There was theft happened at my home at 2:30 AM in the mid night from my home. In this theft attempt my company's Issued laptop also stolen by thieves.
On same morning I logged FIR against theft attempt at my home and FIR copy also submit to my office.
Now company deducting the cost of laptop from my salary, In the meantime my reporting manager help me and tried to get insurance claim regarding loss. Now insurance company is ready to pay the compensation of my loss.
My question in such situation employer has right to deduct the cost of lost laptop from my salary.

From India, New Delhi

Prepare youself for senior leadership roles by discovering your unique leadership style →
Promoted: UCLA - Executive Leadership in a VUCA World (Explore Course)
I think that the compensation likely to be paid by the insurer would be on the depreciated value of the laptop only. Therefore, the employer can only recover the balance from you or otherwise magnanimously leave it.
From India, Salem
Dear Anony,
Their is no standard policy that organizations follow in cases of laptop theft. As laptop is a company property given to an employee; employee is liable to bear the loss if any due to theft etc unless the same is insured by the organization. However an important point to note here is, how old was the laptop? The recovery if made from the employee has to be on the depreciated value of the laptop and not on actual buying price.

From India, Delhi

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.

Please Login To Add Reply →

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

All rights reserved @ 2021 CiteHR.Comô

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