What is Salary Advances? | Meaning & Definition | Akrivia HCM

Salary Advances are pay bonuses given to employees on a targeted basis. They plan and implement a regular monthly salary advance to the specified employee once per month. It allows the client to avoid cash flow problems due to the amount of money usually advanced at one time. Working hard with the human resources department, the Loan Consultant will develop proposals for officers who require additional funds at their discretion.

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