Hi, Please tell me, what is the eligibility of retrenchment benefit for workmen and how it is calculated?
From India, undefined
From India, undefined
Dear,
In this case the employee should not resign at his own. Let the employer terminate him. If so, he will be entitled to get termination benefit of 120 days salary and termination benefit of 30 days salary for every completed one year service.
May be the answer is clear.
Regds,
Shahabuddin
Dear Sir,
Please can you revert with the section as you told above regarding termination clause and also is the company is liable for paying CTC or basic salary to amployee if they terminate the to employee.
Please revert.
From India, Mohali
In this case the employee should not resign at his own. Let the employer terminate him. If so, he will be entitled to get termination benefit of 120 days salary and termination benefit of 30 days salary for every completed one year service.
May be the answer is clear.
Regds,
Shahabuddin
Dear Sir,
Please can you revert with the section as you told above regarding termination clause and also is the company is liable for paying CTC or basic salary to amployee if they terminate the to employee.
Please revert.
From India, Mohali
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Published_draft _rules_on Employees_ compensation 3.6.2020.pdf
Compensation Benchmarking Survey.doc