All permanent employees are and shall be paid (including during the probationary period) in accordance with the agreed terms as specified in the job offer/job agreement document. Following is the breakdown of compensation at Kwanso:
70% Basic Pay + 30% Other Allowances (house rent, utility, etc.)
Gross - Income Tax & Other Deductions (e.g., PF, EOBI, Loan, etc.)
Pay/Days in the month x No. of days worked (date of joining or in case of unapproved/unpaid leaves)
Salaries are transferred directly to an employee’s designated bank account. The Accounts department will assist the employee in opening a bank account.
The pay date is usually the 1st (or even earlier than 1st) of every month under normal circumstances. However, under certain unavoidable circumstances, for instance, a glitch in online banking, force majeure, etc., the salaries can get delayed. In such a case, Human Resources or Accounts will announce & keep the employees updated.
All the calculations are made as per the prevailing tax by the Government of Pakistan; tax deductions are directly made from the salaries.
Tax certificates are provided by the finance department upon special request.