Latest News for: Salaried employment


UK government’s tough migration rules to impact economic growth

Financial Express 08 Dec 2023
Raising the minimum salary threshold for foreign workers by almost 50% to £38,700 ($48,652), with a few exemptions including health and care workers ... Ensuring overseas care workers are employed by a regulated provider. Scrapping the 20% salary discount for foreign workers in industries facing staff shortages.

Landmark Court Ruling in China Upholds Transgender Employment Rights

Beijing Times 08 Dec 2023
... step for equal employment rights in China ... Dangdang was ordered to continue honoring her original employment contract and to compensate her for the salary due from the date she applied for sick leave to the date of arbitration, totaling 128,028 yuan (approximately US$18,000).

Income tax on pension: How various pension schemes, annuities are taxed

Live Mint 07 Dec 2023
As per the income tax laws, any money or benefit received in connection with your employment present and past is taxed under the head salaries. This would include salaries received from present and past employers ... per your terms of employment will be taxed under the head Salaries.

How do I Know if I Am Eligible For a Two Wheeler Loan?

The Signal 07 Dec 2023
These loans are tailored to working professionals and self-employed individuals, enabling them to repay the loan amount in easy monthly instalments (EMIs) ... Here is a breakdown for both salaried and self-employed individuals. ... For Salaried Individuals.. Minimum gross salary of Rs ... Stable current employment. 2.�For Self-employed Individuals.�.

Pocock and Lambie force the government to divide labor relations. This is what is happening

Cedar News 07 Dec 2023
Changes in salary and conditions ... Under current laws, a small business is one that employs fewer than 15 people ... Workplace Relations Minister Tony Burke has repeatedly said it was a criminal offense for an employee to steal money from the till, but not for an employer to withhold money from an employee’s salary.

Ask the law: Dispute over end-of-service dues and leave

Gulf News 07 Dec 2023
Currently, I have submitted my resignation, but the employer refuses to give me my end-of-service dues for the period of one year during which I worked in the company’s branch outside UAE ... According to the employer’s statement, I am not entitled to end-of-service allowance for a period of one year.

Private employers hire 103,000 new workers in November; pay growth decelerates

Paulding Progress 07 Dec 2023
private-sector employers added 103,000 new hires in November versus 106,000 workers in October, according to Nov.’s ADP® National Employment Report, a collaboration with the Stanford Digital Economy Lab. Consider what is occurring in a slice of service sector employment ... Meanwhile, service-providing employers added 117,000 new hires in November.

What You Should Know: Crucial Advisory for “Restaurant Drivers”

Arab Times 07 Dec 2023
These workers often lack awareness of the severe weather conditions in Kuwait, are unfamiliar with local laws, and may not thoroughly read their employment contracts ... Delivery Drivers are provided with a Small-to-Medium Enterprises (SMEs) Visa, which binds the Employee to work for the same Employer for 3 years.

Thousands of jobs in prospect after go-ahead for key Lancashire employment site

The Business Desk 07 Dec 2023
A key mixed-use employment site in Lancashire capable of creating thousands of jobs has been given outline planning approval ...Higher skilled jobs with competitive salaries will boost employment growth and create a quality place to work, live and visit, making a real difference to the lives and wellbeing of people in Lancashire.”.

Dire nursing shortages set to get even worse across US as mass visa delays fuel ...

Auburnpub dot com 07 Dec 2023
RNs willing to meet the growing demand in these states may also benefit from higher salaries.Nursing career earning potential. RNs earn a median salary of $81,220 per year, according to a May 2022 analysis from the Bureau of Labor Statistics (BLS). Some of the highest-paying nursing specialties report even higher salaries.

Secrets of 401(k) Millionaires

Paulding Progress 07 Dec 2023
Matching contributions from an employer can significantly add to savings ... The average American salary in 2022 was about $63,795; thus, 4.8% equals $3,062. Assuming an employer contributes the same amount, the total is $6,124 saved for retirement in a 401(k) plan in one year ... So, if workers contribute 6%, they receive 4.5% from their employer.

Is 401(k) Without Employer Matching Contributions Worth It?

Forbes 07 Dec 2023
A 401(k) allows you to set aside a portion of your salary through automatic payroll deductions. Learn the benefits of participating even without employer match ... .

Here's the average pay raise employees can expect in 2024

CBS News 07 Dec 2023
Stiff employer competition for workers should keep salary increases modestly ahead of inflation next year ... .

Why you could pay more tax in 2024 – and five ways to avoid it

AOL 07 Dec 2023
The good news is that for the average person, the NI cut means they’ll pay less tax on income – but that’s not the case for everyone ... If your employer runs a ‘salary sacrifice’ scheme, you can give up a portion of your salary for pension contributions to the same value – which means you’ll save the National Insurance on this bit of your salary too ... .

No evidence of forced labor at Volkswagen's Xinjiang plant, say auditors

People Daily 07 Dec 2023
BERLIN, Dec ... The plant is operated by Volkswagen and its Chinese joint venture partner SAIC Motor Corporation Ltd.. "We checked the employment contracts and salary payments of all 197 employees over the last three years, conducted 40 interviews and were able to freely inspect the factory ... (Web editor. Zhang Kaiwei, Liang Jun). .