But a word of caution, if you decide to resign, you have to

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canada goose parka uk “You should know the exclusions and sub limits in the group insurance provided by employer,” says Amit Trivedi. Many times, the cover on offer is inadequate. For example, the rule of thumb calculations pertaining to life insurance ask an individual to buy a life insurance cover equal to10 times his annual income. That makes it clear that employer provided life insurance is inadequate, especially in case of young employees. canada goose parka uk

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canada goose outlet sale Residential facilities: Canada Goose Coats On Sale Some companies offer their employees residential facilities in prime locations. Public sector units and some old companies have ’employee quarters’ in the prime locations in various cities. Some employers also arrange for healthcareand education facilities within the residential premises of the employees. Even if one is willing to pay for accommodation in such locations, he may not get one. That makes these offers attractive. “Though one can evaluate such options by taking into account the rent he would have paid otherwise, it is difficult to quantify canada goose uk black friday the peace of mind one may enjoy canada goose due to superior infrastructure,” says Rohit Shah. canada goose outlet sale

canada goose uk But here is a word of caution. The employee can stay in such facilities as long as he is in the employment of the company. If he decides to resign or retires at the age of superannuation, he is expected to vacate his house. There is also a risk that the apartments may not be well maintained. canada goose uk

canada goose outlet online reviews Loans offered by employers:Some employers uk canada goose offer home loans and personal loans to the employees at subsidized interest rates. That makes a good saving for the employee. But a word of caution, if you decide to resign, you have to canada goose coats pay off the entire loan to the employer. canada goose outlet online reviews

canada goose outlet store montreal “When taking a loan from the employer, make full disclosure of the purpose of loan to your employer, to avoid payment of excessive tax,” says Vertika Kedia, co founder of tax2win. For example, in case of loans taken for treatment of diseases specified, one need not pay any tax. If the total loan amount availed does not exceed Rs 20,000 one need not pay tax. However, in all other cases where the loan amount exceeds Rs 20000, be it interest free or at the concessional rate cheap canada goose uk the savings on the interest front are taxable in the hands of the employee. canada goose outlet store montreal

canada goose outlet usa Sponsored training / canada goose store professional education:Experts say survival in the corporate world depends on the ability of the employee to learn and unlearn. Employers also seek higher productivity from the employees and want to https://www.canadagoosepark.com invest in employees. In house training sessions are arranged by many employers, to ensure re skilling of their employees. Some employers also encourage employees to take up professional courses and sponsor buy canada goose jacket such spends. “In case of large investments in training, sometimes employers ask canada goose black friday sale employees to sign a bond. One should study the bond before entering into such Canada Goose sale an arrangement,” says Amit Trivedi canada goose outlet usa.

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