Salary Sacrifice
In today’s competitive job market, offering the right benefits can be just as important as salary itself. Salary sacrifice gives HR managers a powerful way to boost employee satisfaction while reducing costs. All within a compliant, tax-efficient framework. This guide breaks down everything you need to know about salary sacrifice: how it works, which benefits […]
Statutory Deductions
Managing payroll isn’t just about calculating salaries and hitting send. There’s a complex web of mandatory deductions that employers must navigate to stay compliant and keep their workforce properly covered. Statutory deductions are the non-negotiable components of payroll that every HR professional needs to master. What Are Statutory Deductions? Statutory deductions are mandatory contributions that […]
Shift Allowance
Shift workers are often on duty during late night hours. Many organizations offer shift allowances as extra pay to compensate employees for working these less desirable, “unsociable” shifts. Shift allowance is additional pay given to employees who work outside normal business hours, typically the standard 9 to 5 daytime schedule. In simple terms, it’s a way of […]