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McGregor earns a Minimum’s Wage Annual Salary in half a Second

October 17, 2018 in HR, Payroll, Time & Attendance
Minimum Wage

50 million dollars in one match for UFC star McGregor Nearly 2 weeks ago, the Martial Arts community tuned in to watch the UFC’s most hyped match of the history. The UFC championship bout. Between the undefeated current champion Khabib Nurmagomedov and former lightweight champion Connor McGregor was perhaps UFC’s greatest fight. The much anticipated fight of the year set the record for the largest pay-per-view event in MMA history, having generated approximately 2.5 million buys in the US itself. Therefore giving the biggest UFC paycheck of $50 million dollars for the UFC star in his career. But it was…

Minimum wage 2018 in the Netherlands

June 14, 2018 in HR, Payroll, Time & Attendance
Netherlands

A minimum wage is the lowest amount that can be legally paid to an employee by an employer either per hour, day, or month in a particular state/province or country. This definition does not apply to the maximum limit that can be paid to an employee, and it sets the ground rules for payment being that an employer cannot pay less than the legal minimum wage required. Minimum wage 2018 in the Netherlands Wages in the Netherlands increased from 1 January 2018, with workers aged 22 or over entitled to a minimum of €1,578 per month. This represents a €13…

Minimum wage 2018 in Portugal

June 14, 2018 in HR, Payroll
minimum wage 2018 in Portugal

A minimum wage is the lowest amount that can be legally paid to an employee by an employer either per hour, day, or month in a particular state/province or country. This definition does not apply to the maximum limit that can be paid to an employee, it sets the ground rules for payment being that an employer cannot pay less than the legal minimum wage required. Or in another context, it could be said to be the lowest amount that is collectively negotiated by trade unions and/or social partners to be paid to employees in different job sectors usually recognized…

Minimum Wage Rate Of India 2018

May 29, 2018 in Payroll, Time & Attendance
minimum-wage-rate-india

The Minimum Wage Act is an Act of Parliament concerning Indian 1st law that sets the minimum wage that must be paid to skilled and unskilled labors. However, to keep in mind an industry’s capacity to pay the constitution has defined a ‘fair wage.’ , Minimum wage is a payment, or among which is given to the employees/workers for the work(job) they have done. It is given according to the working condition/experience and type of work. The minimum wage is generally calculated on the basis of the number of ho. It can either be paid on a daily basis after the completion of work or…

4 Things to Know If You Plan On Changing Time Cards Systems In 2018

May 24, 2018 in Payroll, Time & Attendance
Transformation of Human Resource Practices

A champion among the essential business decisions you’ll make this year is the way you will deal with your finance. In case you’re running investment without anyone else, you’re most likely agonizingly acquainted with paper time cards, Excel spreadsheets, and extended periods of time spent before your PC, doing the math and rectifying mistakes. The company should make the payroll for the employees, payroll process automation is also used for this purpose, and payroll calculator calculates the employee’s payroll. While driving the finance transport solo offers more control, there are a few difficulties you’ll look in 2018 if you choose to precede…

Minimum Wage 2018 in Indonesia

May 23, 2018 in Payroll, Time & Attendance
maps_indonesia

Introduction The employment policies belonging to unorganized workers and wages paid to them has been a subject of considerable discussion among union leaders and labor experts. While minimum wages legislation has to be in large extent for being effective in providing protection to employees in the organized sector, with periodic implements according to need for that country. Indonesia has legislation for minimum wage (MW) as regulated under Labour Law Act No. 13 Year 2003 article No. 88,89 and 90. However, there is new Government Regulation No. 8 of 1981 regarding protection of wages. Indonesia is on 7th ranking for having…

Minimum wage in Australia 2018 and Reward

April 3, 2018 in HR, Payroll

Minimum wage in Australia 2018 Are you in need of taking care of payroll as an administrator in Australia? Then you need to know that Australia follows the government-mandated minimum wage. Meaning, all employers in Australia should pay more than the mandatory minimum salary of pay. So what is Minimum wage?  It is the lowest amount of money employees have to be paid when they work. It is a national-wide minimum salary regulation. To mention other country shortly, in the United States, only 19 states follow the federal minimum wage and the other states have different minimum wages. (Click to see…