• board fees or remuneration schedule/plan paid to all directors, unless the amounts are excessive relative to other companies in the country/industry or paid for services other than a director's board-related activities; • discharge of responsibility of the management, supervisory board or ...
the remuneration is taxed in the country of the non-resident employer, with which Nigeria must have a double tax treaty. Individual employees are allowed a consolidated relief allowance of 20% of gross income plus either NGN200,000 or 1% of gross income, whichever is higher. ...
Together with the Ownership and Other Property Rights Act, the Croatian Parliament also adopted in 2019 the new Land Registers Act, with its amendment in 2022. The Act contains provisions on land registers, regulates the rules of procedure in land-register matters, establishes presumptions and the...
Further, student workers and executive employees are subject to special provisions based on their position, such as working hours, liability, termination, remuneration, etc. 1.2 Employment Contracts Requirements for Employment Contracts In most cases, employment contracts are concluded f...
- Incur an average remuneration per worker of $100,000 per annum for the top 5 executive designations by the end of year 3 of the incentive period; - Incur at least an additional S$2 million in annual business spending in Singapore by the end of year 3 of the incentive period; and ...
The draft Bill provided a requirement for employers to match their employees NHIF contribution by paying the total amount without deducting it from the employee’s salary or remuneration. This would have created an onerous burden on the employer, adding to the statutory expenses the employer is ...
The draft Bill provided a requirement for employers to match their employees NHIF contribution by paying the total amount without deducting it from the employee’s salary or remuneration. This would have created an onerous burden on the employer, adding to the statutory expenses the employer is ...
"On deciding to begin commercial activities in Asia Pacific, we needed a provider to handle the employment and remuneration of our workforce. With Horizons the result was fast, efficient, and fit-for-purpose. We recommend Horizons as an EOR provider.” Chris MorrellManaging Director, Schaeffler...
The purpose of these payments also differs: salaries are the primary remuneration for the employee’s contributions, while stipends are intended to aid in creating a more efficient and comfortable work environment. Salaries are usually paid out in regular intervals, such as monthly or bi-monthly,...
- Incur an average remuneration per worker of $100,000 per annum for the top 5 executive designations by the end of year 3 of the incentive period; - Incur at least an additional S$2 million in annual business spending in Singapore by the end of year 3 of the incentive period; and ...