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Various articles about finance and business

mandatory social security contributions in Saudi Arabia

Unveiling Mandatory Social Security Contributions in Saudi Arabia

In Saudi Arabia, mandatory social security contributions play a pivotal role in ensuring the welfare and stability of its workforce. These contributions form a cornerstone of the country’s social protection system, designed to safeguard employees and their families against various risks, including disability, death, and retirement. As one of the fundamental components of the Saudi […]

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how wage is calculated in Saudi payroll

Demystifying Your Pay: How Wage is Calculated in Saudi Arabia

Navigating the intricacies of Saudi Arabian payroll can be daunting for newcomers and businesses unfamiliar with the region’s regulations. This comprehensive guide dives into the nitty-gritty of knowing how wage is calculated in Saudi payroll. We’ll explore everything from base salaries and statutory deductions to th various allowances that often supplement an employee’s compensation package.

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on-demand pay

On-Demand Pay: Empowering Your Employees and Transforming Your Organization

Rigid payment structures have become an obstacle to financial well-being and employee satisfaction. Traditional paychecks, issued on a fixed schedule, often fail to align with the realities of modern life, leaving employees struggling to manage unexpected expenses. This financial stress creates a ripple effect, negatively impacting productivity, engagement, and retention rates. On-demand pay is a

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Earned Wage Access for Lowering Turnover and Absenteeism: Your Secret Weapon

Earned Wage Access for Lowering Turnover and Absenteeism: Your Secret Weapon

Struggling with high turnover and absenteeism? Are you tired of losing valuable employees and dealing with scheduling gaps? Well, EWA has been made specifically to make your life easier. These innovative apps empower your employees to access their earned wages on demand, offering them greater financial control and reducing the stress of waiting for payday.

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