Thread Started by #Anonymous

If employee took a loan and repayment is still pending, during which she went on a paternity leave, is there a possibility for a loan amount to be adjusted against the maternity pay and once the recovery is done, maternity pay can start as per the remaining time period and money due. Kindly let me know.
11th September 2018 From India, Mumbai
She went on a paternity leave -??? Maternity/Paternity?
When loan has been taken then any document prepared how the loan repayment will be done? If not done please create SOP how loan recovery to be done
If done then please recover dues as per that plan only
Please ensure you do not club maternity benefit with loan...
11th September 2018 From India, Pune
my bad i mean to say maternity leave.
11th September 2018 From India, Mumbai
if there is no SOP made for Loan recovery, still can Loan amount be adjusted in maternity pay?
11th September 2018 From India, Mumbai
Maternity leave cannot be adjusted with recoveries.
Be careful as during inspection by labour or audit,less payment will get pointed out.
11th September 2018 From India, Pune
Dear Friend,
Please go through the payment of wages Act, the Act provide for deductions. You can plan your deductions accordingly. Salary during maternity leave is also a salary.
Warm Regards
Bharat Gera
HR Consultant
12th September 2018 From India, Thane
Dear Colleague,
You are obliged to pay full maternity benefit during maternity leave without any deduction towards loan repayment.
Vinayak Nagarkar
HR- Consultant
12th September 2018 From India, Mumbai
Mr.Bharat Get has correctly pointed you the relevant act. Please do not deduct anything unless authorised by law. Even in cases employee has agreed earlier it might be unlawful as per act.
15th September 2018 From India, Mumbai
Maternity pay cannot be adjusted against any loan. Loan is a debt and such pays are a kind of special allowance which companies provide to its employees.
For more HR related advice please check my YouTube Channel, I have strong believe you will find it useful. Good Luck
15th September 2018 From India, Delhi
Reply (Add What You Know) Start New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2017 Cite.Co™