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Salary structure refers to the systematic break-up of an employee’s total remuneration into various components, each serving a specific financial and motivational purpose. The basic salary is the core component and forms the foundation for calculating several allowances and benefits. It usually constitutes a fixed percentage of the total salary and reflects the employee’s role, skills, and experience. Dearness allowance is provided to offset _____ ________ _________ _________ _______ _____ ________ _________ ______.
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