Monthly Salary Calculations: For central and state government employees, salaries are given on the basis of the pay scale and pay grade. But still, it is very often that employees with the same pay ...

Hiring an independent contractor bears some similarities to the hiring process of an employee, but when it comes to compensation, determining the contractor's salary bears little semblance. Unlike an ...

Let’s calculate gratuity for an employee with a basic salary of Rs 33,000, 8 years, and 5 months of service (rounded to 8 years). Gratuity = (33,000 × 8 × 15) ÷ 26 Gratuity = Rs 1,52,307 What will be ...