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India’s Payroll Processing: A Comprehensive Step-by-Step Guide

Qandle

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
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Refurbished Tech

Sodexo Engage

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
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Refurbished Tech

Sodexo Engage

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
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How to upscale a benefits strategy to align with business growth

Employee Benefits

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
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‘New generation’ payroll support for recruiters launched

Employee Benefits

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