Question

Establishing pay variables and wage boards for compensation

Answer 1

The bonus amount usually amounts to one month's salary of the employee. Indirect compensation refers to non-monetary benefits offered and provided to employees in lieu of the services provided by them to the organization. ... It is the right of employee to get adequate number of leave while working with the organization.

Answer 2

Margin funding refers to lending money to clients to trade in shares, for which the brokerage charges an interest. For instance, a client can trade in shares worth Rs 4 lakh by putting in only Rs 1 lakh in cash or by pledging existing shares, while the rest is financed by the brokerage.