The 8th Pay Commission is expected to bring a substantial increase in salaries and pensions. Experts predict the fitment ...
The recommendations of the 8th Pay Commission are expected to be enforced in 2026, benefiting approximately 50 lakh central ...
Know when to negotiate salary. Determine your value as an employee. Negotiate salary like a pro. Refrain from sharing your salary history. Consider other employee benefits when negotiating salary.
If you are an employee making Class 1 National Insurance contributions (NICs), simply input your monthly salary and hit “Calculate”. Don’t worry, inputs to the tool aren’t saved anywhere.
You can use the formula: (12 x Monthly gross rate of pay x Public Holidays worked on) / (52 x Average number of work days in a week) For greater convenience, employers and employees can use this MOM ...
However, payroll discrepancies or mistakes can happen, often as a result of errors in calculating an employee’s pay raise, commission or overtime pay. If you underpay a worker, you owe them retro pay ...
To calculate your CPF contributions ... Both schemes require employers and employees to contribute a portion of their salaries to a savings account, which can then be used for a variety of purposes, ...
If foreign employees make up 10% of your workforce, you are required to pay a monthly levy of $330 for each S Pass holder ... Quotas for work permit holders can also be much more complicated, and you ...
While your contribution to the EPF account will be 12% of your basic salary and dearness allowance, the employer will contribute 3.67% to EPF and 8.33% to EPS. Can I use the EPF calculator for free?
Which employment segments are seeing the largest pay raises, and what should business executives do to compete?
The central government, last week, approved the formation of 8th Pay Commission, which would recommend a new fitment factor and other modalities to revise central government employees salaries. The ...