What does LFA in salary means?

Answer 1

LFA stands for Leave Fare Assistance and is given as a vacation bonus to employees.

This is the assistance good companies provide to employees to travel away from their place of work for recreation and annual leave, a kind of subsidy if you want to call it that. The objective is to encourage high stress employees to rejuvenate their mind and body cells. [http://docs.google.com/viewer?a=v&q=cache:j7Xuo2HcdLYJ:pakistanthinktank.org/v2/categoryblog/51-leave-fare-assistance%3Fformat%3Dpdf+Leave+Fare+Assistance&hl=en&gl=us&pid=bl&srcid=ADGEESjld_5u8Sin6L0x12lWCXMkIE2iPTHK6I6nOW8fvSUjIGy3PtMpvSLGy-BIaq5bSv_LALKicP7uBpd5qfNEUeF_VSnB1BxNA-vC3DBwTgLi3RhS1Py7m4h1UNZJUNs_T90tdJUI&sig=AHIEtbQUKx4OYMStxtP0IcSMmywpgpVIyg]

This is normally a taxable amount.

Answer 2

LFA in salary typically stands for "Last and Final Offer." In negotiations, it refers to the final proposal put forth by one party, signaling that it is the best offer they are willing to make. This term is commonly used in labor disputes or contract negotiations to indicate that further bargaining is unlikely to result in a better offer.

Answer 3

LFA in salary stands for "Last and Final Offer." It's basically the company's way of saying, "This is it, take it or leave it." So, if you see LFA in your salary negotiations, you better make sure you're happy with what's on the table because there's no more back-and-forth after that.

Answer 4

Oh, dude, LFA in salary means "Last and Final Offer." It's like when you're negotiating your salary, and the company is basically saying, "This is it, take it or leave it." So, if they hit you with that LFA, you better decide if you're gonna be rolling in dough or looking for a new gig.