Federal workers receive a monthly income in retirement based on specific formulas. While these formulas vary depending on certain factors, income and service years are key components of their benefits ...

Gratuity Calculation Formula: 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, ...

Employers hand out gratuity to employees as a token of appreciation for their long-term service. Gratuity is given as a financial benefit to those workers who serve an organisation for at least five ...