Old V/S New Salary Breakup Comparision Calculator - Excel
Excel-based tool to compare old vs new salary structure under new labour code draft rules, helping evaluate impact on wages, exclusions, and overall salary composition.
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About this product
Old vs New Salary Comparison Tool โ New Labour Codes Rules Aligned)
This Excel-based tool is designed to help evaluate and compare salary structures under the existing approach and the revised structure aligned with the wage definition under new labour codes (based on draft rules and practical interpretation).
It enables a structured comparison of salary components, helping users understand how changes in wage definition and exclusion limits may impact overall salary composition.
What this product does
- Compares old and revised salary structures in a single view
- Reflects wage definition logic as per draft rules
- Highlights impact on wages and excluded components
- Provides clarity on changes in salary composition
How this helps
- Supports evaluation of salary restructuring scenarios
- Provides a clear view of how components shift under revised definitions
- Helps in internal discussions and decision-making
- Reduces manual comparison effort across multiple structures
Who should use this
- HR and compensation professionals
- Payroll teams
- Consultants working on salary structuring
- Organizations assessing impact of new labour codes
Important note
This tool is based on new rules and practical interpretation of the new labour codes.