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Basic Pay 50% Rule and Wage Distribution

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The Basic Pay 50% Rule improves wage distribution by fixing a minimum percentage for basic salary within total compensation. This prevents excessive fragmentation of salary into non-core components. Employees receive improved statutory benefits and better clarity on earnings. Employers gain uniform payroll structures and reduced compliance risks, creating a stable and transparent wage... https://savvyhrms.com/basic-pay-50-rule-explained/

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