18
Nov
2024
Consideration of Key Assumptions in Actuarial Valuation of Gratuity, End of Service Benefit, and Leave Encashment
Actuarial valuations play a crucial role in managing employee benefits like gratuity, end of service benefit…
18
Nov
2024
New UAE Labor Law About End of Service Benefit
The new UAE Labor Law brings significant changes to the end of service benefits for employees…
17
Oct
2024
Different Types of EOSB Benefits in Saudi Arabia
Understanding employee benefits is crucial for both employers and employees. In Saudi Arabia, the End of Service Benefit (EOSB)…
17
Oct
2024
Change in Gratuity Ceiling for Central Government Employees
Gratuity is an important financial benefit for employees, especially those working in government sectors. The recent announcement…
17
Oct
2024
How Does Gratuity Insurance Work in India?
Gratuity is a lump-sum payment given by employers to employees as a token of appreciation for their service. In India, it’s a statutory benefit…
17
Oct
2024
Is Leave Encashment Liability Taxable?
Leave encashment is an important financial consideration for employees and employers. It allows employees to receive compensation…
17
Oct
2024
Is Leave Valuation required for all schemes?
Employee leave is an essential aspect of any organization’s human resource policies. Understanding the financial implications of accumulated…
17
Oct
2024
Responsibility of Employer and Employees in the context of EOSB
End of Service Benefits (EOSB) are vital components of employment contracts in many regions. They represent the financial…
19
Sep
2024
Understanding End of Service Benefits: Limited vs. Unlimited Contracts
Understanding the difference between limited and unlimited contracts is important for employment contracts. It is even more important when…
19
Sep
2024
Different Termination Scenarios Which Affect Entitlement of End of Service Benefits
End of service benefits (EOSB) are a crucial part of employee compensation, especially in regions like the Middle East…
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