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GRATUITY IN OFFER LETTER
Salary hike this appraisal season? New labour codes and tax rules may change your real take-home payAppraisal season this year saw companies begin aligning salary structures with new labour codes and updated income tax rules. While some fi...- Laid off by Oracle? Here’s how to calculate your severance pay and legal entitlementsIn India, many employees who laid-off by their respective companies remain unaware of their legal rights. The article clarifies notice peri...
- New labour codes 2025: How variable pay and basic salary affect EPF, gratuity calculationsIndia's new labour codes require 50% of CTC to be factored into social security calculations, affecting EPF and gratuity contributions. Emp...
- New Labour Codes: What the government promises and why MSMEs are watching closelyThe new Labour Codes aim to streamline compliance and unify regulations for MSMEs. However, uncertainties over costs, digital readiness, an...
- 8th Pay Commission pension: Restore Old Pension Scheme for 26 lakh central govt employees in 8th CPC, leading employee body writes to PM ModiEmployee unions are pressing Prime Minister Narendra Modi to revise the 8th Pay Commission's Terms of Reference. Key demands include reinst...
- From Rs 60K to just Rs 48,500: New joiner shocked to learn the truth about her payslip, shares CANew employees often face a shock when their take-home salary is less than expected. This happens because Cost to Company includes deduction...
- How is gratuity calculated as a part of CTC?
- Your in-hand salary lower than what was offered in CTC? CA shares tips to help you avoid this situationChartered Accountant Abhishek Walia has cautioned freshers and experienced professionals about the misleading nature of Cost to Company (CT...
- Are you a govt employee retiring in one year? Know these due dates for pension and gratuity for a smooth retirementGovernment employees should meet important deadlines in their final year of service for smooth pension and gratuity processing. Key steps i...
- Gratuity payment: Quitting your job before 5 years? You can still get gratuity; know howGratuity payment: Many employees who quit their jobs before five years of service think they cannot receive a gratuity. However, even if th...
- Gratuity calculation in CTC: How is gratuity calculated as a portion of employee's CTC in offer letter; Check formulaGratuity calculation in CTC: Gratuity is paid when an employee leaves the organisation after completing a minimum service period of five ye...
- You are entitled to these perks if you have been laid offWith widespread layoffs, it's important for individuals to be aware of their post-layoff benefits entitlements and negotiate with their emp...
- Seeking a government job in 2023: A goal to achieve or an obsession to overcome?Government jobs in India have been the most preferred option for decades, considering their job security, improved pay structure, work-life...
- How to negotiate salary during job interview and not let taxes eat into your take home payWhen you have multiple fronts to negotiate on, like salary, designation, bonus, perks or reimbursements, begin discussions in parallel so t...
- Jet Airways owes employees between Rs 3 lakh and Rs 85 lakh. New owners want to pay Rs 23,000 to eachThe cash payment proposed by Kalrock-Jalan for each staffer is a token sum of Rs 11,000 and then Rs 5,100 towards medical reimbursements fo...
- MakeMyTrip bears the brunt of Covid-hit travel industry, lays off 350 employeesThe company is offering mediclaim coverage till the year-end for individuals and their families who have been impacted by this move.
- Foxconn India may lay off employeesET had written about the company’s VRS plans on June 3, 2014 and this is the first time Foxconn is making it official.
- Eight things to do during your notice periodWhether you have decided to leave or have been asked to, here’s a list of things to do and avoid when you are serving the notice period.
- 5 financial skills for the young professionalLike a good investor, learn the key skills, make smart career decisions and take timely actions. Here’s how to secure your finances for a l...
- Tough get going in bearish job marketInstead of fretting over retrenchment fears, know your rights as an employee to make the right moves at the right time.
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