your grade within the company’s salary structure. Many deductions are also dependent on the basic – for example‚ your contribution (and the matching component by your employer) to provident fund is 12% of your basic. It is taxable. Dearness Allowance (DA) The Dearness Allowance is paid out to compensate for increase in the general cost of living due to inflation. DA is paid out every month. It is a taxable component of your salary. Incentive / Bonus Incentives or bonuses are paid out depending
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Has everyone forgotten how we got into fighting this war in the first place? We have declared independence from Britain‚ and ‚unfortunately‚ we are losing! As Thomas Paine clearly states‚ “What we obtain too cheap‚ we esteem too lightly: it is dearness only that gives everything its value… Britain‚ with an army to enforce her tyranny‚ has declared that she has a right (not only to tax) but ‘to bind us in all cases whatsoever‚’ and if being bound in that manner‚ is not slavery‚ then is there not
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ESOP’s are Employee Stock Option Plans under which employees receive the right to purchase a certain number of shares in the company at a predetermined price‚ as a reward for their performance and also as motivation for employees to keep increasing their performance. Employees typically have to wait for a certain duration known as vesting period before they can exercise the right to purchase the shares. The main aim of giving such a plan to its employees is to give shares of the company to its employees
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Compensation Management Submitted to:- Submitted by:- Gopalakrishna BV Divakar Kumar 12HM14 Introduction Compensation administration is a segment of management or human resource management focusing on planning‚ organizing‚ and controlling the direct and indirect payments employees receive for the work they perform. Compensation includes direct forms such as
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Chapter 1 COMPENSATION & BENEFITS Books for reference • George T Milkovich‚ Jerry M Newman‚ C S Venkataratnam. Compensaton‚ Tata McGraw - Hill Educaton‚ 9th editon‚ 2009 • Dewakar Goel. Performance Appraisal And Compensaton Management: A Modern Approach‚ PHI‚ 2nd editon‚ 2012 • Compensaton & reward management by B.D singh. Module coverage • Module 1: Compensaton – an overview ( 5 hours) • Objectve of compensaton - External influences
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Prompt "That which we obtain too easily‚ we esteem too lightly. It is dearness only which gives everything its value." Thomas Paine Assignment: Do we value only what we struggle for? Plan your response‚ and then write an essay to explain your views on this issue. Be sure to support your position with specific points and examples. (You may use personal examples or examples from your reading‚ observations‚ or‚ knowledge of subjects such as history‚ literature‚ science.) Prompt: If we are afraid
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some may say struggle‚ is inevitable and unavoidable. The question that arises from overcoming adversity is value or meaning that comes from difficult times and/or catastrophic events. “ That which we obtain too easily‚ we esteem to lightly. It is dearness only which gives everything its value.” Thomas Paine is reflecting his belief that people tend to naturally care more about things that come or seem easy. Any human being will value only what they struggle for. People do value for what they struggle
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certain other benefits. Definitions * wages" means all remuneration paid or payable in cash to a woman‚ if the terms of the contract of employment‚ * express or implied‚ were fulfilled and includes-such cash allowances (including dearness * allowance and house rent allowance) as a woman is for the time being entitled to; * (2) incentive bonus; and * (3) the money value of the concessional *
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Service Conditions for Award Staff Specially Designed for Newly Recruited Clerks Compiled by: Strategic Training Unit‚ Hyderabad Table of Contents Page | 2 SALARY‚ ALLOWANCES & OTHER PROVISIONS .............................................................................3 Reimbursements.............................................................................................................................5 LEAVE RULES....................................................................
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PROJECT REPORT ON “WAGE AND SALARY ADMINISTRATION IN AN ORGANISATION” IN PARTIAL FULFILLMENT OF THE DEGREE OF BACHLOR OF BUSINESS ADMINISTRATION SESSION (2012-2013) TECHNOCARE SOLLUTION SUBMITTED TO SUBMITTED BY TRIPATI INSTITUTE OF PROFFESSIONAL STUDIES ACKNOWLEDGEMENT Summer Training is an important part of BBA and I would like to express
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