Blogs

06
Dec
2024

Factors Influencing End of Service Benefits

End of service benefit form a crucial aspect of employee compensation. These benefits ensure financial security for employees…

06
Dec
2024

Types of Employment Contracts and Their Impact on End of Service Benefits in KSA

Employment contracts define the relationship between employers and employees. In Saudi Arabia…

06
Dec
2024

The Importance of Gratuity Valuation in Financial Planning for Employees

Gratuity valuation is a critical aspect of financial planning for businesses that care about their employees’ futures. For businesses, gratuity…

06
Dec
2024

What is Gratuity? A Complete Guide to the Indian Gratuity Act

Gratuity is an important employee benefit offered under Indian labor laws. It is governed by the Payment of Gratuity Act, 1972…

06
Dec
2024

How Actuarial Valuation Impacts Benefits for Indian Employees

Actuarial valuation holds great importance for Indian employees and employers. It ensures transparency and fairness in benefit…

06
Dec
2024

How Actuarial Valuation Helps in Managing Earned Leave Liabilities

Actuarial valuation is a crucial tool for organizations managing their earned leave liabilities. Employers often face challenges estimating…

End-of-Service Benefit
18
Nov
2024

Actuarial Valuation of End-of-Service Benefit: An In-Depth Guide for Businesses

Actuarial valuation of end-of-service benefits is essential for businesses managing employee obligations…

AS 15 R
18
Nov
2024

Difference Between AS 15 R and IND AS 19 in Leave Encashment Actuarial Valuation

Actuarial valuation of leave encashment is essential for businesses to accurately assess and record…

Old Pension Scheme
18
Nov
2024

Opportunities for Actuarial Consultants with the Introduction of Old Pension Scheme (OPS)

Actuarial valuation of end-of-service benefits is essential for businesses managing employee obligations…

18
Nov
2024

Comparison of National Pension Scheme (NPS) and Old Pension Scheme (OPS)

Pension schemes play a vital role in securing financial stability after retirement. Both the National Pension…