As a business owner or finance manager in India, have you ever wondered if your organization's payroll is completely accurate? Do your salary expenses reconcile with what was actually paid to employees month-to-month? Are taxes and other liabilities properly...
How should companies determine the appropriate compensation package for their employees? With rising costs and the need to attract skilled talent, designing an optimal pay structure is more important than ever. But what exactly is a pay structure, and what should...
Have you ever wondered what exactly makes up your total compensation as an employee? Beyond just your in-hand salary amount, your remuneration package consists of various components and perks. But do you fully understand what these components are and the typical...
Content On This PageWhat is Bereavement Leave?The Importance of Bereavement LeaveEligibility for Taking Bereavement LeaveHow Many Days of Bereavement Leave Are Allowed?Pay and Compensation During Bereavement LeaveWhat Are the Proof and Documentation Required for...
What is Leave Without Pay (LWP)?When Employees Might Take Leave Without Pay Managing LWP in Time and Attendance SystemsProperly Recording LWP EventsCommon Mistakes Related to LWPBest PracticesDeduction What is Leave Without Pay (LWP)? Leave without pay (LWP) refers to...
Most companies offer casual leave as an additional benefit to employees to help them maintain a healthy work-life balance. Casual leaves are generally limited to a fixed number of days per year, ranging from 5-12 days depending on the organization's leave policy....
Do you know what your PAN is and how it relates to your financial transactions and tax payments in India? If not, this comprehensive guide on PAN will provide clarity. Obtaining a Permanent Account Number (PAN) has now been made mandatory by the Income Tax...
Table of ContentsWhat is CTC (Cost to Company) in Salary?What Components Include in CTC (Cost to Company)?Fixed Components Typically Includes:-Variable Components Typically Includes:-In Deduction Typically Includes:-How is CTC (Cost to Company) Calculated?Want to...
Are you struggling to retain your top talent? In today's competitive business landscape, retaining skilled employees has become a critical challenge for organizations across industries. High employee turnover can have significant consequences, including increased...
Have you ever felt a sense of pride and satisfaction when your hard work and efforts are recognized and appreciated? In today's fast-paced and competitive business landscape, employee recognition has emerged as a crucial element for organizations seeking to foster a...
