Career Creed HR Services Pvt. Ltd.
Career Creed HR Services Pvt. Ltd.
Pay People Right. Build a Business That Lasts.
Compensation & Benefits designed for growing businesses — competitive, compliant, and aligned with your people strategy.
Build salary structures, benefits and reward systems that attract the right talent, control costs and stay aligned with India’s evolving labour framework.
The Problem
For a growing business, compensation is more than deciding a salary.
Unstructured pay can create salary inconsistencies, compliance gaps, rising payroll costs and employee dissatisfaction.
Common challenges include:
As your team grows, these gaps become harder and more expensive to fix.
Career Creed helps startups and growing companies create a compensation system that works for both business and employees. We help you structure:
Create clear and consistent salary components based on roles, levels and business budgets.
Compare compensation with relevant market practices to stay competitive without overpaying.
Design performance-linked incentives that connect employee rewards with business outcomes.
Review and structure benefits such as allowances, insurance, leave-linked benefits and other employee offerings.
Identify inconsistencies in compensation for similar roles and responsibilities.
Create practical guidelines for salary revisions, promotions, incentives and benefits.
Is Your CTC Structure Ready for the New Labour Framework?
Compensation structures now need closer attention to the statutory definition of “wages.”
Under the Code on Wages, wages include basic pay, dearness allowance and retaining allowance, while several other components are excluded subject to the statutory rules. The Code also provides a 50% threshold mechanism for certain excluded components when calculating wages.
The goal is not simply to change the salary breakup. It is to build a compensation structure that is commercially practical and legally aligned.
Note: Applicability and treatment can vary based on employee category, establishment, state rules and the applicable provisions in force.
01
Salary Components
Review Basic, HRA, allowances and other components.
02
Wage Calculation
Assess the impact of the statutory 50% rule on applicable salary structures.
03
Statutory Benefits
Review compensation implications for PF, gratuity and other applicable benefits.
04
Employment Documents
Align CTC and compensation terms with appointment letters, policies and payroll processes.
05
Pay Equity
Check compensation practices against equal-pay requirements and role responsibilities.
Our 5-Step C&B Approach
Understand
We assess your business model, workforce, roles and current compensation structure.
Benchmark
We compare key roles and salary levels with relevant market practices.
Structure
We design salary bands, CTC components, benefits and incentives around your business needs.
Align
We review the structure against applicable labour and statutory requirements.
Implement & Review
We support implementation and periodic reviews as your business and workforce evolve.
Compensation That Supports Growth
At Career Creed, we look at compensation from both sides:
Business Perspective
Control people costs. Improve salary visibility. Plan future hiring budgets.
Employee Perspective
Create transparent pay structures. Offer meaningful benefits. Reward performance fairly.
One Framework. Three Outcomes.
Attract Better Talent
Offer compensation that remains competitive in your target market.
Control People Cost
Build salary structures that match your business stage and budget.
Reduce Compliance Risk
Keep compensation practices aligned with applicable labour requirements.
Statutory threshold mechanism under the Code on Wages for certain excluded components when calculating wages.
Labour Codes
Compensation can intersect with multiple areas of India’s labour framework.
Visibility
Know your fixed pay, variable pay, benefits and total employee cost before you scale.
Clear Framework
A structured C&B system creates consistency across hiring, increments, promotions and rewards.
Startups
Create the right compensation foundation before salary structures become difficult to manage.
Growing Businesses
Bring consistency to roles, salary bands, incentives and employee benefits.
Established SMEs
Review existing compensation practices and prepare for changing workforce and compliance requirements.
Ready to Build a Smarter Compensation Structure?
Let Career Creed help you build a C&B framework that is competitive, practical and labour-code ready.