No Tags Found!

Dinesh Divekar

Business Mentor, Consultant And Trainer

Umakanthan53

Labour Law & Hr Consultant

Madhu.T.K

Seasoned Ir Professional

KK

KK!HR

Management Consultancy

Vmlakshminarayanan

Sr.manager - Hr&admin

Saswatabanerjee

Partner - Risk Management

Drsivaglobalhr

Doctor Siva Global Hr

Nanu1953

Ceo-usd Hr Solutions

AU

Aussiejohn

Workplace Assessment And Training

Rkn61

Sr. Hr Manager

NV

Nagarkar Vinayak L

Hr And Employee Relations Consultant

Alok-singh1

Labour Laws & Ir.

NA

Nathrao

Insolvency N Gst Professional

Kumaracme

Hr Manager, A Leading Manufacturing Company

Srivastavacmlal

Master Consultant

NK SUNDARAM

International Corporate Trainer / Hr (od) Consultant

Pan Singh Dangwal

Joint Manager

R.N.Khola

Labour Laws & Ir

Bijay_majumdar

Freelancer In Hr &indirect Taxes For Services Indusrty.

Jeevarathnam

Sr Manager Hr & Compliances

Pvenu1953@gmail.com

Retired Government Servant/advocate

Ommygautam

Plant Hr Head

GL

Glidor

Hr Consultant

Loginmiraclelogistics

Asso.prof.(commerce & Management)

Suresh2511

Labour Consultant

SU

Sudhapradheep

Sr. Executive-hr

Ram K Navaratna

Hr Consultancy

KV

K VETTRIVEL

Human Resources Professional

DI

DilbaghSingh

Sr-executive Hr

HE

Hemagarud

Human Resource Manager

RE

Retukudo

Hr Manager

SH

Shyam1546pms

Bengaluru

HG

Himanshu Gupta

Hr Officer

VP

Veena@gem-paints.com

Senior Executive - Hr

MD

Moses Dhinakar Katari

Assistant Manager - Hr

HA

Hampson

Employee

BB

BBHSMANAGER

Accountant


tanuja@cellulikeindia.com
Hi This Tanuja Kindly guide me on Performance Allowance, as in our company they are deduction 15% under this category. please help me Regards Tanuja HR
From India, Mumbai
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Tajsateesh
Recruitment/talent Acquisition, Career Counselling
Pon1965
Construction
+1 Other

tanuja@cellulikeindia.com
Dear Pon
K let me make it simple in salary break up what all is included apart from
Basic Salary
HRA
PF
ESIC
PT
TA
What else can be deducted, as our company they are deduction 15% more from employees salary in name of Performance Bonus? Is there is any thing such deduction? if so what is the rules.
Regards
Tanuja

From India, Mumbai
pon1965
604

I never come across such type of deduction from the salary towards PA. Perf. Allowance or Performance Linked Incentive is paid to the employee at the end of apprisal period. Pon
From India, Lucknow
tajsateesh
1637

Hello Tanuja,
Pon is right.
You too are a HR professional.
Pl confirm--as per YOUR understanding--the route/path of payments for any 'Bonus' or 'Incentive'--whatever be the reason for such a payment [performance, festival, etc]: will it be from Employee-->Company OR Company-->Employee?
Pl elaborate your query with some clarity & the Forum members are sure to give you the right suggestion(s).
Rgds,
TS

From India, Hyderabad
secuturebureau
8

What the originator of this discussion means I think is that a person's salary has been fixed at 10000/-. What the company is doing is that it is paying 8500/- (85% of agreed salary) and retaining 1500/-(15% of agreed salary) every month which will be released to the employee on a so called "satisfactory performance" at the end of the assessment period, let us say 12 months then the person would have received 8500x12=10,2000/- and will be paid the balance 1500x12=18000/- if performance found "satisfactory". If "not satisfactory" the concerned person will be shown the door and denied this balance payment.This is a totally unfair practice and totally non-professional behaviour by the employer, but unfortunately this is a practice in a number of companies in this country though it is a kind of misconduct on the part of the employer. Trust my inference of the issue raised by originally by Tanuja is correct.
Regards,
UG

From India, Bangalore
If You Are Knowledgeable About Any Fact, Resource or Experience Related to This Topic and Want to Be Part of our support system - Please Register and Log In to CiteHR.




About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2023 CiteHRŽ

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server