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The statutory bonus in India is paid according to the bonus payment law (1965). The bonus is a deferred benefit, and some companies choose to pay it in advance. Eligibility for the bonus has been increased to include employees income up to INR 21,000 per month (up from INR 10,000 per month before). Increase of…
In an Employment contract between the employee and employer, the termination clause states a clause on Pilon i.e, payment in lieu of the notice period. This can come into picture in two situations. When the employee resigns and does not want to serve the notice period as per his employment agreement. The employee can serve…
There are many different websites where you can get your hands-on Cloud HRMS in India, and in this scenario, the question of where to purchase the best HR software in India arises in every employer’s mind. What you may find is that the prices vary depending on where you make your purchase. Make it a…