🔴8 Common Payroll & Salary Calculation Mistakes that Companies & HRs Do

COURSES: labourlawadvisor.in/link/LPTI
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DEMAT ACCOUNT: link.labourlawadvisor.in/demat
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QuickPayroll: quickpayroll.in/
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We are coving common payroll mistakes which are done by companies and HRs. If you are into payroll compliances or running a company you should watch this video.
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Chapters:
00:00 introduction
01:09 1. CTC Based contracts
03:18 2. Too Many Allowances
05:11 3. Monthly Bonus & Gratuity
06:43 4. Not Knowing applicable acts
08:11 5. Not knowing calculation & rules
09:00 6. Delay in filing
09:42 7. Relying on Softwares Only
11:00 8. Lack of Record Keeping
12:30 Learn Payroll Processing
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Instagram: / labourlawadvisor
Twitter: / advisorlaborlaw
Telegram: @JoinLLA
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#LLA #Payroll #Compliance

[@LabourLawAdvisor]

COURSES: labourlawadvisor.in/link/LPTI DEMAT ACCOUNT: link.labourlawadvisor.in/demat QuickPayroll: quickpayroll.in/

[@mbasalikkhan]

I enrolled in A to Z payroll processing on March 22 and have gone through the course. I must say that the course is best in terms of empirical and practical way. Also, Mr. Rishab has covered the theory part and facilitate the things in a simple language with perfect examples. I strongly recommend this course to HR freshers, HR Professionals, an Accountant who takes care of salary in a company, HR operation executive, HR Generalist. Believe me, you won't regret after enrolling in this course - It is indeed value for money. Moreover, I would like to request Mr. Rishab and his team to prepare a separate course on PF and ESI with challan filing, register maintenance, and all the other practical and end to end work on ESI and PF. I hope you will come up with this course very soon. Thank you!🙏

[@LabourLawAdvisor]

Course Coming Soon

[@sabyasachiroy2783]

Sir, I want to talk to you regarding the salary structure of my company. Please share your contact information for contacting you. Please.

[@rockeyinv7077]

Please play the background music a bit gentle.. it's very noisy.. thanks for your valuable video.

[@LabourLawAdvisor]

Thanks will take note

[@punitlad4349]

Very Informative Rishabh Ji.. Many Employer's are doing these mistakes ...

[@Nag1479]

It's good to have people like you, sir Ji, I have learned and understood lot of things from your videos. Thank you so much for your valuable support to learn more things.

[@ronaknegi]

Ek dum correct..thanks Rishabh Sir.

[@poorni28489]

Very helpful video!! Thank you 😊

[@d.l.4530]

Very informative... Plz keep posting such videos...

[@shivanirastogi9450]

Great information Sir. I really like your content. Thankyou

[@suniljamadar3401]

Really most important points discussed...

[@sagarsaini467]

Very good, informative and useful video for HR Payroll Manager's

[@surajnath9929]

Very Very Useful Video...Thank You

[@chirag4847]

Have to tell , your content is very amazing ✨✨ Knowledge+ Presentation skills 💯💯💯 .. Thank you.. keep doing it for the labour law learners...🙏🏻

[@insightkr7958]

Sir, fantastic lecture... Easy to understand..... Nature of teaching is remarkable. One question for you.... You need advice me...

[@AnoopKumar-ee1yg]

Thank you so much for good knowledge

[@mujeeburrahman5332]

Thank you brother you're genius 👍

[@RajuSharma-gf6zk]

Gajjab video, very informative for all of us.

[@kalaivanik6950]

Very useful information tnq sir

[@thiruvids2845]

Excellent Video Sir - very informative - forwarding to all my groups. Please continue to share more such videos

[@LabourLawAdvisor]

Great !

[@monikapal6473]

Thank you so much for this informative video

[@imranbalekhan8959]

Very Useful Information

[@RakeshKumar-cj2mt]

Very informative video sir. Thanku keep making this kind of video. You're like milestone for us sir.❤

[@C02754]

Amazing. Very informative. Pl make a video on how to deal with office problems. In india employees face many problems at their workplace . How do they find solution, how do they complain, where to complain etc

[@aleenatahir2284]

soo much useful video, keep it up🔥

[@vijaykumar-nt3hd]

Thank you so much ✔️👍

[@merabharatmahaan8072]

I really like this way of explain

[@anubhabs2372]

Many Many Thanks

[@priyankapuri4364]

U r doing very good job sir

[@karanchudasama2422]

Great content 👍

[@rohansonawane8992]

Nice informative video

[@YouAndImpact]

Great video 👍.

[@understandthewordsfeelthes3036]

Helpful information

[@deepakkava8887]

Rishabh Ji I always watch your videos and i like it, it's good that you are sharing such knowledge.....I would just suggest that you go a little slower in explaining....since I have to repeat your videos again and again to understand......thanks keep going Your well wisher

[@poonamdaniel8156]

Team - I really like viewing your videos - very informative ! keep it up

[@LabourLawAdvisor]

Glad you liked it... thanks for watching

[@ArtiYadav-xf6ti]

Very interesting video

[@Rohan-cw3wp]

Thanks

[@sandeeprajput2459]

sir apse request hai apki info really knowledgable hai . sir meri request hai ki ap special class video banaye fully hr generalist course ki

[@HrHacker95]

Thank you

[@nkaushik100]

Very nice video

[@vandananayak2133]

Really useful video Rishab Sir, Please make a detailed video on employee income tax for the FY 2020-21

[@indianagriculturist7587]

Basic 90.00 Provident Fund 2,124.00 Dearness Allowance 17,608.00 House Rent Allowance 3,300.00 Special Allowance 2,550.00 Medical Allowance 600.00 Education Allowance 1,450.00

[@bharatvibess]

Sir, i am also working in a company as a admin , and thankyou for this video

[@prashantjoshi6166]

Good information

[@shubhamdhamne5979]

Sir, I think a simplified book will be more beneficial for us, to understand various calculations, complicated rules and common mistakes as a employee/ employer/HR. and book will be more helpful for basic knowledge... Please take it as a heartful request and Make it at reasonable prices...

[@caaman93]

Informative video

[@saswatigudli]

True, so many things in salary slip and every year changing. Like in previous year we don't have a bonus column and now we have it and that also included in our ctc instead that should be given at the year end as a bonus amount

[@rakeshmaithil1827]

Wah kya bat he thank you

[@yudhishtharmore9844]

Awesome sir nd please share calculation rules

[@chetnakikan3721]

Thnx sir 👍👍👍👍

[@pavansakpal4816]

🙏🙏👍👍👍best information is best support 👍👍🙏🙏

[@All-Basics]

Sounds like your problems dear friend not everybody's even then it is good you are helping people in need

[@Pritom831]

Excellant...

[@gsharma]

good job sir

[@sabirmirza6088]

Good info

[@naveenkalia9114]

I am a HR in a Indian company & I follow these all steps regularly.

[@mehrinshaikh8764]

Thank you for briefing on this topic .my only request to you is ,,, please go a bit slow while explanation .

[@premprakashnayak2636]

Fabulous

[@user-qo9mu7ko2j]

Good morning

[@shaikaslam9327]

Excellent information Sir. Frequently transfers bina galti ki ab kya karen sir. Request your reply.

[@sanjeevmishra2280]

Good

[@PratikSingal]

Does statutory bonus rule applies on IT companies as well ? Is there a way out for companies to avoid this ? What step a employee can take if employer is not paying the statutory bonus?

[@renascentorocare1662]

What is the deduction rule for Basic wages? Is it 50% of Gross?

[@paraharsh20]

Pl this one in English version also

[@SMITHSALUNKE]

Can you please explain the working days or Payable days calculation Some of companies considering 26 ,30 or calendar days

[@rohitmandave9132]

Hello Rishabh sir, Sir please make video on different between MNC company and india company culture, policy. Most of new comer are confusied. They are thinking only MNC companies are best. India company not good please make video....🙏

[@rajivlakra4188]

Basic rules And regulation HR should know, can u make video on that

[@bhaveshb5883]

Please LTA ke benifit & application ka detail Video banaye... Thanks in Advance...👍🏻

[@LabourLawAdvisor]

Already done search LTA

[@dakshatapandit1]

I am seeing this video first time rishab but i really loved it. I am an HR and I totally agree with you for this. I myself had fought with HR for compliance, fun part is many HR after passing the knowledge are adamant for changing the policy or process.

[@thehappiestvoice7686]

Hi ma'am! I am pursuing my MBA in HR. can I please connect with you because I have something to ask you.

[@shadowgaming9521]

To avoid these common mistakes we can use Payroll Softwares like Pocket HRMS

[@gootergoon]

That was a brainstormer, real insightful video 👌👌 Dear Rishabh Sir, I wish to highlight a troublesome issue, being faced by many employers for last few years. These days, the workers demand full daily wages at the day end, and do not agree to any kind of deduction like PF, ESI etc. They want a pay which includes effect of all benefits included, without any commitment or binding. Today they worked for you, tomorrow, they'll work for some other employer. Already facing scarcity of workers, employer has no other option but to employ such freelancers. In this scenario, how can statutory obligations like PF, ESI, Bonus, Gratuity etc. be complied with? Pls do share your views. Thanks.

[@LabourLawAdvisor]

If daily wage above 700 no need for PF ESI

[@gootergoon]

@@LabourLawAdvisor Thanks for the information. Pls do keep us guiding 🙏🙏🙏

[@gootergoon]

@@LabourLawAdvisor No ESI even if more than 10 employees? Sir, if an establishment already covered under PF act, but now current employees strength is 7 (Hence not covered under ESI). So now if they employ another 5 daily wagers above Rs 700/-, will they still be required to register under ESI? Secondly, how to show daily wagers in Muster roll n POW register? Pls enlighten. TIA.

[@nikhilmahajan2885]

Please make the video on how to maintain registers

[@manoharbhandole1896]

Sir pls एक वीडियो Flipkart best price stores पर भी एक वीडियो बना दीजिये

[@rahulraoambedkar7530]

Sir Mera अनुरोध है कि आप बेसिक पर कोई वीडियो बना देते तो अच्छा होगा

[@sureshkumarkumawat7231]

Sir you are great I want to work in HR department and I have required to learn about this kindly suggest me any course regarding this

[@vishwashah8800]

Need to learn contractor's payroll.... if I have hired contractor for manpower supply which documents I should ask from them and what should be their salary calculations

[@anagham5670]

Hi LLA, for last financial year my HRA was cut as per 5% basic which is basic but we have 50% in flexi allowance plan. During declaration and proof submission, my proofs were approved for 50% rent but my HRA rebate was considered 5% only. HR is saying that I had not informed them to consider 50% as HRA in the flexi allowance plan. Hence during tax calculation they didn't consider. and now nothing can be done. Please confirm if I can claim the same during return of income tax.

[@waghelabhargav2084]

Sab sahi baat he aapki... But kuch nahi kar sakte bcz kuch kiya to job gayi samjho

[@yhharishadyar7843]

Sir thank you for good video, kindly share proper way of pf esi calculation procedure

[@LabourLawAdvisor]

Okay sure

[@Deepak-gf6pt]

Yes, I am waiting too.

[@hareshchandnani1227]

Very best. I need details calculation on salary in maharashtra .. basic ka kitna % PF? HRA? Allowances??

[@suhailakhtarkhan8584]

Rishabh sir ek baar HR Master file kaise nanaey aur usmen kya kya information rakhen management ko reporting k liye kya important hai, aur kaun se docs ie. Appointment letter, Joining letter , promotion letter ko merge karana aur according Master ko update kary etc.

[@chandansingh-fs5lx]

Sir, I worked in govt department. Before passing any bill of contractors I checked EPF of workers through TPN numbers (many times I found edited documents submitted by agency) How to verify about ESI ? Any method to check whether agency has submitted ESI or not.

[@rahulkarira]

@Labour Law Advisor - is it mandatory to give carry forward of EL/PL to the employees? in Karnataka Max carry forward is 45 days but there is no minimum prescribed. Please clarify

[@asifalisyed516]

Hi Rishadh! hope your doing good I would like to enroll for this course however I have a query after the course completion will i get any certification from your team?

[@harshalpande6637]

Meri first job june 2014 se start hui... Kya mera EPS cut hona chahiye.. Thanks for valuable info.. God bless you! 😊

[@ankitgarg7174]

Is The Code on Wages, 2019 applicable or not?

[@patnaikrajesh]

Esic me 31 din ka mahina hai aur pure mahine bhar kam kiya hai to esic contribution 31 din ka hi hoga kya?

[@mukulmangla7871]

please share compliance calender

[@ajay13kumar]

Could you please tell me importance of fine register of company

[@maitreyeekarmakar6429]

what is the month should be chosen when ptax is paid by employer?

[@harshitruniwal]

Cleared all tech rounds of highly reputed firm and If HR of a very very reputed firm says, please consult GOOGLE for understanding IT exemptions, then what to do? If the HR says first join then you will get to know more about these points… need your help Rishabh Ji

[@chandrakantpatel4254]

Pf return in wage month rectify April 2020 instead of March 2020

[@gscience1254]

Sir plz tell about Gratuity rule and withdrawal

[@saiganeshvenkatraman3788]

Sir, if possible can u share the model salary or payroll calculation or pay slip for a company having 150 outsourcing staff

[@shahzadshah146]

sir g apka tutorial mind-blowing please kia ap muj ko bta sakty hain k normal working hours agar 9 hain us bina par hum monthly salary 30 say bnaye gy ya fir 26 say

[@games04fun]

Sir abhi market me ek latest fraud chal rha hai , Pvt. companies employees k salary account me as per delhi govt order salary deti hai but unse fir cash me le leti hai .... Is this right or wrong ? *As per my opinion :- basically company apne cost ko bachane k liye aisa krti hai but aisa sirf fresher k sath max 6-12 months tak hona chahiye .....after training period unko bhi current market value k according package dena chahiye ----------------------------------------- Well !sir please make dedicated video for this

[@quicktravel98]

What is the action taken against unapproved leave

[@SONUKUMAR-wj3sp]

Sir ek video tally ERP 9 par full details m

[@mohammedunass8754]

sir, I got offer in Jindal saw as a Engineer but it is third party payroll through Genie HR Solutions. Now I'm working on roll job. Kindly guide me what are the difficulties in third party pay roll.

[@vaibhavtawsalkar5469]

Please update monthly Gratuity whose showing in salary structure in offer letter while joining the organisation

[@sandeshdeshmukh1018]

How to fill up EPFO for inspection detail please make a video

[@rashmis8253]

Very informative Sir. Can you please tell me how can I go into payroll department. I am into Recruitment now.

[@NarneHR]

How to calculate per day salary for the month of February. Does it change according to no. of days in a month