Compliance with minimum wage laws is essential for businesses to uphold fair labor practices and avoid legal consequences. Here are key points related to minimum wage laws
1. Option to maintain and implement State wise Minimum Wages as applicable from time to time.
2. Manage Employee Provident Fund (EPF), ESI, LLabour Welfare Fund (LWF). You can generate challan and keep month-wise ledger of employees.
• Identify employees who are eligible for overtime pay as exempt or non-exempt status, as per specific labor laws or collective bargaining agreements.
• Ensure accurate tracking of work hours and appropriate compensation for overtime
• Calculate overtime pay based on the applicable rates. Multiple Over Time slab can be setup as per requirement
Customizable Calculation and disbursement of Bonus, Incentive and gratuity etc as per law and company policy.
EPF/ ESI/LWF/ TDS etc as per the latest regulations.
Welcome to our Mobile Accessibility features, allowing you to manage tasks, approvals, and employee self-service seamlessly from the mobile devices.
ThirdEye Payroll Software offers a comprehensive solution designed to simplify and streamline your payroll processes, ensuring accuracy, compliance, and time savings.
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