Dinesh Divekar
Business Mentor, Consultant And Trainer
Hr Executive

Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
Hi All,
Hope All are you doing well !
Kindly draft me a mail or suggest me criteria as at my work place if employee's will damage company property so what should be penalty for them .
we need some suggestion from all of you.

From India, Noida
Dear Minakshi,
If the damage to the company property was discovered then you need to conduct the fact-finding enquiry. Have you done that? While conducting the enquiry, following factors need to be considered:
a) Who was involved in the damage? Was it only one person or more than one person?
b) Was there transgression of laid down procedure or SOP?
c) The person who has caused the damage, was he capable to handle the job or task? Did he know that under what circumstances, the company property gets damaged?
d) Were there similar instances in the past?
While recovery of the damaged property, take into account the depreciation of the property. Secondly, while levying the penalty, make sure that you divide the penalty amounts in those many instalments so that the employee(s) get(s) at least 50% of his take home salary.
Dinesh Divekar

From India, Bangalore
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2020 Cite.Co™