Contract appointment - salary payment query Dear All we are a private ltd company and have employed an IT engineer on contract basis 1 year at a salary of Rs. 15000/ kindly provide me inputs on the[..] 1 Replies
Bonus act update Per amendment to the Payment of Bonus Act 1965 all employees drawing a basic salary Base Pay of less than or equal to Rs.10000/ per month are eligible for Bonus for the[..] 18 Replies
Contract labour dear sirs we are one of the garment manufacturing concern. In our town direct employee is not easily available particularly the people directly involved in production process. workers are available only through so called contractors.no[..] 1 Replies
Bonus payment to contract employee Dear all CHR member Here I am confronting with legal issue of bonus payment to contractor employee if someone have any idea please share with us. Anil9931443161 3 Replies
Difference between outsourced employee and contract employee Hi plz suggest me regarding difference between outsourced and contract employee. Is there any statutory compliance is to be done when employee is outsourced?Is outsourced employee comes under provisions of contract labour act? 1 Replies
Pls guide mw wheather I can paid PF, ESI ect base on actual payment by contractor instead of notional method by including it in agreed rate structure. wheather ther is any provision to include it in agreed rate structure. I want that contractor should pay the laboure what the Company is paying him and reduce cost by prevailing / not paying to contractor which he avoid by keeping low basic & DA.
Your question not clear, but as per my knowledge you can not dicreege or increage the rates of statutory once it is agreed and both of them singned on copy. To reduce cost cutting you can reduce the manpower not the statutory rates.
