If an employee took a loan and repayment is still pending while she went on paternity leave, is it possible for the loan amount to be adjusted against the maternity pay? Once the recovery is complete, can the maternity pay start based on the remaining time period and money due? Please advise.
From India, Mumbai
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From India, Mumbai
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She went on a paternity leave - Maternity/Paternity?
When a loan has been taken, is any document prepared on how the loan repayment will be done? If not, please create an SOP on how loan recovery will be conducted. If already prepared, please recover dues as per that plan only. Please ensure that maternity benefits are not combined with the loan.
From India, Pune
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470When a loan has been taken, is any document prepared on how the loan repayment will be done? If not, please create an SOP on how loan recovery will be conducted. If already prepared, please recover dues as per that plan only. Please ensure that maternity benefits are not combined with the loan.
From India, Pune
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if there is no SOP made for Loan recovery, still can Loan amount be adjusted in maternity pay?
From India, Mumbai
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From India, Mumbai
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Maternity leave cannot be adjusted with recoveries. Be careful as during inspection by labour or audit,less payment will get pointed out.
From India, Pune
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From India, Pune
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Dear Friend,
Please go through the Payment of Wages Act. The Act provides for deductions. You can plan your deductions accordingly. Salary during maternity leave is also considered a salary.
Warm Regards,
Bharat Gera
HR Consultant
932240476
From India, Thane
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Please go through the Payment of Wages Act. The Act provides for deductions. You can plan your deductions accordingly. Salary during maternity leave is also considered a salary.
Warm Regards,
Bharat Gera
HR Consultant
932240476
From India, Thane
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Dear Colleague, You are obliged to pay full maternity benefit during maternity leave without any deduction towards loan repayment. Regards, Vinayak Nagarkar HR- Consultant
From India, Mumbai
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From India, Mumbai
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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.
From India, Mumbai
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From India, Mumbai
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Maternity pay cannot be adjusted against any loan. A loan is a debt, and such payments are a kind of special allowance that companies provide to their employees.
For more HR-related advice, please check out my YouTube Channel. I strongly believe you will find it useful. Good luck.
From India, Delhi
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For more HR-related advice, please check out my YouTube Channel. I strongly believe you will find it useful. Good luck.
From India, Delhi
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