Medical Allowance is a fixed allowance paid to the employees as a part of their salary to meet his/her regular medical needs.
CEA means Child Education Allowance. Child Education Allowance is the allowance paid by the employer to educate the children of their employees.
CTC or Cost to Company means all the costs associated to employ an individual. CTC = Direct benefits + Indirect benefits + Saving Contributions
What Is Corporate Salary Slip? Salary slip is a business document issued by the employer to the employee every month upon receipt of salary. It is also known as Payslip. Salary Slip is an HR/Payroll document. Payslips are an important part of the Payroll process. Salary slip consists of all earnings (fixed and variable) and deductions […]