Tag: Payroll Management

February 22, 2021

Labour Law in Sri Lanka – An Easy Guide to the Shop and Office Act

As an employer, it’s your duty to do right by your employees.  Here’s the problem though – you can’t make sure you’ve got all your
December 10, 2020

A-Z Guide on Salary Sheets, Salary Slips, and Salary Slip Formats in Sri Lanka

One of the first things to do when starting a company is to hire employees to help you with your operations. From the first day
October 21, 2018

Its only fair if there’s gratuity

Gratuity is a defined benefit plan and is one of the many retirement benefits offered by the employer to the employee. This takes place upon the employee leaving his job. Gratuity is given by the employer to an employee for the services rendered during the period of employment. It is usually paid at the time of retirement but it can be paid before provided certain conditions are met.
December 16, 2016

Employee Provident Fund & Trust Fund (EPF & ETF) – What you need to know

Employees Provident Fund (EPF) was established by Act No. 15 of 1958. The contributions are made to this fund on regular basis. Its purpose is to help employees to save a fraction of salary every month. The fund can be used in an event that the employee is no longer fit to work or at retirement.