For those who do not have much idea about finances, the term “financial planning” can seem to be too technical and overwhelming…
Don’t you think that if you can keep your workforce motivated, you have achieved enough in your organization? But have you ever wondered…
End of service benefits are crucial for organizations to ensure their employees feel valued. They also show that a company cares…
Understanding financial liabilities is crucial for business leaders. Two key concepts are accrued liability and actuarial liability…
Working long enough with a company will expose you to quite a few financial terms. One such common word is “gratuity”…
For an employee, the cornerstone of their savings is none other than the pension funds. But in this context, one aspect which plays a critical…
You must have noticed that when you join a company, there is a leave policy that you get to know about…
Businesses of all types and sizes need to know the rules for actuarial valuation of gratuity. This is especially necessary for the most common…
Sick leave is a cornerstone of employee well-being. It grants employees time to recover from illness or injury without financial worry…
Actuarial valuation relies on financial assumptions, which are crucial for accurate financial planning. These assumptions include variables…