Pay Profiles & Components
Each pay profile is one country's payroll rulebook — currency, fiscal year and the components that build pay. Components are earnings, deductions or employer costs, calculated as a flat amount, a formula, a CTC balancer or a tax-slab lookup.
Set a target CTC and watch it split to the paise
Components are formulas, balancers, slab lookups or flat amounts on a per-country pay profile. Drag the slider; nothing here is hard-coded.
Salary structure
Pick a pay profile, set a target CTC, and the components work themselves out.
₹12,00,000
Earnings
- FormulaBasic40% of CTC₹40,000.00
- FormulaHouse rent allowance50% of Basic₹20,000.00
- BalancerSpecial allowanceAbsorbs the remainder so the total hits CTC exactly₹38,200.00
Employer cost (inside CTC)
- FormulaEmployer PF12% of PF wages · base capped at 15,000₹1,800.00
Employee deductions
- FormulaEmployee PF12% of PF wages−₹1,800.00
- FlatProfessional taxFixed monthly amount−₹200.00
- Slab lookupTDSProgressive slab table · regime chosen by the employee−₹0.00
Take-home / month
₹96,200
Deductions / month
₹2,000
Employer cost / month
₹1,800
Earnings + employer cost = ₹1,00,000.00 · CTC matched exactly
Illustrative rates and slabs
What you get
11 capabilities in pay profiles & components
- Multiple pay profiles for different countries or jurisdictions
- Currency, fiscal and tax cycle per profile; a default profile for unassigned staff
- Component types: Earning, Deduction and Employer Cost
- Flat amount, entered per employee or as a default
- Formula percentage of Base, Gross or CTC
- Remainder balancer that absorbs the residual to hit exact CTC
- Slab / tax withholding from a statutory bracket table
- Monthly or non-monthly payout (variable pay)
- Primary base component that formulas calculate against
- Taxable flag, display order and active switch per component
- Import template and recommended setup to start fast
Related Payroll & Compensation features
Wage Bases, Tax Slabs & Exemptions
Statutory deductions charged on exactly the wages the law counts.
- Named wage bases such as PF wages, ESI, gratuity, SOCSO/EIS
- Contributions recomputed from what was actually paid each month — bonuses, overtime and arrears included
- Progressive or flat tax slab tables attached to TDS components
- and 5 more
Salary Structures & Revisions
Enter a target CTC — the breakdown is calculated exactly, to the paise.
- Company-wide compensation directory with CTC, est. monthly net and effective date
- Structure coverage: configured vs awaiting setup
- Target annual or monthly CTC auto-distributed exactly
- and 7 more
Payroll Runs & Payslips
Monthly runs with LOP, overtime and comp-off, then a locked finalize.
- Payroll runs per financial year with Calculated → Finalized status
- Paid days, LOP, adjustments, OT, night pay and comp-off per employee
- Take-home, employee deductions, employer statutory cost and CTC per run
- and 7 more
See MaverickHR running on your own rules
Tell us your headcount, your sites and the modules you need. We set up a walkthrough on your leave policy, shifts and pay structure, then send a quote that fits.
Replies within one business day, from the team that builds the product.