Contribution to the EPF is compulsory if
the basic salary of the employees is below Rs 15000 / month.
Basic Salary - The basic salary differs from CTC,
the basic salary of the employee remains constant and does not vary.
Moreover,
the basic salary of an employee should be at least 50 - 60 % of his / her gross salary.
The employer needs to contribute 0.5 % of
the basic salary of each employee's wage towards the Employees» Deposit Linked Insurance Scheme (EDLI).
Not exact matches
King Arthur Flour provides
basic Life Insurance and Accidental Death and Dismemberment (AD&D) Coverage equal to two times an
employee - owners annual
salary, up to a maximum
of $ 200,000, for no cost to eligible
employee - owners.
In the most
basic sense this saves organizations money, as researchers have directly connected an
employee's emotional well - being to actual cost - savings, noting that «in a sample
of management personnel with average
salaries in the $ 65,000 range... being psychologically distressed could cost the organization roughly $ 75 a week per person in lost productivity.»
For govt sector
employee, the taxable amount is total Entertainment allowance received minus least
of below; * 1 / 5th
of basic salary.
Group Income Protection Policy The company provides a Group Income Protection Policy which protects the
employee and their family for long periods
of illness by paying a portion
of income equivalent to 75 %
of basic salary, for a set timescale.
There's a lot to consider when you're hiring on a new
employee beyond the
basics of salary and start date.
The mismatch arose because on a TUPE transfer the new employer is required to match
employee contributions
of up to 6 %
of basic salary (in DC schemes).
In case
of Government fund, the contribution from the
employee's side is 10 %
basic salary + dearness allowance with exactly same contribution from the employer.
50 %
of the
basic salary that comprises
of the DA if the
employee resides in any
of the metro cities
of India (New Delhi, Kolkata, Mumbai, and Chennai).
12 %
of an
employee's
basic salary goes towards his / her EPF account with the employer contributing equally.
Employers can elect to purchase
basic coverage for their
employees, such as a multiple
of salary benefit or a flat amount.
Allowances - Allowances are included in your
salary structure, it is basically provided to the
employee that helps them to take care
of all the
basic needs.
Public Provident Fund (PPF) and
Employee Provident Fund (EPF) are the required percentage of employee's salary, generally the basic salary not less than
Employee Provident Fund (EPF) are the required percentage
of employee's salary, generally the basic salary not less than
employee's
salary, generally the
basic salary not less than 12 %
of.
In case
of Tier 1 accounts, the contributed amount in the scheme is 10 %
of the
basic salary in addition to the dearness allowance from the
employee and the employer.
• Sourcing active and passive candidates from online databases, internal databases, job boards, and
employee referrals • Providing pre-qualified candidates who are the best match for the assigned positions through active on - going search • Screening candidates for availability, interest level,
salary range, relocation needs, and
basic qualifications • Generating a high volume / high quality pipeline
of future suitable candidates • Building long - term, successful relationships with key members
of staff at the different hospitals you will be recruiting for.
Consultants with more than two years» experience can earn
salaries of around # 20,000 to # 30,000, not including commission, while senior
employees with team management responsibilities can earn
basic salaries of # 40,000 and above.
A highly competitive
basic salary, company car, benefits package and bonus will be offered, in addition to the exciting opportunity to establish your pharmaceutical career with a winning company who pride themselves on recognition and development
of their
employees.