Workers Allowance Management PowerPoint Presentation Slides
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Rewards and bonuses go a long way in employee retention and boost the productivity of the workforce. So, with the help of this complete deck of Workers Allowance Management PowerPoint Presentation Slides, go ahead and plan the perfect schedule for employee allowance of your organization. The human capital is the most important input of a business and these work allowance templates help you create a balance between personal goals and those of the business establishment. The various expenses covered under this employee allowance system presentation are accommodation, benefits like food, clothing and travelling expenses. Managing an employee allowance system is an ordeal because you not only have to allocate resources properly but also ensure that the expenditure remains within the allocated budget. Thus, this deck of allowance management slides is a must have for the smooth running of your business. So, without further pondering, download these slides at the click of a button! Firm up alliances with our Workers Allowance Management Powerpoint Presentation Slides. You will cement enduring bonds.
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Workers Allowance Management PowerPoint Presentation Slides
- 2. Content Basic Employee Compensation Layout Employee Compensation System Employee Compensation Plan Types Employee Compensation Package Compensation Plan Framework Employee Compensation Structure Employee Compensation Sheet Employee Compensation Components Employee Compensation Breakup List of Employee Benefits Employee Compensation System Employee Benefits Concept Employee Benefits Segments Employee Benefits Template 1/2 Employee Benefits Template 2/2 Employee Benefits Survey Template Employee Compensation Report Sample Employee Compensation Breakup 2
- 3. Basic Employee Compensation Layout IndirectDirect Incentives Pay Benefits Services Base Pay Merit Pay COMPENSATION 3
- 4. Employee Compensation Components EMPLOYEE COMPENSATION Financial Incentives Pay Salary, Wages Social Security Non- Financial Job and Career- related Benefits 4
- 5. Employee Compensation Breakup Performance & Talent Management ▪ Performance appraisals ▪ Goal Setting ▪ Training ▪ Human resource development ▪ Career & succession Planning ▪ Basic Pay ▪ Wages ▪ Salaries ▪ Variables Pay ▪ Bonuses ▪ Incentives Compensation ▪ Health/ Medical Insurance ▪ Life/Disability Insurance ▪ Paid time off ▪ Retirement ▪ Educational assistance ▪ Work-life Support Benefits 5
- 6. Employee Compensation System ▪ Medical Insurance ▪ Life Insurance ▪ Disability Income ▪ Pension ▪ Social Security ▪ Vacations ▪ Holidays ▪ Sick Leave ▪ Jury Duty ▪ Recreational Facilities ▪ Car ▪ Financial Planning ▪ Low-cost or Free Meals ▪ Bonus ▪ Commission ▪ Piece Rate ▪ Profit Sharing ▪ Stock Option ▪ Shift Differential ▪ Savings Plan ▪ Stock Purchase ▪ Annuity Deferred Pay Incentive Pay Merit PayBase Pay Services and Perquisites Pay for Time Not Worked Protection Program COMPENSATION SYSTEM Indirect Compensation Direct Compensation ▪ Salary ▪ Wage 6
- 7. Employee Compensation Plan Types Territory Volume Territory volume sales compensation plans are most often used in team – based corporate cultures. They work through the calculation of territory volume at the end a compensation period Straight Salary With this type of structure, you’d pay your sales people a straight competitive salary like all of your other employees & nothing else. Commission Only Commission only sales compensation plans are exactly what they sound like – you pay your sales people for the sales they bring in & nothing else, there is no guarantee of income. Salary Plus Commission Most commonly plan used. They’re structure in a way that sales people receive a lower base salary along with commission pay that makes up the majority of the total compensation. 7
- 8. Employee Compensation Plan Types Territory Volume Territory volume sales compensation plans are most often used in team – based corporate cultures. They work through the calculation of territory volume at the end a compensation period Straight Salary With this type of structure, you’d pay your sales people a straight competitive salary like all of your other employees & nothing else. Commission Only Commission only sales compensation plans are exactly what they sound like – you pay your sales people for the sales they bring in & nothing else, there is no guarantee of income. Salary Plus Commission Most commonly plan used. They’re structure in a way that sales people receive a lower base salary along with commission pay that makes up the majority of the total compensation. 8
- 9. Build Up a Pay Philosophy Determine If Salaries are Competitive Set Different Salary Grades Creating Employee Bonus & Incentive Programs Pay Raises Employee Compensation Package 9
- 10. Compensation Plan Framework Internal Assessment ▪ Job Analysis Add text here ▪ Job Evaluation Add text here ▪ Pay Policy Add text here External Assessment ▪ Base Pay Structure Add text here ▪ Market Analysis Add text here Management ▪ Communicate the Plan Add text here ▪ Pay for Performance Add text here 10
- 11. EmployeeCompensation Structure Salary Break-up Cost To Company 9,98,000.00 Component Per Annum Per Month Taxable/ Non Taxable Basic 4, 40,000.00 36,500.00 Tax HRA 2,35,000.00 12,770.00 Tax Medical 14,000.00 1,350.00 Non Tax Special Allow 1,30,000.00 12,000.00 Tax Telephone Reim. 33,000.00 5,000.00 Conveyance Reim 74,000.00 6,280.00 Non Tax Ex-Gratia 20,000.00 - Paid Annually / Tax PF Employer 52,000.00 - Total 9,98,000.00 3,96,900.00 ESI Deduction PF Employee 52,000.00 4, 700.00 Labor Welfare Fund 60.00 5.00 Net In-Hand Salary 3,92,200.00 Name: Designation: Location: Date of Joining: 11
- 12. Earnings Deductions Basic & DA 6,200.00 Provident Fund 458.00 HRA 3,100.00 E.S.I 220.00 Conveyance 400.00 Loan - Add Text Here Add Text Here - Add Text Here Add Text Here - Total Addition 9,700.00 Total Deduction 678.00 NET Salary 9,022.00 Employee Name: Designation: Month & Year: EmployeeCompensation Sheet 12
- 13. August 21,2018 ADD DATE HERE Wages and Other Paid Benefits You Pay COMPANY PAYS Overtime Wages Total Wages $15,964.76 $18,980.65 $34,945.41 HEALTH & WELFARE Dental Medical Vision $214.80 $1,678.70 $80.70 $4,698.80 Total Benefit Contributions $1,974.2 $4,698.80 TOTAL COMPENSATION $39,644.21 Taxes & Entitlements Federal Medicare Federal Social Security Federal Unemployment State Unemployment State Workers Comp Ins $466.31 $2,020.70 $52.00 $330.17 $1,777.12 Total Taxes $4,646.3 ADD NAME HERE Employee Number 102658 Manager Alison Flanigan Department Research and Design Job Title Senior Researcher Hire/Rehire Date 11/19/2012 Length of Service 0 years ,9 mos % OF BENEFITS TO COMPENSATON 12%Company YouTaxes Benefits Wages COMPENSATION BREAKDOWN BENEFITS CONTRIBUTIONS 10 December 2018 TOTAL COMENSATION REPORT EmployeeCompensation ReportSample 13
- 14. List of Employee Benefits Social Security Health Insurance Perks & Bonuses Paid Vacation Pay Raise Achievement Award Employee Allowance Meal Breaks 14
- 16. EmployeeBenefits ComponentsTable Employer Government Minimum Wage SSS benefits Holiday Pay Pag-IBIG Benefits Overtime Pay Philhealth Benefits Night Shift Pay ECC Benefits Service Charges Add Text Here Service Incentive Leave Add Text Here Maternity/ Paternity /Solo Parental Leave Add Text Here VAWC Leave Add Text Here Special Leave for Women Add Text Here Add Text Here Add Text Here Add Text Here Add Text Here Add Text Here Add Text Here 16
- 18. Employee Benefits Segments Meal Breaks Health Insurance Perks & Bonuses Achievement Award Social Security Pay Raise Employee Allowance Paid Vacation 18
- 19. Health Insurance Perks & Bonuses Achievement Award Meal Breaks Paid Vacation Pay Raise Employee Allowance Social Security Employee Benefits Template 1/2 19
- 20. Employee Benefits Template 22 Union This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Employee Allowance This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Health Insurance This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Social securities This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Pay Raise This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 20
- 21. Employee Benefits Survey Template Statement Strongly Agree Agree Neutral Disagree Strongly Disagree Health Benefits I am satisfied with my health plan options. I am satisfied with my dental plan options. I am satisfied with my vision plan options. I am satisfied with my long-term disability insurance. I am satisfied with my short-term disability insurance. Add Text Here Financial Benefits I am satisfied with my retirement plan options. I am satisfied with my salary. Add Text Here Overall, I am satisfied with my financial benefits. Paid Time off I am satisfied with the number of vacation, sick, and personal days that I receive. Additional Benefits I am satisfied with my continuing education and training opportunities. I am satisfied with my tuition reimbursement options. Overall, I am satisfied with my additional benefits. 21
- 22. Workers Allowance Management Icon Slide 22
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- 30. It’s not just about being better. It’s about being different. You need to give people a reason to choose your business. …Tom Abbott Quotes 30
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- 35. Address: # street number, city, state Contact Number: 0123456789 Email Address: emailaddress123@gmail.com Thank You 35