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Search for "Closure Company Gratuity Retrenchment"


Retrenchment compensation to worker
First of all thanks to cite hr team for accepting my request. i need help regarding retrenchment compensation to worker who works with our organization more than last 10 years. instead of bonus & gratuity what will be the retrenchment compensation incase of closure due to unavoidable circumstances?
Eligibility for getting gratuity amount on retrenchment of an employee
A worker who has completed 3 years continuous services has been issued notice of retrenchment. i would like to know whether he is eligible to get gratuity at the time of retrenchment?
Suggestion for the retrenchment compensation calculation and also suggest the difference between retrenchment and gratuity
Hi all good afternoon i am working in 3p of hul based in gujarat as officerhr due to some reason the company may shut down permanently. please give me a suggestion for the retrenchment compensation calculation and also suggest the difference between retrenchment and gratuity.
Gratuity and retrenchment - can he approach labour court via 33 c2 for retrenchment benefits?
Dear seniors one person was terminated from a company without any notice after a long service of 35 years. he was not paid any gratuity or any other benefits so he approached the labour officer for reinstating and it was informed by the company that he will not be reinstated and the labour officer further directed him to approach gratuity authority for gratuity and labour court for retrenchment benefits. so he approached gratuity authority and the same was ordered. and now can he approach labour court via 33 c 2 for retrenchment benefits.??
Gratuity eligibility
Hi i required some details & clarity for my gratuity eligibility on my current working company details are given below i request someone to give clear picture about gratuity eligibility i have joined in current organisation on 23 may 2012 and with recent information from my hr & management that they closing this bu may be mid of next year 2017 and told to few employees including me that my service will be required till december 2016 as verbal communication to seek job opportunity outside. and they confirmed that they will issue the letter for releaving by october 2016 for 3 months notice period. so i have 4 years 4 months 8 days experience on october and 4 years 7 months 8 days 4 yrs 222 daysexperience if my service till december first i want to know whether i am eligible for gratuity with respect to my service days till december and cause of company making the termination/closure and if at all chance are there for eligibility if i am releaving before december on notice period will they consider my gratuity even not completion of 4 years 222 days? also i want know about retrenchment compensation provided by the companies to employees due to closure of bu or termination how do i approach if they come up with benefits like 15 day of salary x no. of years service? did any chance that employee can ask or revise of retrenchment benefits? please someone give good clarity about the subject and advice thanks in advance for the same regards bkmy
Retrenchment and gratuity benefits - both are eligible or not
Dear seniors would like to know whether an employee is eligible for getting both gratuity benefit and retrenchment benefit if the company retrenches an employee after his/her continuous 5 years of services. if so kindly help me out by providing the exact section as per gratuity act and industrial dispute act. if not he/she will be eligible only for gratuity. awaiting for your response. regards anitha b