No Tags Found!

Dear Sir,
Our company employee left the company without notice period so is it compulsory to give him the full & final settlement if no so what can employee against company if yes so what about notice period.
Thanks & Regards
Talib Ansari

From India, Lucknow
Dear Talib Ansari,
What is the Exit clause in your company? Was the employee on probation or was he a confirmed employee? What was the notice period clause mentioned?
Technically, deduct the Notice Period as per the company policy and then pay his F&F (if any balance).
But first you need to be very clear about your companies exit clauses to acertain the Notice Period Pay deductions.
Regards,
Ashutosh Thakre

From India, Mumbai
Hi
When an employee leaves without notice, you should do the following :
1. Send him a notice asking him to come back to work and serve his notice period.
2. If he does not respond, then you need to compute the cost of notice peirod, cost of equipment, etc with him and any other losses caused by him that you are allowed under to recover (ref sec 6 of Payment of Wages Act).
3. Pass entries in accounts debiting the amount to his salary and keep detailed documentation of the same in the file.
4. If there is a balance left after that (from the salary for days worked but not paid), you need to enter that in unpaid wages register. You are not under any obligation to remit the money to him. Let him come and settle (which he will probably not). In fact your notice should say that he needs to pay the notice amount.
5. Please note that after a period of 3 years, the balance amount needs to be paid to the labour welfare fund.

From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.