404 - The content no longer exists on our network.

But we found simillar discussions which you may find interesting... please review them below.

Search for "Reduction Basic Pay Affect Gratuity"


Pay reduction: what are the ways in which pay reduction shall be done which shall be legally valid?
Pay reduction: what are the ways in which pay reduction shall be done which shall be legally valid? a is business slow down / recession in the industry shall be cited as the reason for pay cut. whether officially the reduction in pay particulars should be intimated to employees by issuing letter? is forced leave without pay an option? if so to what extent this can be done say 50 of the monthly working days is it possible whether salary can be reduced without allowing accumulation booking in accounts for future payment purely on business slowdown. whether government officials such as inspector of factories should be officially communicated or just employee consent letter for pay reduction is sufficient. this is for manufacturing unit.
Basic salary reduction badly impacts my gratuity and other benefits?
Dear sir my basic salary was 15943 monthly till march 2022 but after appraisal in apr 2022 basic salary was reduced 11451 can company reduce basic salary once given a level company hr said your grade senior executive to assistant manager has been changed in apr 2022 so as per new salary structure your basic salary reduced basic salary reduction badly impacts my gratuity and other benefits difference amount added in other components my previous ctc was 327000 and the new 401254
Faced disciplinary action, and as a result, a penalty was imposed on me reduction to 2 stages
I am working in maharashtra gramin bank as an assistant in dec.2009 i faced disciplinary action and as a result a penalty was imposed on me reduction to 2 stages with cumulative effect and a reduction to 1 stage without cumulative effect all punishments shall run concurrently as a result my basic pay reduced 11680 from 13210 in dec 2012 my basic pay restored 13210 my date of increment is 1st february my query is the restoration of my basic pay in december 2012 is right or it is right to restore in february 2012 i need advice from the relevant knowledgeable person. thanking you.
Does loss of pay have any impact on pf/esi contribution?
Friends please clarify my doubt. 1. due to loss of pay when there is salary reduction should the pf and esi contribution be reduced accordingly? 2. when there is loss of pay where do these reduction reflect? only in basic and da? or should it be equally deducted from all salary components basic da hra allowances incentives etc. with equal proportion? waiting for your relies. regards shijit.
Gratuity on which salary - since last year we're having a 30% salary reduction
Hello one of our employees resigned this week. he worked for us for 6 years. since last year we re having a 30 salary reduction. so in this case the gratuity needs to be paid on the actual salary or on salary reduction? please advice. thank you
Basic reduction
Dear all i was one year at that time in my slip was 10100. now this year they me as a now i the they are 6500. is any rule that they can the