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Your Guide to Take-home Pay

Patriot Software

After you subtract all of the taxes and other deductions, money left over is considered take-home pay. Read on to learn more about what is take-home pay and how to calculate it. What is take home pay? Take-home pay may also be called net pay.

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5 Benefits for Using Modern Payroll Software in UAE

Bayzat

However, using contemporary HR and payroll software solutions allows you to optimize your processes, providing valuable employee information. This paper will discuss the advantages of using modern payroll software that is integrated with an HRMS solution in the UAE. Clear communication is key! Let’s delve deep into it!

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Can Payroll Services Handle Direct Deposit?

Patriot Software

Most employers handle direct deposit through their payroll software. Payroll services calculate employees’ wages, taxes and deductions, and take-home pay. […] Read More Direct deposit is a convenient payment method for employees, who receive their paycheck quickly and securely on payday.

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Top 5 reasons to check your payslip

cipHR

CIPHR asked payroll expert Jon Lee for some pointers. As head of payroll bureau services at CIPHR’s sister company PBS , a payroll software and service provider, Jon and his team process payroll and BACS salary payments for 94,000 employees, across 500 organisations every month. Further reading.

Pension 98
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Your choice: To ditch Social Security tax withholding or not

Business Management Daily

Don’t say it’s too expensive to reprogram your payroll software at this late date, that the deferral will wreak havoc with your year-end reporting or that they won’t be getting as much as they think. Employees who generally earn more than $4,000 per biweekly pay period get nothing.

Taxes 81
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Only 57% of employees always check their payslips

cipHR

Polling over 1,000 people, HR and payroll software provider CIPHR found that nearly a quarter (22%) don’t regularly check their payslips, despite their importance for keeping track of their pay. As many as one in twelve employees (8%) confess to rarely (or even never) looking at their payslips.

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Cost of living crisis: 7 ways employers can support employees

cipHR

From 6 April 2022 , the rise in national insurance (NI) contributions means the average worker will see their take-home pay fall by around £250 each year. However, employees may be able to minimise these losses by paying for some items before they are taxed. Salary sacrifice.

Pension 40