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ECR file format

ECR file format ECR file format ECR file format is available on the internet. EPFO has launched Electronic Challan cum Return (ECR) which suggests that Employers are required to register their organizations and create their username and password through this portal. The registered organizations can upload the Electronic return and the uploaded return information will be displayed through a digitally signed copy in PDF format. It will be avai...

Calculation of EPF pension

Calculation of EPF pension EPF pension calculator EPF pension calculator is used to calculate pension for the employee who has contributed for minimum 10 Years in EPF is entitled with a pension after attaining the age of 58 Yrs. PF Pension is the only source of regular income for many retired employees. Every private segment employee has a Provident fund pension account. It is very important for every employee to understand all about the EPF pension sc...

Bonus formula

Bonus formula Bonus formula Bonus formula depends on Salary+DA, an employee have Paid Basic and Payable Basic every month. Paid Basic can be altered subject to attendance of an employee every month. As per the payment of Bonus Act, 1965 minimum bonus is 8.33% of basic pay earned during the accounting year and the maximum is 20%. As per this act per month, bonus-able wage or salary is Rs. 3500/-. The Payment of Bonus Act applies to every or...

Bonus calculation

Bonus calculation Bonus calculation Bonus calculation depends upon the percentage on which employer wants to give a bonus to its employees. Bonus calculation in India is, the minimum bonus is 8.33% of basic pay earned during the accounting year and the maximum is 20% according to the payment of Bonus Act,1965. The bonus is an incentive that is paid to an employee for his good work towards the company. The main objective to give bonus is to sha...

Basic salary calculation

Basic salary calculation Basic salary calculation Basic salary calculation is completely based on HR policy in India. Basic salary is the core income of an employee. Basic salary is the amount paid to employees before any increases due to overtime or bonus, allowances like internet usage for those who work from home or communication allowance or reductions. Basic salary is an unchanging amount paid to employees by their employers in return for the wo...

Attrition calculation

Attrition calculation Attrition formula Attrition formula is a calculation of the number of items or individuals that move or vacate out of a larger, collective group over a particular time frame. Attrition rate is also generally referred to as churn rate. A word often used by human resources professionals to determine an organization’s ability to retain employees, attrition rate formula is more and more used in the marketing world to get a ...

Attendance sheet in excel with formula download

Attendance sheet in excel with formula download Employee attendance sheet in excel free download Employee attendance sheet in excel free download is available on the internet. Employee Attendance Sheet is a sheet that maintains the information of the nonattendance, attendance, sick leave etc of employees for salary or payroll purpose. It includes the information of payroll heads used to compute the salary such as absent, holidays, present, late comings, on job training and...

Appointment letter doc

Appointment letter doc Job appointment letter format free download Job appointment letter format free download is available on the internet. An appointment letter is used by organizations to provide information about the job or position that they would like to offer to an individual. It includes the information about the job roles that the applicant will be asked to do should he or she accept the offer and other terms that are related to the partic...

Absconding mail format

Absconding mail format Job termination letter Job termination letter legalizes the information regarding the dismissal and summarizes the information that the previous member of staff will need to know. Under standard circumstances, the supervisor or manager and a spokesperson from the Human Resources department will hold a termination meeting with the particular employee. The termination letter reviews what was said at the meeting. The termination...

Welcome mail for new joinee

Welcome mail for new joinee Welcome mail for a new employee: Welcome mail for a new employee is a soft copy of a document sent to the new recruit to officially welcome him/her to the company. Welcome emails are sent by the employer in order to give a warm welcome to the new employee on his/her first day. There are two types of welcome emails, one is to the existing employees informing them about a new recruit and giving them a chance to welcome their ne...

Request for resignation acceptance letter

Request for resignation acceptance letter Resignation acceptance mail: Resignation acceptance mail is a soft copy of a letter addressed to the employee from the employer that stats the company’s acceptance towards his/ her resignation. An employee may resign the job due to various reasons but the employer should deal with the resignation process in a positive manner. Resignation acceptance mail is an acknowledgment stating the company has approved their resigna...

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