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The Labour Market Regulatory Authority (LMRA) is a government body in Bahrain with a corporate identity endowed with full financial and administrative independence under the authority of a board of directors chaired by the Minister of Labour. The Authority was established on 31 May 2006 to regulate and control work permits for foreign workers ...
A gratuity may be added to the bill without the customer's consent, contrary to the law, [99] either explicitly printed on the bill, or by more surreptitious means alleging local custom, in some restaurants, bars, and night clubs. However, in 2012, officials began a campaign to eradicate this increasingly rampant and abusive practice not only ...
The Payment of Gratuity Act, 1972 is an Indian law that makes companies pay a one-time gratuity to retiring employees or employees who resigns after a minimum of 5 years of service. The law applies to all companies of at least 10 employees. [1] The gratuity is 15 days' wages for every year of employee service, or partial year over six months.
None; €870 (US$1,006) per month for shop assistants, nurses' assistants, clerks, hairdressers, and nursery assistants; it rises to €924 (US$1,069) after six months' employment. For asylum seekers working as unskilled workers in the agricultural sector, the minimum monthly wage was €425 (US$570) with accommodation and food provided.
After Bahrain’s independence, the State administrative structure was reorganized pursuant to Amiri Decree No. (2) of 1971 as well as Decree No. (3) of 1971 [4] restructuring the Department of Finance and National Economy and the Department of Labor and Social Affairs. In this amendment, the Housing Department was moved from the Department of ...
An amortization calculator is used to determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process. [ 1 ] The amortization repayment model factors varying amounts of both interest and principal into every installment, though the total amount of each payment is the same.
An honorarium is an ex gratia payment, i.e., a payment made, without the giver recognizing themself as having any liability or legal obligation to the recipient for their volunteered services, or for services for which fees are not traditionally required.
UBS publishes various statistics relevant for calculating net wealth. These figures are influenced by real estate prices, equity market prices, exchange rates, liabilities, debts, adult percentage of the population, human resources, natural resources and capital and technological advancements, which may create new assets or render others worthless in the future.