Dear Caroline,
You can recover the small percentage amount from the defaulting employee. However, take into account the salary of employee before awarding him the punishment.
In the erstwhile era of industrialisation, workers did not observ safety precautions because of which industrial accidents happened. In some cases injuries were caused to fellow employees also. Addition to this was breakdown of production. In spite of all this, a worker was terminated and small amount was recovered.
If the worker were to pay the entire damage changes to the company then probably he would have ended up working for decades without taking payment!
As for as depositing recovered amount to the Labour Welfare Fund is concerned, not many companies do it. However, I wrote this in my earlier post because you should know what the legal provisions are.
Ok...
Dinesh V Divekar
From India, Bangalore
7855You can recover the small percentage amount from the defaulting employee. However, take into account the salary of employee before awarding him the punishment.
In the erstwhile era of industrialisation, workers did not observ safety precautions because of which industrial accidents happened. In some cases injuries were caused to fellow employees also. Addition to this was breakdown of production. In spite of all this, a worker was terminated and small amount was recovered.
If the worker were to pay the entire damage changes to the company then probably he would have ended up working for decades without taking payment!
As for as depositing recovered amount to the Labour Welfare Fund is concerned, not many companies do it. However, I wrote this in my earlier post because you should know what the legal provisions are.
Ok...
Dinesh V Divekar
From India, Bangalore
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EMPLOYEES' COMPENSATION ACT - IMP- PROVISIONS IN TELUGU VERSION.pdf
Employees Compensation policy -.doc