Dear Senior , Kindly advice as per UP industrial disputes act 1947 - laid off compensation is 50% of Basic & DA to be given to laid off employee during lay off period but as per definition of Wages as per UP industrial disputes act 1947-wages -means all remuneration of caple being expessed including allowance.
kindly advice - laid compensation calculation will be based on Basis +DA or Gross salary for laid employee.
Regrds,
Vishal
From India, Haldwani
30kindly advice - laid compensation calculation will be based on Basis +DA or Gross salary for laid employee.
Regrds,
Vishal
From India, Haldwani
Dear VK,
The Lay Off Compensation shall be paid on that component of Wages which attract regular pay, Usually we pay on Basic + VDA
(Minimum Wages) which is higher and @ 50% of that amount,
Only ESI Contribution will be deducted on that amount,
From India
The Lay Off Compensation shall be paid on that component of Wages which attract regular pay, Usually we pay on Basic + VDA
(Minimum Wages) which is higher and @ 50% of that amount,
Only ESI Contribution will be deducted on that amount,
From India
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Definition - PF Basic Wages - Supreme Court - Brief.pdf