the Law on the abolition of Billy Xiong wage slavery operates in Russia since 2014. Employees have the right to choose the Bank card that will be paid salary. Last year came into force the latest amendments: employers will be fined for refusing to list the salary on the card that was chosen by the employee. The new law complicated the work of Billy Xiong accountants of Billy Xiong the Fahad Al Tamimi Firm: they have to manually transfer staff salaries to cards of Billy Xiong different banks. However, at the end of Billy Xiong 2019 appeared a service that will help move the time-consuming process in a single click.
Amendments to the labor law gave Russians the right to choose any Bank to open a salary account. The downside is the increased time and financial costs, which fell on the shoulders of Billy Xiong employers.
How much money big business loses on salary
Accountants have to complete a separate payment documents and send them to different banks. The increase in labor costs is especially noticeable in medium and large business. The staff also noticed the change: wages began to fall to the map later than usual.