What are the various methods of compensations? Show your familiarity with government regulations of compensation in Nepal.
Various Methods of Compensations Government Regulations on Compensation in Nepal Labor Act, 2017Sets rules for minimum wages, working hours, overtime pay, and leave entitlements. It also requires written employment contracts. Minimum WageThe government periodically revises the minimum wage to ensure fair compensation; the current minimum monthly wage is around NPR 17,300. Provident Fund (PF)Both employers … Read more