What is Attendance Regularization in Payroll Systems?
It’s quite normal for employees to sometimes forget to punch in or out due to some technical glitch in their attendance device or...
Top Attendance Management Software in India (2025)
In a country like India, with a diverse workforce across multiple industries, manually keeping track of attendance is very time-consuming...
What Is Allowances? Meaning, Types, and Benefits
Allowances is a term that helps employees to manage expenses like travelling, cost of living, housing and more. An employee must have come...
Labour Welfare Fund in India – Benefits, Rules & State Laws
The “Labour Welfare Fund” is a small deduction made from workers’ salaries to support them and their families. The LWF,...
What is Salary Certificate? Meaning & Format in Word & Pdf
A salary certificate is a formal document that confirms an individual’s employment and income. Usually, one doesn’t require this, but...
What is Cost to Company (CTC)? Meaning, Calculation, Examples
Cost to Company, or CTC, can be defined as the annual expenditure incurred by a company to pay an employee. This amount combines the salary...
Salary Slip Format in Excel, Word, & PDF – Payslip Download
The salary slip, also known as a payslip, serves as an official document outlining an employee’s earnings and deductions. Each month,...
What is a Severance Pay? Meaning, Purpose and Benefits
The term “severance pay” carries significant weight. But what exactly does it entail? Whether you’re an employee facing...
Variable Pay – Meaning, Types, Advantages and Disadvantages
Employers may offer variable pay to incentivise and recognise their employee’s job performance. It’s an extra payment that may be given...
What is Dearness Allowance (DA)? – Meaning, Types, and Calculation
Dearness Allowance (DA) serves as a crucial cost-of-living adjustment provided by the government to public sector employees and pensioners....
