Paid leave in human resources refers to the time off from work that an employee is allowed to take while still receiving their regular salary or wages. This type of leave may include vacation days, sick leave, personal days, or other types of paid time off. Employers typically provide paid leave as a way to …
Cost to Company (CTC) is the total amount of money spent by an employer on an employee in a year. It includes the employee’s salary or wages, as well as any benefits, bonuses, and other perks provided by the company. In addition to the employee’s direct compensation, CTC can also include other expenses such as …
WHAT IS CTC ! CTC Elements ! Salary Range in India Read More »
Friends Every organization leaves policies differ from organization to organization and having various type of leave policies like Sick Leave, Casual Leave, Maternity Leave, Earned Leave any many more. Among of them Casual leave is type of leave that employee can avail in response of a unplanned situation that is a situation occurs without any …
Under the existing structure of the Profession Tax, salary or wage who received monthly salary of Rs 6,000 to Rs 8,999 per month and Rs 9,000 to Rs 11,999 per month are eligible to pay Rs 80 per month and Rs 150 per month respectively as Profession Tax. in this article we will understand Gujarat …
Hi Friends in my previous Article we learn what is CTC and what is the CTC structure, Now we will learn how to prepare CTC breakup, what is statutory Payroll compliances and also we will learn to prepare CTC Annexure in MS Excel. Explanation of CTC breakup As an HR professional we need to prepare …
CTC Breakup | Learn to prepare Salary Breakup in MS Excel Read More »
Cost to Company (CTC) is the amount which an employer spends to hire and employee by creating a relationship of employee and employer. Employee gets CTC as per his or her profile and level of skill. The CTC amount which a company pay to her employees is basically the sum amount of Direct Benefits (Fixed …