Companies grant conveyance allowances to their employees to cover travel expenses to and from the office. Read this blog post for more.
HR compliance is the process of bringing an organisation’s HR policies in sync with the labour laws prevalent at the city, state, country, and global level and in accordance with industry-specific laws.
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.
Employee lifecycle refers to the various stages an employee goes through during their tenure with a company such as recruitment, onboarding, development, retention, and separation.
Performance management involves creating a systematic process for employees to meet their goals and objectives while simultaneously aligning with the organization’s overall mission & vision.
A salary breakup structure is a structure in which the CTC is divided into various components to arrive at the in-hand salary of an employee. Click here to know more!
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.
Compensation management is one of the primary functions of HR. A compensation package attracts employees towards startups and their decision to stick with them.
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.
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.