Qandle
AUGUST 3, 2023
Step 4: Deductions and Benefits After calculating the gross salary, the next step is to apply deductions and add any benefits provided by the employer. Statutory contributions such as Provident Fund (PF), Employee State Insurance (ESI), and Professional Tax (PT) are deducted from the gross salary.
Employee Benefits
JUNE 5, 2023
Outsourced payroll solutions and worker benefits provider HIVE360 has launched two new solutions as powerful alternatives to the traditional umbrella providers. HIVE360 Umbrella Plus tackles the typical umbrella challenges head on.
Employee Benefits
JULY 12, 2023
Need to know: As businesses grow, it is vital that their employee benefits strategies also evolve. Any organisation’s needs will change as it grows, whether that is premises, staffing or employee benefits strategies. This not only prepares providers for large shifts in take-up, but it helps with cost planning too.
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