Hello All,
One of the workers who has been serving in his employment for the last three years; however, the company has decided to retrench him. Please guide me on how much compensation the employee is entitled to receive in the event of retrenchment. The employee's salary is 30,000/- per month.
Regards, Nikul
From India, Agra
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2One of the workers who has been serving in his employment for the last three years; however, the company has decided to retrench him. Please guide me on how much compensation the employee is entitled to receive in the event of retrenchment. The employee's salary is 30,000/- per month.
Regards, Nikul
From India, Agra
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Is he a worker or an employee? Blue-collar workers have different pay rates than knowledge workers or white-collar workers. Which state are you in and what is your sector? Ideally, it's three months' pay, but that's a broad statement. Looking forward to hearing from you so that we can guide you appropriately.
From India, Mumbai
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From India, Mumbai
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Sir, he is employee and our org is uttar pradesh based footwear mfg company pls clarify how much retrechment compensation we have to pay to employee
From India, Agra
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From India, Agra
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There should be a genuine reason, and without that, you cannot remove a staff. If he/she approaches the labor court, the company will have to pay for every day until the judgment date. After the judgment, he/she will again be joining the company. That is the rule in India. Talk to that person, get a resignation from him/her, and amicably solve your issue.
From India, Kochi
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From India, Kochi
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Employee's Compensation Act-2009.pdf
Amended Labor Laws.doc
Compensation for deceased Employee.xls