The Union ministry of labour has released draft rules for minimum wages, gratuity, and social security under new labour codes ...

Amidst discussions about the implementation of the new labor code, the biggest question is how it will affect your finances and retirement fund. For salaried employees, gratuity is a crucial savings ...

Several employer associations in touch with Labour Ministry, positives of new laws to offset higher expenses in medium term.

PM Modi’s wish for Khaleda Zia’s recovery earns BNP praise, marking a rare diplomatic shift in Dhaka Dhurandhar box office collection: Ranveer Singh's spy thriller breaks Ram Leela's lifetime record ...

Gratuity is one of the most important components of an employee’s end-of-service benefits, rewarding long-term commitment and loyalty to an organisation. It ...

If allowances and benefits (excluding gratuity and retrenchment compensation) exceed 50 percent of an employee’s total ...

New labour codes are set to redefine wage calculations, impacting salary structures, PF contributions, and gratuity payouts. The broader definition of 'wages' means more components will be included, ...

Recognizing the hard work of every government worker in the country, President Ferdinand R. Marcos Jr. has approved the release of a one-time gratuity pay for Contract of Service (COS) and Job Order ...

Dear Abby: My son is hosting a reception for 30 guests at his home for his daughter’s (my granddaughter’s) wedding. It will be a professionally catered sit-down dinner complete with a professional ...

MANILA, Philippines — President Ferdinand Marcos Jr. signed administrative orders, granting service recognition incentive (SRI) and gratuity pay to contract of service (COS) and job order (JO) workers ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Disclaimer: Calculator results and default inputs are ...