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Some establishments having less than 20 employees would also be required to obtain PF registration but that is voluntary registration. All the employees will be eligible for a PF from the commencement of their employment and the responsibility of deduction & payment of PF lies with the employer.

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What factors should be considered when deciding between options and equity as forms of compensation for employees?

When deciding between options and equity as forms of compensation for employees, factors to consider include the company's financial situation, the employees' preferences, the potential for growth in the company's stock value, and the impact on employee motivation and retention.


Is the limited company called as public limited company?

Limited company can be public or private. There is no necessary a limited company should be a public company. Public companies are those company which are registered with company act 2013 under section 2(71). However a public company must be have a limited liability.


What type of insurance coverage should a roofing company have to protect their business and employees, specifically roofing company insurance?

A roofing company should have general liability insurance, workers' compensation insurance, and commercial auto insurance to protect their business and employees. These types of insurance coverage can help cover costs related to property damage, injuries, and accidents that may occur during roofing work.


Is tuition reimbursement worth it for employees?

Tuition reimbursement can be worth it for employees if it helps them advance their careers and increase their earning potential. It can also improve job satisfaction and loyalty to the company. However, employees should carefully consider the terms and conditions of the reimbursement program before committing to it.


Where are the retirement benefits for employees who were vested of the Mutual Benefit LIfe Insurance Company?

The retirement benefits for employees who were vested in the Mutual Benefit Life Insurance Company are typically managed through the company's pension plan or retirement savings plan. Following the company's liquidation in the 1990s, the benefits were transferred to the New Jersey Department of Banking and Insurance, which oversees the claims process for former employees. Affected individuals should contact the relevant state agency or a pension benefit guaranty corporation for specific information regarding their benefits.

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How many IT employees should a company have if there are 130 local employees and 20 remote employees?

The ideal number of IT employees in a company typically depends on various factors, such as the industry, the complexity of IT systems, and the company's specific needs. A common guideline is to have one IT staff member for every 50 to 100 employees. Based on the total of 150 employees (130 local and 20 remote), a company might consider having 1 to 3 IT employees to adequately support their needs. However, this can vary, and a thorough assessment of the company's IT requirements should be conducted.


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How many company christmas cards should I purchase for the company christmas party?

How many company Christmas cards you should purchase for the company Christmas party will depend on how many employees you have in your company.


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The Importance of Having a Company Healthcare Plan?

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