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What is considered a highly compensated employee?

A highly compensated employee is someone who earns a salary that is significantly higher than the average salary within a company or industry.


Is salary considered a direct or indirect cost in business operations?

Salary is considered a direct cost in business operations because it can be directly attributed to the production of goods or services.


What is employee confidentiality?

Employee Confidentiality is sort of like a rule that an employee has some confidential trust, usually with their employer or business associates, about ceratin aspects of the job, private conversation, salary, and so on.


Is salary considered an overhead cost in business operations?

Yes, salary is considered an overhead cost in business operations. It includes the wages and benefits paid to employees who are not directly involved in producing goods or services.


How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?

How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?


How do you fetch second highest salary from table?

select top 1 * from EMPLOYEE where SALARY < (select MAX SALARY FROM EMPLOYEE) ORDER BY SALARY DESC


Is cash shortages enough reason to dismissed an employee?

for me,.it is not must the reason why the employee were dismissed,.the corporation or the business administration might payed the initial salary of each employee,.because here in philippines,.it is very hard to fill those employee who are patient,.try to inform or try to conduct survey which regard to the initial payment of salary....


What is the journal entries for paying employee salary?

Salary expense


Does gross salary include employer's contribution to the PF of the employee in India?

In India, gross salary typically refers to the total earnings of an employee before any deductions, including basic salary, allowances, bonuses, and other benefits. The employer's contribution to the Provident Fund (PF) is not included in the gross salary; it is considered a separate benefit. Consequently, while the employee's own PF contribution is deducted from their gross salary, the employer's contribution is an additional amount provided by the employer.


Salary increment notice?

A salary increment notice is a letter that notifies an employee of a pay increase. The short letter gives the employee notice of the terms of their salary increase.


IS Employee and employer contribution can be duducted from the Employee Salary Please Guide Soonly.?

It depends on your terms of agreement for the job. In most cases, company's pay you by CTC - Cost To Company. In such cases, both employee and employer contributions are considered a part of your salary and the CTC. So, Yes, it is possible and is done in a majority of the private sector cos


At BIT labs, the monthly salary for an employee depends on the number of hours of training that employee has had The company's salary chart is shown below How many salary outputs does the chart have?

1