With globalization and the increasing mobility of professionals, many employees are now exploring career opportunities abroad. One of the most popular destinations for expatriates is the United Arab ...
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Gratuity calculation in CTC: How is gratuity calculated as a portion of employee's CTC in offer letter; Check formula
Employers usually include gratuity and the employer's contribution to the Employees' Provident Fund (EPF) in the CTC (cost to company) stated in your offer letter when you join a new organisation.
At the core of the changes is a redefinition of wages. Under the new Labour Codes, at least 50% of an employee’s total ...
You can check with your employer as the HR department of the organisation keeps complete information related to you. If the last few months in the last year of employment are more than 6 months, it ...
If allowances and benefits (excluding gratuity and retrenchment compensation) exceed 50 percent of an employee’s total ...
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