W3vina.COM Free Wordpress Themes Joomla Templates Best Wordpress Themes Premium Wordpress Themes Top Best Wordpress Themes 2012

You are viewing an old revision of this post, from December 4, 2021 @ 09:02:04 [Autosave]. See below for differences between this version and the current revision.

Periodic – Overall

The overall periodic concept applies to the complete Organization unit, which location or whatever process unit the Organization has. So specific to that, the overall periodic payment either adding or deducting can be processed.  The Periodic calculation is on a Labour welfare fund with a fixed amount of 200, say for the current month to be deducted from the employees. This deduction is periodically levied commonly on all the employees.  The LWF is an example, likewise, there will be Bonus, Expense on a common concept for the deduction, Perks, and common amenities for the month alone.  
  1. Pay Period: The pay period which is needed to be used for providing Bonus, LWF etc is selected in this field.
  2. LWF: The amount allotted for the Labour Welfare Fund is needed to be entered here.
  3. Click the Save button.

Contents

Revisions

Revision Differences

There are no differences between the December 4, 2021 @ 09:02:04 [Autosave] revision and the current revision. (Maybe only post meta information was changed.)

Translate »