A candidate salary approval form asks management to approve the exact compensation for a selected candidate. It shows the proposed CTC breakup including statutory contributions, where it sits in the salary band, how it compares to internal peers and any exceptions, so approvers can sign off with full information.
Employer PF, ESI (if applicable) and gratuity components
Band minimum, mid-point and maximum with compa-ratio
Internal peer comparison
Exceptions and justification
Approval matrix by CTC level
When to use it
Before the offer letter is drafted for any new hire
When the proposed CTC is above the band mid-point or maximum
Approving joining bonus, retention bonus or special allowances
Audit evidence for compensation decisions
How to customise this template
1Replace the breakup with your standard salary structure
2Insert your grade bands and compa-ratio formula
3Add a row for variable pay plan reference
4Set approval levels by CTC threshold
HR tips
Check that Basic Salary meets minimum wage and your structure rules
Remember EPF is 12% of basic (plus DA) each for employer and employee, subject to wage ceiling rules; reflect the employer share correctly
ESI applies only for employees earning up to ₹21,000 a month
Flag any offer above band maximum for the HR Head and CEO
This template is a starting point. Review salary structure, statutory contributions and wage definitions against applicable labour laws, including the Labour Codes and state rules, and with a legal or payroll adviser where needed.
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