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.

Payroll 98

Payroll Payroll Software Deductions Deductible 98

Sodexo Engage

SEPTEMBER 16, 2024

Frequently asked questions What is the Refurbished Tech benefit? The benefit provides a trusted platform for employees to purchase refurbished devices, trade-in or recycle old tech, or repair devices to prolong their life cycle. Why consider a NET Pay Scheme? The benefit can also be run on a NET pay basis.

Net Pay 59

Net Pay Deductions Deductible Salary 59

Sodexo Engage

SEPTEMBER 16, 2024

Frequently asked questions What is the Refurbished Tech benefit? The benefit provides a trusted platform for employees to purchase refurbished devices, trade-in or recycle old tech, or repair devices to prolong their life cycle. Why consider a NET Pay Scheme? The benefit can also be run on a NET pay basis.

Net Pay 52

Net Pay Deductions Deductible Salary 52

Employee Benefits

JULY 12, 2023

Added value Lifestyle discounts can be a way of adding value to pay packets, says Chris Last, strategy director at Vivup. These easily and significantly stretch an employee’s net pay, and salary sacrifice [arrangements] can be added quickly and effectively because they have been in place and working effectively for several years,” he says.

Pension 98

Pension Net Pay Paid Leave Taxes 98

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.

Payroll 52

Payroll Recruitment Outsourcing Payroll Net Pay 52