DRChoksey FinServ Interview Questions and Answers

I currently handle a team of 10 full-time employees and 5 contractors.

• I manage a team of 10 full-time employees

• I oversee the work of 5 contractors

• I am responsible for coordinating tasks and projects among the team members

The percentage of bonus deduction varies depending on company policy and individual circumstances.

• Bonus deduction percentages can range from 0% to 50% or more.

• Some companies have a fixed percentage for all employees, while others may have a sliding scale based on performance or salary level.

• Examples: Company A deducts 10% of bonus for all employees, while Company B deducts 20% for employees earning over $100,000.

• Individual circumstances such as tax bracket, benefits package, ...read more

The HR Associate is responsible for handling employee payroll.

• The HR Associate is responsible for processing payroll for all employees in the organization.

• They ensure accurate calculation of wages, deductions, and taxes.

• They may also handle issues related to payroll, such as resolving discrepancies or answering employee inquiries.

• HR Associates may use payroll software to streamline the process and ensure compliance with regulations.

• They work closely with finance and accountin...read more

Form ABCD is a standardized document used for collecting and organizing information in a structured manner.

• Form ABCD typically includes sections for personal information, contact details, educational background, work experience, and references.

• Employers often use Form ABCD during the recruitment process to gather relevant information from job applicants.

• Completing Form ABCD accurately and thoroughly is important for providing a comprehensive overview of one's qualifications a...read more

Grievance refers to a formal complaint or concern raised by an employee regarding their work environment, conditions, or treatment.

• Grievances can include issues related to discrimination, harassment, workload, pay, or management decisions.

• Employees may file a grievance with HR or management to seek resolution or address their concerns.

• HR Associates play a key role in investigating and resolving grievances in accordance with company policies and procedures.

• Effective grievance ...read more

Yes, I have experience working on EPF, ESIC, and LWF portals.

• Managed employee provident fund (EPF) contributions and withdrawals through the EPF portal.

• Processed employee state insurance corporation (ESIC) benefits and claims via the ESIC portal.

• Handled labor welfare fund (LWF) compliance and payments using the LWF portal.