil

Petrol Charges nil nil nil nil nil nil

Driver Salary nil nil nil nil nil nil

Cash perks 1800 1800 1800 2250 2250 2250

Medical and LTA 1250 1250 1250 1250 1250 1250

Retirement benefits 1890 2565 3240 2227.5 3003.75 3780

Total ( per month ) 15940.00 19115 22290 20727.5 24378.75 28030

Total ( per annum ) 191280 229380 267480 248730 292545 336360

1.9l 2.3l 2.67l 2.4l 2.9l 3.3l

Footnote
Calculating of D.Y Manager & Sr.DY.Manager as "M2" .
 M-3 M-4

Minimum Medium Maximum Minimum Medium Maximum

9000 12500 16000 10000 14000 18000

4500 4500 4500 5000 5000 5000

nil nil nil nil nil nil

5000 5000 5000 6000 6000 6000

nil nil nil 2000 2000 2000

nil nil nil 4000 4000 4000

3000 3000 3000 3500 3500 3500

1250 1250 1250 1250 1250 1250

2430 3375 4320 2700 3780 4860

25180 29625 34070 34450 39530 44610

302160 355500 408840 413400 474360 535320

3.0l 3.55l 4.08l 4.13l 4.74l 5.35l
 GRADE POSITION TCL LTD
MIN
E1 Assistant Manage 233160
E2 Dy. Manager 290400
E3 Manager 345240
E4 Sr. Manager 412080

vertical growth analysis minimum level

Tcl Baron International

Grades calculation % Grades calculation

E-1 to E-2 0.5*100/2.3 25% E-1 to E-2 0.5*100/1.9 26.315789474

E-2 to E-3 0.5*100/2.9 17.2413793 E-2 to E-3 0.6*100/2.4 25

E-3 to E-4 0.6*100/3.4 17.1428571 E-3 to E-4 0.11*100/3.0 36

Tcl
Grades calculation
E-1 to E-2 0.6*100/3.2

E-2 to E-3 0.6*100/3.8

E-3 to E-4 0.6*100/4.6

 BARON INTERNATIONAL
MED MAX MIN MED MAX
275070 316980 191280 229380 267480
336120 381840 248730 292545 336360
410790 467940 302160 355500 408840
478020 543960 413400 474360 535320

Median Level

Tcl Baron International

Grades calculation % Grades calculation %

E-1 to E-2 0.6*100/2.8 20% E-1 to E-2 0.6*100/2.3 25

E-2 to E-3 0.8*100/3.3 23.5294117647 E-2 to E-3 0.6*100/2.9 28.571429

E-3 to E-4 0.6*100/4.1 14.6341463415 E-3 to E-4 0.12*100/3.5 33

Maximum Level

Baron International
% Grades calculation %
18.181818 E-1 to E-2 0.7*100/2.6 25.925926

15.384615 E-2 to E-3 0.7*100/3.3 20.588235

13.043478 E-3 to E-4 1.3*100/5.3 24.074074

 GRADE POSITION TCL LTD
MIN
E1 Assistant Manager 233160
E2 Dy. Manager 290400
E3 Manager 345240
E4 Sr. Manager 412080

TCL LTD
LEVELS Increase is Calculation %
Minimum to Median (E1) 0.4 0.4*100/2.3 17.3913043478261
Median to Maximum(E1) 0.4 0.3*100/2.9 13.7931034482759

Minimum to Median (E2) 0.4 0.4*100/2.9 13.7931034482759

Median to Maximum(E2) 0.5 0.5*100/3.3 15.1515151515152

Minimum to Median(E3) 0.7 0.7*100/3.4 20.5882352941176

Median to Maximum(E3) 0.6 0.6*100/4.0 15

Minimum to Median(E4) 0.6 0.6*100/4.1 14.6341463414634

Median to Maximum(E4) 0.7 0.7*100/4.7 14.8936170212766
 BARON INTERNATIONAL
MED MAX MIN MED MAX
275070 316980 191280 229380 267480
336120 381840 248730 292545 336360
410790 467940 302160 355500 408840
478020 543960 413400 474360 535320

BARON INTERNATIONAL
LEVELS Increase is %
Minimum to Median(E1) 0.3 0.3*100/1.9 15.78947
Median to Maximum(E1) 0.4 0.4*100/2.2 18.18182

Minimum to Median(E2) 0.4 0.4*100/2.4 16.66667

Median to Maximum(E2) 0.4 0.4*100/2.9 13.7931

Minimum to Median(E3) 0.5 0.5*100/3.0 16.66667

Median to Maximum(E3) 0.5 0.5*100/3.5 14.28571

Minimum to Median(E4) 0.6 0.6*100/4.1 14.63415

Median to Maximum(E4) 0.6 0.6*100/4.7 12.76596
 TCL LTD
GRADE POSITION GRADE
MIN
E1 Assistant Manager 233160 E1
E2 Dy. Manager 284400 E2
E3 Manager 335640 E3
E4 Sr. Manager 398880 E4

GRADE POSITION
MIN
E1 Assistant Manager 191280 E1
E2 Dy. Manager 248730 E2
E3 Manager 302160 E3
E4 Sr. Manager 413400 E4
POSITION GRADE POSITION
MED MAX
Assistant Manager 275070 E1 Assistant Manager 316980
Dy. Manager 330120 E2 Dy. Manager 375840
Manager 392790 E3 Manager 449940
Sr. Manager 452220 E4 Sr. Manager 505560

BARON INTERNATIONAL

POSITION GRADE POSITION

MED MAX
Assistant Manager 229380 E1 Assistant Manager 267480
Dy. Manager 292545 E2 Dy. Manager 336360
Manager 355500 E3 Manager 408840
Sr. Manager 474360 E4 Sr. Manager 535320
GRADE POSITION

E1 Assistant Manager
E2 Dy. Manager
E3 Manager
E4 Sr. Manager

Recommendation

Baron international initial pay for the grade E1 & E2

( Asst.Mngr & Dy.Mngr) is very low compare to the TCL
LTD.so the employee in TCL at the junior & Senior position
( i.e Manager & Sr.Manager) would be well stasified
compared to the other organisation.

TCL LTD providing employee not only with a better pay

package in the initial stages but also taking care of the
medical & LTA allowances, which makes employee happy
& well Satisfied.

In all level when we compare the vertical analysis of TCL

LTD with BARON INTERNSTIONAL, we can observe the
growth rate and career progression in BARON
INTERNATIONAL is much faster compare to TCL.LTD, but
the loop hole in many employee is that the overlook the
future prospect and understand or pay kee to only the
present scenario like "how much we getting in Hand" or
"Cash in Hand"
 TCL LTD BARON INTERNATIONAL
MIN MED MAX MIN MED
233,160 275,070 316,980 191,280 229,380
290,400 336,120 381,840 248,730 292,545
345,240 410,790 467,940 302,160 355,500
412,080 478,020 543,960 413,400 474,360

Horizontal analysis in TCL.LTD & BARON

INTERNATIONAL we can observe that there Is
hardly any hike in salary in BARON

For BARON INTERNATIONAL to retain his

employee & have a happy atmosphere the
organisation should increase in HRA where the
employee salary a margin percentage can increase
at the same time they should also increase in the
Medical & LTA Allowances where the salary can be
matched to the competitor standards.

As BARON INTERNATIONAL is already a major

player in the market by getting turnover of 1200
cr. They can invest a liitle percentage of their
profit in the employee stasifaction programee
where the new player who is playing to target the
"TCL.LTD", if BARON do not pay proper attention
than there can be high level of attrition rate which
can cause the company loose its market share,
attrition rate can be high, incure of more cost on
hiring of new employee ( training , screeing, etc.. )
can cause thyem a lot of money . so increase in
certain percentage in HRA & Medical +
Conveyance can help the company retain his value
.
MAX
267,480
336,360
408,840
535,320
 Chart Title GRADE
4.5
4 4.1
4 E1
3.5 E2
3.4
E3
3 2.9 3
Column K E4
2.5 2.4 2.4
Assistant Manager
2 1.9
1.5
GRADE
1
0.5
E1
0
0.5 1 1.5 2 2.5 3 3.5 4 4.5 E2
E3
E4
POSITION TCL LTD
MIN
Assistant Manager 2.40
Dy. Manager 2.90
Manager 3.40
Sr. Manager 4

BARON INTERNATIONAL
POSITION
MIN
Assistant Manager 1.9
Dy. Manager 2.4
Manager 3
Sr. Manager 4.1