Old Pension Scheme: In the old pension scheme (OPS), a government employee gets an assured pension, but if they want, they can commute their pension and get a lump sum amount at retirement or a few ...

The employee is also eligible for a one-time lump sum amount at retirement. To calculate it, we need to multiply 1/10th of the total emoluments (basic pay+dearness allowance) by the number of ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New ...

Nick David / Getty Images There is no specific formula in Excel or other spreadsheet applications that will calculate a company's weighted average cost of capital (WACC) for you. Instead ...

Far more interesting is the fact that these workers' employers chipped in an average of $4,770 of their own money into each of these employees' 401(k) accounts, bringing the full-year funding ...

He urged employees to work fast, think like owners, and adapt to intense competition. Amazon CEO Andy Jassy announced a significant change in the company's approach to promotions during a recent ...

A significant question now arises: How many FEMA employees could be affected by such changes or the potential removal of the agency? “I think, frankly, FEMA is not good,” Trump said in January ...

Follow reaction to Ms Reeves’ statement here in our live blog. The Independent’s Budget calculator below, created by tax advisory firm Blick Rothenberg, will help you to determine whether you ...

To meet the demands of an unpredictable market, business leaders must ensure their employees have the skills and knowledge to keep up and succeed. Training programs are a common way companies ...

UAE professionals say that, on average, they work seven extra hours ... the survey says that majority of the employees in the UAE believe that they’re stressed and overworked in the post ...