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Salary vs Wage: What You Need to Know and How They Are Determined

Cindy Halida By Cindy Halida

As an employee, you’re probably familiar with the terms salary and wage. But are you aware that these two concepts have significant differences? Understanding the differences between salary and wage is essential for enhancing your knowledge and ensuring that your hard work is rewarded fairly. Don’t hesitate to dig deeper to better understand your rights … Continued

The Danger of Poor Financial Planning to Indonesian Workers

Cindy Halida By Cindy Halida

Poor financial planning can put basic needs like food, housing, and education at risk. Without enough savings, individuals become vulnerable to emergencies and may fall into debt. Financial stress and anxiety can take a toll on mental health and reduce employee productivity. Recognize the importance of solid financial planning for a secure and stable life. … Continued

What is Payroll? Its Purpose, Components, and Example Calculations

Riany By Riany

Managing payroll is a crucial part of a company’s operations. It goes beyond simply paying employees; it involves fulfilling a company’s legal obligations, including taxes and social security contributions. For many businesses, ensuring payroll is accurate and seamless is a challenge that requires careful attention. Errors in payroll management can damage employee trust and lead … Continued

What is a Salary Advance? (With Free Form)

Cindy Halida By Cindy Halida

Some companies provide a salary advance system as part of their efforts to enhance employee welfare. Through this facility, employees can access a portion of their salary in accordance with company policy. This option can be a solution for employees who need funds for urgent needs. On the other hand, companies must carefully manage salary … Continued

Understanding the 2025 Minimum Wage (UMP) Formula

Riany By Riany

As we inch closer to 2025, discussions surrounding Indonesia’s minimum wage are heating up, with labour unions particularly keen on securing a significant raise for workers. The rising cost of living, coupled with a slowdown in economic growth and a widening gap between the haves and have-nots, has fueled workers’ desire for a bigger slice … Continued

The Impact of UU Cipta Kerja on Companies and Workers

Riany By Riany

The recent spate of layoffs has cast a dark cloud over Indonesia’s labour market. Between January and August 2024, the Ministry of Manpower recorded a staggering 46,240 cases of Pemutusan Hubungan Kerja (PHK), or layoffs. This represents a significant uptick compared to previous years. Economists predict that the number could reach 70,000 by the end … Continued

Revealing Grace Tahir’s Success Journey: Golden Advice from Her Father

Cindy Halida By Cindy Halida

Who doesn’t know Grace Tahir? The leading entrepreneur and philanthropist in Indonesia, Grace is well known for her significant roles in financial and social sectors. As founder and CEO of the Tahir Foundation, she dedicated herself to various philanthropic initiatives, including education, health, and community empowerment. Born on December 11, 1976, she is often related … Continued