Note: To calculate the amount of severance payment or long service payment, the sum should not exceed 2/3 of HK$22,500 (i.e. HK$15,000). For example, the last-month salary is HK$50,000, then use this formula: HK$22,500 X 2/3, is equal to HK$15,000 X ...
How not to terminate a long-service employeeGupta, P. A. Neena
In many countries students who leave high school have no understanding of how to manage their money. Why is this case? What can be done to improve students' understanding of how to manage personal finance? Give reasons for your answer and include any relevant examples from your own knowledge ...
We'll make it easy for you to figure out if you have to pay estimated taxes and if so, how much.
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“It happens all the time — people leave money in a 401(k) and forget about it,” says J. Michael Scarborough, CEO of Retirement Management Systems. “They take more time on their vacation than they do on retirement planning.”
Learn what employee turnover is, what causes it, how to calculate it, and solutions to retain workers with this complete guide.
Fee-for-service models are often painted as the culprit, she noted. “The key in either compensation model is to direct sufficient financial resources to primary care to cover the costs of optimal team size, skill level, and stability. In my experience, this is a minimum of two clinical as...
Taxable income is the portion of your gross income used to calculate how much tax you owe in a given tax year.
However, if you are attempting to estimate or compare monthly payments based on a given set of factors, such as loan amount and interest rate, then you may need to calculate the monthly payment as well. If you need to calculate the total monthly payment for any reason, the formula is as...