Peopleqlik #1 Payroll Software In Pakistan is providing their users with the great features. You can make your life easier with our HR Payroll Software In Pakistan. AS we provide our users with the great features. Thus this you can make your life easier with our HR Payroll Software In Pakistan. That’s our attributes of HR Payroll Software In Pakistan which differentiates us from our competitors. The following are some of the attributes:
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Salaries and wages
A salary is a fixed amount that you can pay an employee. Typically, an employee is given a yearly salary, which is then divided by the number of pay periods in the year. For example, you give an employee a yearly salary of 1200000 R.s. You pay the employee every week, which means the weekly paycheck will be 23,076 R.s before deductions (1200000 R.s/ 52 weeks).A wage is what you pay an employee based on the hours worked. You will set a specific rate of pay for each hourly employee. To calculate an employee’s total wages, you will multiply the rate of pay by the number of hours the employee works. For example, you pay an employee 1000 R.s per hour. The employee worked 34 hours this week. You will owe the employee 34000 R.s before deductions (1000 R.s x 34 hours). With our Performance Management Software in Pakistan.
All nonexempt employees should receive overtime pay. This includes both non exempt hourly and salary workers. Overtime hours typically begin after an employee works 40 hours in a week. Overtime pay is one-and-a-half times the normal rate of pay. Check your state overtime requirements, and learn how to calculate overtime where your business resides. Some states have different overtime requirements, such as double-time pay.
Fringe benefits are a type of compensation. Benefits can include education assistance, health insurance, retirement plans, and employee discounts. Any benefits you offer should be included in payroll. Some benefits are taxable. Hr Payroll Software In Pakistan,