Dear All
I am employed in limited co. In my CTC, they have shown Rs 4500/- p.m. annualised Rs 54000/- as a Performance Award (P.A.)for the year 2009-10. Now I am on probation & I am resigining. The said P.A. is not paid in monthly salary but the general policy of the co is to pay P.A. after the year is over. The HR says that PA is based on the performance of co & the performance of employee as well, the amount may vary so it may go up or may go down also. But all these things are not mentioned in my appointment letter i.e. applointment letter is silent i.e. it doen't specify this variation clause anywhere, it does'nt say that it is performance based & thus could even be zero. Similarly it is not mentioned anywhere that if the person leaves the co during his probation or before the year end, he will not be eligible to get PA.
So my question is once the amount is shown in CTC without any condition, can company refuse to pay it. In my case I feel that the co will not pay this PA to me.
Thanks in advance
I am working in one Limited Company. In my salary, my BASIC is 10200/- So the company is deducting Rs 1224/- i.e. 12% on basic as my contribution to PF
Now I would like to know what is the rule for EMPLOYER'S Contribution. Somebody told me that for Employer's contribution there is a celing of Rs 6500/- i.e. eventhough my Basic is 10200/- co will contribute only Rs 780/- (i.e. 12% of Rs 6500/-)
Is it true or can company contribute equivalent to my contribution.
In my CTC, the co has shown Rs 1224/- as its contribution also. So both are contributing 12% but how do I check the co's contribution & whther there is really ceiling of Rs 6500/- & if yes then co. cannot show Rs 1224/- as part of my CTC & should only show Rs 780/-
Thanks in advance
It is submitted that a central Govt employee was on casual leave. there was some dispute with his neighbours. An FIR Under Section 452, 254, 506, 323 was lodged against him. What kind of disciplinary action has to be taken by the Govt Department ?
We have applied for transfer of factory licence in our name for factory situated in Maharashtra, West Bengal and Delhi. But even after follow-up with the authority for 8 to 10 months and submission of all required documents thay are not transfering license in our name. Is thare any provision under Factories Act that if they do not transfer within specified time from the date of our application then it will be considered as deemed approval for transfer. Please advise.
Hello,
i have a query,i have resigned from my current employer. As per my offer letter in case of resign "A candidate has to serve for three months or has to pay three month basic salary".
Now in my case i have given them only one month time in my resignation latter and i am not in condition to serve for all three months,where the company is forcing me to serve the entire 3 months period.
Is there any way through which i can get release in month month only by paying 2 month basic salary to them.
thanks.
If the minimum time for promoting an employee in a company is 4 years if his CR written by his boss is outstanding. Can an employee be not promoted even after working 6 or 7 years in case when his working is good & no warning is given to him for his work ?
Is Minimum waged covers contractual labour even.
if possible than please if someone can send me good complete article on Minimum wages Ac or contractual labour.
Thanks a lot
Ravi.
Hi friend s please help me employment bond for 2 years is it valid or not please with case laws.
wat r the consequences of non renewal of factory licence and penal provision for the same
Wages during lock out
Sir,
If a factory or establishment is locked out for a year or two, can the workmen claim wages.
Is there any provision in law, that only if the lock out is illegal, workmen will get their benefits.
Whether the workers will have to wait till the decision of the lockout is illegal
Saravanan