The Union ministry of labour has released draft rules for minimum wages, gratuity, and social security under new labour codes ...
The Ministry of Labour has pre-published draft rules under new labour codes on Wednesday. These draft rules are open for public cons.
At the core of the changes is a redefinition of wages. Under the new Labour Codes, at least 50% of an employee’s total ...
Gratuity is a one-time payment made by your employer as a gesture of appreciation for your long-term service. As per the Payment of Gratuity Act, 1972, you are eligible if you have completed at least ...
Companies must recognise higher gratuity and leave liabilities under new labour codes as expenses in interim financial ...
What is service requirement to be eligible for gratuity? Employees are eligible for gratuity after completing 5 years of continuous service with the same employer, as per the Payment of Gratuity Act, ...
Let's calculate the gratuity amount for employees with last-drawn basic salaries of Rs 33,000, Rs 56,000, and Rs 71,000, who have completed 8 years and 5 months of service, which will be considered as ...
The Department of Pension and Pensioners’ Welfare (DoPPW) has cited Rule 4A of the Central Civil Services (Payment of ...
A common misconception, is that gratuity in salary paychecks is only available to tipped employees. The truth is, many types of businesses in several fields of industry provide gratuity programs to ...
A pair of Massachusetts State House bills are once again taking aim at how restaurant workers are paid, adding a proposal for minimum gratuity into the mix. This comes after Question 5, which called ...
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