Variable pay is usually paid in the form of incentive pay, bonus, or commission. It is determined based on two main factors – the employee’s performance and the company’s overall performance.
Leave encashment is the amount of money an employee receives from an employer for their unutilised leaves. Read the blog post to know how to calculate leave encashment.
Perquisites or fringe benefits are perks that employees enjoy over and above their salary. This article discusses different types of perquisites, examples, and how to calculate taxes on perquisites with examples.
Employee onboarding is the process of introducing and orienting the new employees with your company’s work culture and processes.
Calculating income tax on employee salary is a complex process. This blog post discusses the various aspects of income tax computation on employee salary with an example.
Effective employee retention strategies help retain top talent and save companies from huge turnover costs and build a strong company culture.
Full and final settlement is the process of calculating all the dues payable to an employee who resigns, retires, or is removed by the management.
Businesses, small or large, use HR letters at various stages of the employee lifecycle. This article covers the types of HR letters and their formats, along with free MS Word & PDF templates.
An appraisal letter is a written document stating that the employer has noticed the employee’s contribution to the organisation. Get free appraisal letter templates.
An appointment letter is a formal document sent out by companies whenever a candidate gets selected for a position. Read on to know what an appointment letter is, the steps to write one, and get ready-to-use Word and PDF templates for free.