Remove Business Process Outsourcing Remove Compensation Remove Employee Benefits Remove Screening
article thumbnail

Guide to Hiring Employees in Malawi

Recruiters Lineup

Any hours worked beyond this are considered overtime, for which employees are entitled to additional compensation. Holidays and Leave Entitlements: The Employment Act stipulates public holidays, annual leave, sick leave, and maternity leave entitlements for employees.

article thumbnail

Your A-Z Guide of HR Acronyms & Abbreviations

Analytics in HR

BIK: Benefits In Kind Benefits In Kind (BIK) refer to any non-monetary compensation that employers provide to their employees. HR acronym usage example: “Examples of a BIK include healthcare benefits, meal vouchers, retirement plans, childcare assistance, and accommodation.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Guide to Hiring Employees in Costa Rica

Recruiters Lineup

Employee Benefits: Employees in Costa Rica are entitled to various benefits, including paid vacation days, sick leave, maternity and paternity leave, and bonuses such as the mandatory Christmas bonus (Aguinaldo) equivalent to one month’s salary.

article thumbnail

Guide to Hiring Employees in the Philippines

Recruiters Lineup

Both employers and employees are required to adhere to the terms stipulated in the contract. This includes details such as job responsibilities, compensation, benefits, and the duration of the employment. Application and Resume Screening: Applicants submit their resumes and application forms.