Resources - Vabaco

HR & Payroll

Guidelines for Participation in the Accumulative Pension System

The primary objective of the accumulative pension system is to enable residents of Georgia to build their own pension savings over the years, which they can access upon reaching retirement age. The implementation of the pension scheme entails adjustments...

HR & Payroll

Employee's Pregnancy and Childbirth

The Labor Code of Georgia specifies the minimum duration for parental leave as outlined in the table below: Pregnancy: Paid leave for 183 calendar days; unpaid leave for 730 calendar days. Complicated Pregnancy: Paid leave for 200 calendar days; unpaid...

HR & Payroll

How to calculate - Accumulated Pension

Georgia’s pension system switched to an accumulative model on January 1, 2019. The accumulative pension scheme involves contributions from the employer, the employee, and the state. Citizens of Georgia (excluding non-residents) and residents will...

Other

Calculating Salary with Pension Contributions: A Guide

Accumulating pension scheme contributions involves monthly calculations based on gross income. Moving forward, income tax will be computed from the remaining amount after deducting the pension contribution. Gross income for an employee encompasses the...

Healthcare Other

It's time for healthcare facilities to embrace electronic health systems (EHR)

Information technology has revolutionized communication across various sectors, including banking, transportation, delivery services, and more, where its usage is increasingly prevalent. In recent years, it’s become evident that companies leveraging...

Healthcare Other

Can the Medical System Cut Costs?

The number of medical facilities that use an electronic health record (EHR) system is on the rise. A simple and comprehensive system can significantly save medical staff time, reduce errors and improve patient relations. While these features benefit clinics...

Other

Understanding Temporary Disability Pay in Georgia

Employees who are temporarily unable to work can receive disability pay from the first day they obtain a doctor’s note. Temporary disability pay is capped at 40 calendar days for the entire period an employee is unable to work, or a maximum of 60...

HR & Payroll Other

How to write a good job description

As an employer, you know the ideal scenario: job seekers meticulously combing through your vacancy announcements. But reality often differs. Studies show the job seekers typically spend just 63 seconds scanning descriptions before deciding on its relevance....

Other

Salary Calculation Problem

Salary Calculation Problems Calculating wages may seem like a simple task, but mistakes that people make are common. These mistakes can be costly and damage a company’s reputation. In this post, we would like to talk about the main challenges facing...