TrinityJul 3, 20191 minDifference between Perquisite and Benefit-In-Kind (BIK)Perquisites are benefits in cash or in kind which can be converted into money received by an employee from his employer or from third...
TrinityJul 3, 20192 minOvertime Calculation with Different RatesAs you may be aware, overtime has a different rates for rest days and public holidays. With that said, there are 3 separate rates: Normal...
TrinityJul 3, 20191 minHow to Prorate Salary?Depending on the company policy, there are 3 common methods: 1. Fixed number of days, ie. 26 days [must, for employees earning less than...
