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What is Employer Value Proposition and How to Create It?

HR Lineup

On the other hand, an employer brand conveys details on what your organisation is best known for and presents your company’s strengths to differentiate you from your competitors. An EVP can be in two forms: employee value proposition and employer value proposition.

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What is Leave Encashment? Calculation, Taxation, and Rules

HR Lineup

Daily Salary Basis: One straightforward method is to calculate leave encashment based on the employee’s daily salary. The formula for this calculation is: Leave Encashment = Daily Salary × Number of Unused Leave Days This method is suitable for employees with a fixed daily rate of pay.

Taxes 130
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Embarking into a New Era of Work with Salary Transparency Laws

HR Digest

Salary transparency laws have become a hot topic in recent years, with many countries implementing regulations to promote pay equity and address the gender pay gap. These laws vary by jurisdiction but typically require employers to share salary ranges for specific job positions or provide employees with access to salary data.

Salary 52
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Total Compensation Report Template: Track, Analyze, and Optimize Employee Compensation

COMPackage

Total Compensation Report Template: Track, Analyze, and Optimize Employee Compensation A total compensation report template is a valuable tool for HR departments, providing a comprehensive overview of an employee’s compensation package.

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What is Shadow Payroll and When It Is Required?

HR Lineup

Split Payroll: In a shadow payroll scenario, the employee’s salary is typically split between the home and host countries. A portion of their salary is paid in the home country, subject to the home country’s tax laws, while the remainder is paid in the host country, subject to the host country’s tax laws.

Payroll 130
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4 Strategies To Help Organizations Fix the Gender Wage Gap

15Five

After finally being promoted to a senior role and getting a double-digit percentage salary bump, I found out how my pay compared to my team. Even though I appreciated the salary increase, I couldn’t help but wonder why the company underpaid me for so long. Instead, you can ask if the salary range meets their expectations.

Salary 98
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Salary Benchmarking Guide - Importance, Process, Challenges, and Trends

Empuls

Salary benchmarking is when HR compares the organization's pay levels with market rates for similar jobs. It helps ensure fair compensation for employees and offers a competitive advantage. Importance of salary benchmarking One can summarize the importance of salary benchmarking as follows: 1.

Salary 40