Sentences with phrase «salary of employees»

Moreover, the basic salary of an employee should be at least 50 - 60 % of his / her gross salary.
Without customers or revenues or profits, a startup must find other ways to pay the bills and salaries of employees on a regular basis.
In this case, income tax is based on the gross salary of the employee and is deducted as a source by the employer.
The premiums are collected from the monthly salary of the employee and deposited in the insurance company.
The average salary of an employee relations specialist is $ 60,000 — 75, 000.
Analyzed and contributed in making wage and salary of employees in accordance with local, state, and federal laws
Salaries of the employees of both private and public sector organizations are composed of a number of minor components as well.
Furthermore, those who were satisfied were not lured away by better offers from competitors, as the study also found the starting salaries of employees who quit were about the same as what they earned at their previous job.
Most notably, Target and TJX Companies — the parent company of T.J. Maxx and Marshalls — have announced that they will also raise the base salary of their employees to $ 9 an hour this year, with T.J. Maxx planning to emulate Walmart's bump to $ 10 an hour next year.
The park district's operating expenses, which include salaries of employees, are up by about 5.8 percent to $ 16.2 million from $ 15.3 million from the previous year's estimate, according to the budget.
CTC is evaluated as variable pay as it elements based on different factors and thus the take home salary and the net salary of an employees» varies when the CTC varies from employee to employee.
Basic Salary - The basic salary differs from CTC, the basic salary of the employee remains constant and does not vary.
If the Employer fails to give written notice or gives notice of an insufficient period, it must pay the employee an indemnity equal to the base salary of the employee (excluding any commission) for a period equal to the period or remaining period of notice to which the employee was entitled.
Contribution to the EPF is compulsory if the basic salary of the employees is below Rs 15000 / month.
Most employers will recite over and over that people are the secret to their success — and given that turnover costs about 1.5 times the salary of the employee who moves on, according to PricewaterhouseCoopers, they'd better mean it.
The ads you see in your feed pay the salary of every employee at Facebook.
In a poll commissioned in conjunction with tonight's show, the Marist Institute for Public Opinion found that more than seven in 10 Americans do not think private companies should be required to publish the salaries of its employees, nor should firms disclose pay rates internally.
Every day that you're open, you're paying for heat, gas, electricity and the salaries of your employees.
'' according to the IRS — which is, essentially, a figure comparable to the salary of an employee in your role at another business.
When receiving a salary, all employers must receive «reasonable compensation» according to the IRS — which is, essentially, a figure comparable to the salary of an employee in your role at another business.
Contributions can be deducted from the salary of the employee.
In practical terms, macroeconomic decisions remain in the hands of the central government, as do decisions relating to the management of the main taxes and money transfers which enable the Catalan government to pay everything from the salaries of its employees to its suppliers.
Businesses, though, would be held harmless by lowering the salaries of employees, using those savings to fund the payroll tax expenses.
In June 2015, as part of negotiations for the Fiscal Year 2016 Adopted Budget, the de Blasio Administration and the City Council agreed to significant new police hiring and an overtime cap for the NYPD.9 At that time the cap was set at $ 513 million in fiscal year 2016 and $ 453 million in fiscal year 2017 and beyond.10 However, as one factor in determining the cost of uniformed overtime is the salary of employees, the City has increased the cap to reflect collective bargaining wage increases.
Gov. Andrew Cuomo has also introduced two executive orders that requires state contractors to disclose gender, race, ethnicity and salary of their employees and a second that bars employers from evaluating prospective hires based on their wage history.
Because the minimum wage is scheduled to go up by 70 cents per hour in New York State as of January 1 — with annual rises until it reaches $ 15 by 2022 — the salaries of employees making under $ 10.40 per hour have to be raised.
Most employers are constrained by the need to maintain equity among the salaries of employees with education and experience similar to yours.
«American taxpayers should not pay the salaries of employees who view pornographic material at work.»
But many charter schools in North Carolina contract with for - profit companies that manage them — and the salaries of the employees of those private organizations would not be required to be made public.
The last - minute changes to the legislation come at a time when one prominent Wilmington - based charter school operator, Baker A. Mitchell, Jr., has been fighting media requests for months that have asked him to fully disclose the salaries of all employees associated with his charter schools — teachers as well as employees of his for - profit education management company, Roger Bacon Academy.
Mitchell has promised to disclose all salaries of employees associated with his charter schools next week, noted Cotham — but once this bill becomes law, he won't be obligated to do that.
The change comes at a time when one prominent Wilmington - based charter school operator, Baker A. Mitchell Jr., has been fighting media requests for months that have asked him to fully disclose the salaries of all employees associated with his charter schools — teachers as well as those who work for his for - profit education management organization (EMO), Roger Bacon Academy.
Contrast that with the average cost of hiring and training a new employee, which is generally thought to cost approximately the same amount as 6 — 9 months» salary of the employee you are replacing.
Compare that to LAUSD, where the salary of every employee is searchable online (thanks to local news outlets).
In other words, your book purchase pays for the salaries of the employees at a publishing house and the commissions earned by an agent.
Salaries In 2010 salaries of all employees will be frozen.
That's because this monthly $ 10k goes into much more than just paying the salary of the employee.
By the end of July, the insolvency allowance had been paid, which secured the salaries of the employees of the photovoltaic plant manufacturer.
TDS implies that the tax is deducted from the salary of the employee first even before he receives it.
Professional tax is the tax levied on employment which gets deducted from the salary of the employee every month.
Form 16 shows a detailed record of income tax deducted by the employer from the salary of the employees.
This is because there is no delay in the premium payment as it is automatically deducted from the salary of the employee.
NET Salary or Take Home Salary - The salary of the employee which is actually given by the employer after taxation and other such deductions are carried out over it is known as the Net Salary or Take Home Salary.
The employer has to contribute 0.51 % of the salary of every employee towards the coverage under the plan.
Depending on the job profile and skill levels, the salary of the employees differs from individual to individual.
The employer needs to contribute 0.5 % of the basic salary of each employee's wage towards the Employees» Deposit Linked Insurance Scheme (EDLI).
The amount of the policy is either based on the grade / salary of the employee or is similar for everyone.
In a Group insurance policy, the policy holder is usually the employer who contributes premium which is a certain percentage of the salary of the employees in the Employers organization.
The job responsibilities of compensation specialist includes reviewing the salary of the employees depending upon their performance, developing plans and strategies for achieving the goals, advising the manager with new ideas in achieving the organizational objective, keeping an eye on the overall activities, reviewing and implementing the updated policies, providing the compensation incentives and guidelines to the employees for further salary adjustment.
And the role of a payroll accountant is to calculate the salaries of the employees in offices and crediting the respective amount in their account.
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