The Weatherhead School of Management, part of Case Western Reserve University, provides a succinct definition of break-even analysis on its Web site of the same name: “On the surface, break-even ...

Let’s calculate gratuity for an employee with a basic salary of Rs 33,000, 8 years, and 5 months of service (rounded to 8 years). Gratuity = (33,000 × 8 × 15) ÷ 26 Gratuity = Rs 1,52,307 What will be ...

Excel is a spreadsheet with a lot of power. The software can be used to track inventory, track and calculate payroll and a myriad of other calculations. An Excel formula is generally composed of ...

Employees contributing towards their retirement often wonder what kind of pension they may expect from the Employee Pension Scheme (EPS). Understanding how EPS works and how the pension is calculated ...

India's new labour codes require 50% of CTC to be factored into social security calculations, affecting EPF and gratuity ...

Imagine investing in a promising project, only to realize years later that it’s taking far longer than expected to recoup your initial outlay. Wouldn’t it have been invaluable to know upfront how long ...