The current transportation policy amend fixed amount for transportation allowance for the employees in the company.
It is required by my side to show the additional cost by adopting 10% as transportation allowance which is not advised at all. But it is required to provide the analysis to advise for not implementing it.
The analysis is mostly done by providing real data of my company. But I just need to know what is the provided percentage to be used for each case in the excel?
Please help me out by the use of the attached. I need logical analysis with justification.
Transportation allowance as fixed Vs transportation allowance as 10% The current transportation policy says that Exo is a company located in Saudi Arabia grants their Regular employees a fixed transportation allowance based on their job grade codes as follows; Grade code From 5 to 9 1000 SR From 10 to 13 15000 SR From 14 to 20 2000 SR Some of the companies, pay the transportation allowance as 10% of employees basic salary with no cap. Please justify we Exo company is going with fixed allowance not a 10% allowance. The full employee data will be given as grade code, basic salary, transportation allowance to make it easy for you to come up with a valid analysis for both situations. The attached picture is given for you to fill the red highlighted cells to required to know the real reason why?
Sample Solution
