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1w
380
What is a Salary Slip or Payslip? Format, Components and Template
- A salary slip, also known as a payslip, is an official document showing how the monthly salary is calculated, including basic pay, allowances, and deductions resulting in the net pay.
- Employers typically issue salary slips digitally or in printed form, helping employees understand their financial structuring and serving as proof of income for various purposes like tax filing, loans, and job changes.
- While not legally mandated in India for private companies, most still provide salary slips due to their essentiality in financial transactions.
- Salary slips often follow a standard format with sections for employee details, earnings, deductions, and net pay, providing a clear breakdown of the salary components.
- Earnings in a salary slip encompass components like basic salary, allowances (HRA, DA, conveyance, medical, special), while deductions include PF, professional tax, and TDS.
- Net pay is the final amount received after deductions, vital for budgeting and understanding take-home income.
- Different payslip formats include printed, digital (PDF), Excel, Word, HR portal, and mobile app formats, catering to various organizational preferences.
- Salary slips play a crucial role in personal finance, serving as evidence of earnings, required for loan approvals, credit card applications, visa processing, and rental agreements among other financial activities.
- Understanding one's salary slip aids in tracking tax deductions, monitoring contributions to benefit schemes, ensuring salary transparency, and facilitating budgeting and financial planning.
- Regularly checking and keeping a copy of the salary slip is important for individuals to maintain accurate financial records and handle financial transactions effectively.
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HRKatha
1w
4
Image Credit: HRKatha
How zealous boundary-setting can sabotage careers in the modern workplace
- Zealous boundary-setting, while important for self-care, can sometimes hinder career growth and opportunities in the modern workplace.
- Maintaining healthy boundaries involves intentionality and reflection, while fear-based boundaries may lead to missed opportunities and career limitations.
- Excessive boundary-setting rooted in fear can result in missed chances for innovation and professional growth.
- Declining stretch assignments out of fear rather than genuine conflict with values can impede leadership potential and professional development.
- Individuals who habitually decline challenges risk being sidelined in leadership pipelines and missing out on growth opportunities.
- Saying 'no' too frequently can lead to reduced trust, stalled promotions, and exclusion from vital career conversations and networks.
- Embracing discomfort and accepting stretch assignments are crucial for personal and professional development, leading to unexpected opportunities and growth.
- Navigating boundaries in the workplace requires a balance between self-protection and strategic risk-taking to capitalize on career advancement opportunities.
- Creating 'dynamic boundaries' that flex without breaking and fostering a culture of growth and learning are essential for professional success in evolving industries.
- Encouraging employees to step out of their comfort zones and fostering an environment where saying 'yes' to challenges is supported can lead to sustained success in a rapidly changing professional landscape.
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Medium
1w
184
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Why critical thinking will be your edge in the future of work
- Artificial intelligence has the capability to perform tasks quickly, but critical thinking is becoming increasingly important to ensure decision-making accuracy and relevance in the workplace.
- The ease of delegating thinking tasks to machines can erode one's own ability to critically think, making it essential for professionals to distinguish between AI-generated content and well-thought-out insights.
- In a world where AI is prevalent in tasks like writing and analysis, the value lies in leveraging critical thinking to frame inputs and shape outputs, rather than letting AI dominate decision-making processes.
- The future of leadership involves a partnership between AI and critical thinking, with the ability to outthink the average and offer insights becoming crucial for professional growth and staying ahead in the evolving work landscape.
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Dev
1w
25
Image Credit: Dev
🚀 Ant Design Bundle Size Optimization: The Tree Shaking Approach Every React Developer Should Know
- Bundle size optimization is crucial in web development, especially for React developers using Ant Design (antd) components.
- Default imports in Ant Design can lead to bundle bloat, importing the entire library even when using a few components.
- By strategically applying tree shaking with ES module imports, developers can reduce bundle size by up to 80%.
- Utilizing optimized imports for specific components and creating a centralized import file can streamline the process.
- Advanced optimization includes locale-specific imports, icon optimization, and CSS optimization for Ant Design applications.
- Measuring the impact of optimization through bundle analysis tools and before vs. after metrics is essential for tracking improvements.
- Optimizing bundle size not only enhances user experience and SEO but also improves development efficiency and reduces costs.
- Implementing best practices like regular audits, component tracking, and team guidelines can prevent common pitfalls in bundle optimization.
- Tools like Bun/Bunx, ESLint Plugin, Vite, and Rollup are recommended for efficient bundle optimization in React projects.
- By following the outlined techniques, developers can significantly reduce bundle size, improve loading times, and elevate user experience.
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Medium
1w
96
Image Credit: Medium
Cool Power BI Shortcuts You Probably Didn’t Know (But Should)
- Hold Ctrl while clicking a slicer to select multiple items without losing previous selection.
- Use Alt + Shift + Arrow keys to resize visuals without dragging the mouse smoothly for precise control.
- In DAX editing, Ctrl + Enter lets you stay in the formula editor but move to the next line, saving time for writing multi-line DAX.
- Ctrl + Shift + C helps in copying data point values from visuals for quick reference without exporting the dataset.
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Pymnts
1w
203
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The M&A Files: You Just Had an Acquisition — Now What?
- After an acquisition deal closes, the focus shifts to back-office integration, including tech systems, workflows, processes, and knowledge.
- Finance teams play a crucial role in integrating back-office and payment systems to drive the success of the acquisition.
- Setting up a central integration office involving treasury, finance, IT, legal, and HR is essential to streamline post-acquisition operations.
- M&A integration involves aligning people, processes, and platforms, along with addressing regulatory requirements and leveraging AI technology for knowledge management.
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TechCrunch
1w
318
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Context gets $11M to build an AI-powered office suite
- Context, a startup developing an AI-powered office suite, raised $11 million in a seed funding round led by Lux Capital, with participation from Qualcomm Ventures and General Catalyst, bringing its total funding to approximately $15.75 million and valuing the company at $70 million.
- Founded by Joseph Semrai, Context aims to leverage AI models to enhance digital office suites and improve user workflow by integrating various applications for better results.
- In a market already influenced by AI-integrated office suite makers like Google, Microsoft, Canva, and Notion, Context distinguishes itself by focusing on enhancing data analysis capabilities and decision-making processes for users.
- Context offers a chat-focused interface with AI capabilities to perform research, data analysis, and document creation, and it provides a Python interpreter for running code. The tool is designed to cater to users seeking improved data analysis tools not fully served by existing office suite offerings.
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Dev
1w
314
Image Credit: Dev
Don't Talk to Strangers (Unless You're Serious About Growth)
- Breaking the rule of not talking to strangers can lead to brave career decisions.
- Scheduling and participating in growth calls with strangers can be a moment of real growth.
- Many developers feel stuck and overwhelmed but often what they need is a conversation for clarity.
- Talking to strangers who have walked a similar path can lead to smart and brave career moves.
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Medium
1w
8
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The Estimation Play: A Five-Act Tragedy in the Theater of Software Development
- The article discusses software estimation as a theatrical production titled 'The Estimation Process.'
- It highlights the challenge of providing precise estimates when facing uncertainty in software development.
- Meetings, interruptions, and fragmentation during the development process contribute to underestimated timelines.
- Estimates often become sacred artifacts that are used for judgment and control within organizations.
- The pressure to meet estimated timelines leads to inaccurate predictions and distorted decision-making.
- The disconnect between the reality of software development and corporate planning processes is emphasized.
- Theatrics in corporate environments often prioritize governance over creativity and agility.
- The article advocates for treating software development as exploration rather than an assembly line.
- It suggests making smaller bets, adaptive strategies, and prioritizing delivery following discovery.
- Ultimately, the focus is on empowering software teams to build effectively by rethinking the role of estimation in the process.
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Department of Product
1w
51
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Deep: The AI announcements that matter from big tech's big week
- Last week Google and Microsoft made over 200 different AI announcements at their I/O and Build conferences.
- This Deep dive focuses specifically on the new AI features and announcements most relevant to product teams.
- The analysis is structured into categories such as New technologies, APIs, New capabilities, and New standalone products.
- The summary highlights key AI announcements from big tech companies that could impact product teams.
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Medium
1w
100
Image Credit: Medium
From Red Tape to Rocket Fuel: How PMs Can Turn Compliance into Competitive Advantage
- Compliance in FinTech is not a blocker but a framework that allows companies to operate.
- Aligning user expectations with regulatory requirements early is key for success.
- Smart product managers leverage compliance requirements to enhance user experience.
- Understanding and embracing regulations can turn compliance into a competitive advantage in innovation.
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HRKatha
1w
252
Image Credit: HRKatha
Nestlé India launches pet-friendly policy at work
- Nestlé India introduced a pet-friendly policy to support employees with new pets.
- The policy includes a starter kit with premium pet food and two days of 'paw-ternity leave'.
- This initiative demonstrates Nestlé India's commitment to an inclusive work environment and holistic employee wellbeing.
- The company's move promotes responsible pet ownership and reflects evolving workplace priorities towards emotional wellness and flexibility.
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HRKatha
1w
272
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Walmart to create hundreds of new roles in the US and India
- Walmart to introduce several hundred new roles in the US and India to accelerate decision-making and simplify operations.
- Roles will be open to employees impacted by recent layoffs, affecting workers in corporate offices and Global Capability Centres.
- Restructuring aligns with evolving retail and tech industries, leveraging AI and streamlining management layers for agility and innovation.
- Walmart integrating AI technologies for demand forecasting, inventory management, and quicker trend-to-product timelines to enhance customer experience and stay competitive.
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HRKatha
1w
258
Image Credit: HRKatha
Cars24 lays off 120 employees amid strategic overhaul
- Cars24 is laying off 120 employees as part of a strategic overhaul to streamline operations.
- The layoffs are focused on non-core business units, with the closure of Inspare, resulting in 80 job losses.
- Another 40 employees from the car-servicing vertical, FourDoor, have also been laid off due to project underperformance.
- The company is offering severance packages and no further layoffs are planned as this is viewed as a targeted reset.
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HRKatha
1w
382
Image Credit: HRKatha
Online outrage over boss threatening to take away employee’s bonus
- A workplace dispute has sparked online outrage after a manager threatened to reduce an employee's bonus for refusing to work on her approved day off.
- The incident gained attention through a viral social media post revealing the manager's pressure on the employee to come in despite her prior plans and sanctioned leave.
- Many criticized the manager's behavior, calling it an abuse of authority and highlighting the importance of boundaries and employee well-being.
- This incident has reignited discussions on toxic workplace culture, employee rights, and the need for respecting personal time and professional boundaries in companies.
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