Associated Costs

Associated costs are defined in Clause 36 of FairShares Articles of Association. They include the costs associated with a given amount of Pay, such as employer's and employee's National Insurance Contributions (NIC), healthcare, childcare, staff club, and any other benefits deducted from pay. A company may want to add provisions they make for sickness, maternity, paternity and other statutory benefits, and any costs associated with Paye-As-You-Earn income tax.

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