salary

Refuse Salary Proof

  Why you should refuse to provide proof of your previous salary. By Sanjana Ray One of the most nerve-wracking moments in an interview with a prospective employer is the awkward pause after all the general questions are wrapped up and the cross-referencing questions begin. Some of the common ones include, “Why would you want to join this company over others like…?”, “Why did you leave your last job?” and the most dreaded, “Could you provide us with proof to your previous salary?” In all of these questions, the use of smart diplomacy in your responses is of course recommended. But amidst the flow of these ‘pretty standard’ questions, it is imperative to understand when a question goes from being general to overly personal. For instance, a prospective employer asking an interviewee to ...

Employees at the Renault Nissan will get highest pay increase the auto industry

CHENNAI: Employees at the Renault Nissan alliance plant in Oragaddam will get highest pay increase the auto industry has ever seen after the employees union signed a 3 year agreement with the management. According to the agreement, all 3,750 employees will get a flat increase of Rs 19,100 per month at the end of the third year. The employees are currently earning an average of Rs 33,000 per month, thus bagging a 57% hike. The agreement, effective from 1 April 2016 entails a host of benefits for the employees of the Renault-Nissan alliance. Besides the rise, the employees will be covered under group term insurance worth 2 times of cost-to-company or Rs 15 lakh, whichever is higher. They will also be eligible for medical insurance upto Rs 2 lakh, parents and dependants included. Car market l...

Cost To Company

Cost to Company ( CTC ) क्या है? बार बार ये सवाल HR Professionals को परेशान करता रहता है। तनख़ाह के अलावा अगर कम्पनी घर देती है या अन्य सुविधा देती है तो क्या वो CTC में गिने जायेंगे? चलो इसे एक आसान तरीके से समझने की कोशिश की जाय। एक शहर मे एक व्यक्ति पोल्ट्री फार्म चलता था। काफी सारी मुर्गी उस पोल्ट्री फार्म मे होती थी । ये व्यवसाय अच्छा चल रहाथा। एक दिन , एक सरकारी अफसर इस पोल्ट्री फार्म पर आता है और मालिक से पूछा ” मुर्गी को क्या खिलते हो?” मालिक ने बताया कि “साहब , हम मुर्गियो को मिनरल पानी पिलाते हैं और अच्छे से अच्छि क्वालिटी के दाने खिलते हैं।” इस पर सरकारी अफसर ने बताया कि वो इंकंटेक्स विभाग से हैं, और इस व्यवसाय मे इतना मुनाफा ही नहीं है कि आप मुर्गीओ को ये सब खिला पिला सको। बेचारे मालिक के खिलाफ चालान बन गया। दुखी मालिक ने फिर अपना व्यवसाय आरम्भ किया, अच्छ...

Difference Between Salary and Wages

August 21, 2015 By Surbhi The term salary and wages is often confused by people and is used interchangeably. But the truth is that both these terms differ from each other and hold different meanings. Salary is a fixed amount paid to the employees at regular intervals for their performance and productivity whereas wages are the hourly- based payment given to the labor for the amount of work finished in a day. To further enhance the understanding below is the primary difference between salary and wages. Definition of Wages Wage is termed as a compensation that is given on the basis of the amount of work done and the hours spent in doing that. Wages are variable and do vary with day to day functioning of an individual. Wages are given to labors who are engaged in manufacturing processes and g...

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