Payroll Glossary

What is Attendance Regularization in Payroll Systems?

Payroll Glossary

It’s quite normal for employees to sometimes forget to punch in or out due to some technical glitch in their attendance device or...
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Top Attendance Management Software in India (2025)

Payroll Glossary

In a country like India, with a diverse workforce across multiple industries, manually keeping track of attendance is very time-consuming...
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What Is Allowances? Meaning, Types, and Benefits

Payroll Glossary

Allowances is a term that helps employees to manage expenses like travelling, cost of living, housing and more. An employee must have come...
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Labour Welfare Fund in India – Benefits, Rules & State Laws

Payroll Glossary

The “Labour Welfare Fund” is a small deduction made from workers’ salaries to support them and their families. The LWF,...
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The Ultimate Guide to Payroll Automation – Benefits, Strategies & Tools

Payroll Glossary

Manoj, the HR manager, at a mid-sized company is hustling in making salary list in the last week of the month. And not only this, an HR...
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What is On-Payroll and Off-Payroll? Meaning & Definition

Payroll Glossary

Companies in today’s dynamic and evolving workforce are adapting to new employment models to maximize operations, increase...
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What is Salary Certificate? Meaning & Format in Word & Pdf

Payroll Glossary

A salary certificate is a formal document that confirms an individual’s employment and income. Usually, one doesn’t require this, but...
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What is Cost to Company (CTC)? Meaning, Calculation, Examples

Payroll Glossary

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...
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Salary Slip Format in Excel, Word, & PDF – Payslip Download

Payroll Glossary • 5 Comments

The salary slip, also known as a payslip, serves as an official document outlining an employee’s earnings and deductions. Each month,...
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What is a Severance Pay? Meaning, Purpose and Benefits

Payroll Glossary

The term “severance pay” carries significant weight. But what exactly does it entail? Whether you’re an employee facing...
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