Ad hoc pay is a non-regular payment given to an employee outside of their normal paycheck. Unlike your regular salary, it’s a one-time bonus triggered by specific reasons like a stellar project completion or covering unexpected work expenses. These payments are typically handled quickly to add...
An individual pays different income tax rates for wages and for theirFederal Insurance Contributions Act (FICA)contribution, which goes to Social Security, Medicare, Medicaid, and unemployment insurance. In addition to the range of tax rates applicable to various levels of income, the different tax ...
5 Best International Payroll Providers in 2025 International payroll providers are specialized services that handle payroll processing, tax Read thisBlog Types of Cryptocurrency for Strategic Compensation Cryptocurrency is a rapidly growing digital alternative (and supplement) to traditional currencies ...
—only to feel confused when your first paycheck didn’t match the numbers? Welcome to the world of CTC (Cost to Company). Let’s break it all down—what CTC really means, how it’s calculated, and how it impacts your take-home salary. What is CTC? CTC stands for Cost to Company....