The first step in calculating annual leave pay is determining the daily rate of pay. To find this, take the employee’s ...

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 ...

As the new year begins, federal employees may be wondering how much extra money they’ll see in their paychecks. President Biden made official a 4.6% average pay raise for civilian federal employees.

How is gratuity amount calculated? The number of years and the last-drawn basic salary of an employee are used to calculate the gratuity amount. If a company falls under the Payment of Gratuity Act of ...