Employee benefits in Pakistan
Employee benefits in Pakistan Pakistan employment laws set several benefits for employees, namely: Type of benefit Paid by the employer Deducted from the employee’s salary Employees Old Age Benefit 5% 1% Social Security 6% 0% GratuityorProvident Fund Based on the length of service and the latest salary 8.33% N/A 8.33% Bonus Paid once a year if the company has been profitable N/A #1 Employees Old-Age Benefits The Employees Old Age Benefit is a retirement plan for the employees paid by the employer…