What does QPLC mean?
The variable pay policy in Wipro, which is known as the Quarterly Performance Linked Compensation (QPLC), is decided every year and given to the employees on a quarterly basis. Wipro decides the QPLC of employees based on their level and seniority in the organisation.
What does QPJ mean?
A QPJ file is a GIS map projection file created by QGIS, an open-source, cross-platform GIS application. It contains the coordinate reference system (CRS) and map projection used to transform a 3D representation of the Earth into a 2D plane.
What is QPN?
1. A registered abbreviation for Quantum Private Network, which is a VPN link where session key agreement is based on a QKD protocol.
What is variable pay out?
Variable pay is compensation given to an employee based on the results of their performance. It is usually offered in addition to the employee’s fixed salary and comes in various forms.
What is salary variable pay?
Variable pay refers to the payment made by an employer to its employee for their contribution to the organisation’s growth and success. It is popularly known as performance-linked pay.
What is QPN fuel?
QPN is a limited network fueling program that provides trucking companies and their drivers with some of the highest quality stops available.
How does Nastc fuel card work?
The NASTC fuel card offers carriers access to steep fuel discounts at the stations their drivers prefer to stop. The NASTC freight fuel card is unique in that transactions are computed based on a cost-plus, retail minus, or the marquee price, whichever is better for the purchaser at the time of the sale.
Why is variable pay important?
A primary benefit of variable pay programs for employers is they provide flexibility and allow an organization to reward employees through profit gain rather than operational expenses. Within a profit-sharing plan, for example, a company earmarks a percentage of additional compensation based on its profits.
What is variable pay in HR?
Is CTC and fixed pay same?
Cost to Company or CTC fixed and variable pay is calculated as fixed pay (X% of the package offered) plus variable pay ( 100-X% ). CTC is a composition of the total expenditure of an employee including special allowances, basic pay, and incentives.
Is variable pay part of CTC?
CTC is inclusive of monthly components such as basic pay, various allowances, reimbursements, etc. and annual components such as gratuity, annual variable pay, annual bonus, etc.
Where can I use TVC fuel card?
Use your Fuel Card at any one of more than 15,000 locations across the country, including any major truck stop powered by Expeditor Services. Save an average of $150/week while enjoying the nation’s #1 CDL legal protection that helps you fight tickets.
How does NASTC fuel card work?
What fuel card is best?
WEX Fleet Fuel Cards
WEX tops most lists of best national fleet fuel cards because of its extensive gas station coverage, as well as spending reports, and apps for drivers. It covers 95% of US gas stations.
How much is Nastc membership?
Currently, small trucking companies interested in a NASTC membership must pay an annual fee of $250, as well as other setup and ongoing fees depending on which programs a fleet chooses to access.
What is an example of variable pay?
Variable pay comprises extra wages that you pay to sales employees when they hit certain performance marks or make more sales. For example, if your sales agents earn a certain amount of extra pay every time they make a sale, these additional wages are variable pay.
Who gets variable pay?
Variable pay is one of the five main components of total rewards in any organization and is usually a percentage of fixed pay. Employers typically pay employees variable pay for success related to the personal, team, or company performance.
Is variable pay paid monthly?
Variable pay is the fixed component of your fixed salary that you will not get monthly, but quarterly or yearly.
What is the CTC for 18000 salary?
Annual / Monthly / Weekly / Hourly Converter
If you make ₹ 18,000 per month, your Yearly salary would be ₹ 216,000.
What is the CTC for 15000 salary?
How to calculate CTC from basic salary
| Description | Component of Salary (Per Annum) | Amount |
|---|---|---|
| Medical Reimbursements | 15,000 | |
| Gross Salary | 6,75,000 | |
| Benefits vary from company to company | Medical Insurance | 2000 |
| Provident Fund (12% of Basic) | 57,600 (12% of 4,80,000) |
What is a TVC fuel card?
YOU MAINTAIN CONTROL – YOUR TVC PRO-DRIVER FUEL CARD IS DESIGNED SO THAT MAINTAIN CONTROL OF WHAT YOUR DRIVERS CAN SPEND ON THE CARD AND WHAT ITEMS THEY CAN BUY. ADDITIONAL BENEFITS – YOUR TVC PRO-DRIVER FUEL CARD CAN ALSO BE USED FOR ATM CASH WITHDRAWALS AND MERCHANDISE PURCHASES, WHEREVER MASTERCARD IS ACCEPTED.
How do I activate my TVC card?
Activate. Fund your card online by bank draft, credit card, or via the TVC Pro-Driver mobile app.
Do fuel cards save money?
Buying cheaper petrol and diesel is the central strategy to saving your business money through fuel cards. By driving down the average cost per litre by a few pence can save thousands of pounds in the course of a year. Fuel cards facilitate a number of actions to help this happen.
How do you save diesel fuel?
12 Tips to Improve Diesel Fuel Mileage
- Turn your engine off.
- Use shore power when you can.
- Avoid revving the engine.
- Find your engine’s sweet spot and run with it.
- Use your air conditioner as sparingly as possible.
- Anticipate upcoming traffic lights.
- Maintain an extended following distance.
Which fuel card is best for owner operators?
While all businesses will have different needs, overall, the best fuel card for trucking businesses is the WEX Fleet and Cross Roads card. With its massive network of fuelling stations, and a stellar average discount rate of 15 cents, it can serve fleets of all sizes, making it a great choice for any fleet.