WebNov 29, 2024 · Here is the answer: The consolidated payment of salary is = 10,000+ 2,000+1,000+ cost of food for one employee per year+ cost of insurance for the employee+ transportation cost per year = 30,000. However, currently, Odisha govt rules on appointment of retired persons with consolidated salary contractually. So, that’s why, payment of …

Definitions for Compensation, Benefits, Perks, Stipends, LSAs

WebJun 14, 2024 · What does competitive salary mean? It’s offering employees competitive rates of pay. It means paying your staff members’ salaries that are either at or above the current market rate for employees in similar roles at other organisations. For example, your organisation hires HR consultants and offers them £35,000 a year although the market ... WebTo say the salary is negotiable is making a commitment for discussion. Probably based on your experience and what you can offer. That experience, they will find out when they … bsb of commonwealth bank of australia

99 Synonyms & Antonyms of COMPREHENSIVE - Merriam Webster

WebGross salary is the amount of money paid to an employee before taxes and deductions are discounted. It is the gross monthly or annual sum earned by the employee. Gross salary is determined by the employer when the job is offered. This gross salary might come from different sources such as wage, commissions, tips, bonuses and any other economic ... WebAccounting. Comprehensive income is defined by the Financial Accounting Standards Board, or FASB, as “the change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources.It includes all changes in equity during a period except those resulting from investments by … WebMay 18, 2024 · Compensation Definition. Compensation is the total cash and non-cash payments that you give to an employee in exchange for the work they do for your … excel sections in sheet