Day: September 21, 2021

Salary deduction means when your employer makes a cut in your salary owing to different reasons. An employer has the authority to cut your salary, but he may only do so under certain conditions and by staying within the bound limits. The cut may be made to provide for the employee’s insurance plans but this must be discussed beforehand and mentioned in the contract. A certain amount of tax will also be deducted from the salary. Moreover, some companies provide facilities like provident funds or pension schemes and for that…

Besides salary, some companies offer non-monetary benefits to the employees as well. These include paid leaves for religious holidays, maternity, or any unforeseen emergency leaves. These benefits are usually mentioned in the employee contract and informed to the employees verbally too. Most employees expect to get benefits from the company and if the company does not offer any, the employee may write a letter to HR and request some employee benefits. The employee benefits, especially hospital bills can amount to thousands of dollars which is why these are considered part…