Guiding you in your journey of wealth creation

  • Initiated By

    Quantum Mutual Fund
  • Powered By

    PersonalFN

Salaried Individuals

A salary is a form of payment from an employer to an employee, which may be specified in an employment contract. It is contrasted with piece wages, where each job, hour, or other unit is paid separately, rather than on a periodic basis. From the point of view of running a business, salary can also be viewed as the cost of acquiring and retaining human resources for running operations, and is then termed personnel expense or salary expense. In accounting, salaries are recorded on payroll accounts.

Salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed. Salary is commonly paid in fixed intervals, for example, monthly payments of one-twelfth of the annual salary.

Salary is typically determined by comparing market pay rates for people performing similar work in similar industries in the same region. Salary is also determined by leveling the pay rates and salary ranges established by an individual employer. Salary is also affected by the number of people available to perform the specific job in the employer's employment locale.

Videos

courses

The importance of Equity to businesses

Building a business or creating a brand is not an easy thing to do. It takes a lot of effort and skills to commence a business and run it successfully. And to start an establishment, you need to have adequate capital.

courses

Why invest in equity?

The inflation bug eats into the purchasing power of our hard earned money. Hence, while we save a portion of our disposable income, it becomes imperative to invest in wealth creating asset classes.

courses

5 Reasons why retail participation is low in India?

Despite equity being a popular asset class across the globe, the participation of retail investors in India has been rather low.

  • To be released
courses

Things to remember while investing in equity?

Equities are high risk-high return investment proposition. Hence you need to be prudent while investing in equities.

  • To be released

Related Infographics

Do you have any questions?

feel free to contact us!