Job Candidate Tracker easily stores data of job applicants and further helps to track and scrutinize applicants efficiently. Usually, HR requires workforce management during the recruitment process. They need to micromanage everything from receiving applications until the hiring of employees.
What is HRA?
HRA Stands for House Rent Allowance. House Rent Allowance is an amount allocated by an employer to the employee as a portion of their salaries.
What is CTC?
CTC or Cost to Company means all the costs associated to employ an individual. CTC = Direct benefits + Indirect benefits + Saving Contributions
Download Employee Provident Fund Calculator Excel Template
Employee Provident Fund Calculator is an important document for HR Professionals. They require calculating the retirement benefits for employees retiring in their organization. These calculations are based on EPF and MP (Employee Provident Fund and Miscellaneous Provisions) Act 1952 in India. For more details, you can visit the website EPFindia.com.
What is Net Pay?
The net pay or the take-home pay is the amount of salary/wages of an employee that remains after all deductions(taxes, health insurance, benefits, etc.) have been subtracted.