The 16-month period is mostly attributed to the fact that appraisals rarely happen exactly on a yearly basis. This increment may vary based on industry and experience level. The salary increase with experience is mostly due to companies incentivizing experienced employees to retain their services....
In Japan, companies often give out bonuses twice yearly, called the 13th and 14th month pay. These bonuses usually come around in the summer and winter. Unfortunately, they aren’t always guaranteed or even fixed amounts. Instead, they depend on how well the company is doing financially, how...
The basic idea is simple, namely companies that produce carbon dioxide (CO2) emissions must buy and show emission allowances enough to cover their yearly emissions, or heavy fines are sentenced. Holding one emissions allowance gives a permit to produce one ton of CO2 emissions. The allowances ...