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T & d tool for retention of employees
Hii training & development activities how can become the effective tool for retention of employees as normally it is seen that after getting properly trained & development people move out for better opporchunities. please comment to give solution on this regards yashswa.
Switch over to group gratuity scheme of insurer
Hi can anybody please help me to know how can an employer having its already established selfmanaged gratuity trust fund switch over to group gratuity scheme of insurer? actually i wanted to know the detail process in steps required for this. it would be great help if any body can provide required info. thanks.
Group gratuity scheme/trust - is there any provision to maintain the funds?
We would like to implement group gratuity scheme in our company. our employer would like to keep the funds as like pf trust. fund will be managed by the hr & finance departments. rather than opting 3rd party is there any provision to maintain the funds? if anybody is aware of this please help us.
Calculation sheet of annual premium of lic policy group gratuity scheme
Our policy group gratuity scheme. 1 10 emp. 2 47.30 average age 3 8533.70 average monthly salary 4 20.80 average past service 5 rs.997598 pv of past service benefit 6rs.47264/ current service cost. 7rs.1487271/ total service gratuity. 8 rs.1017827/ accrued gratuity. 9rs.469444 10 rs. 874438/fund value as on renewal date please calculate annual gratuity premium
Gratuity fund establishment
Hi all i am poonam gandhi working for a it company. we have not paid the gratuity to any employees yet. i am in the process to set up the gratuity fund to have good liquidity in terms of funds management. could any of my colleague may help me to implement this in our company.i understand there are schemes framed by the government to set up the gratuity fund. please post me the deailed process. reagrds poonam
Transfer of group gratuity scheme of lic - directors rejected pay
I was an employee of a private limited company whose business is making paper mill machinery from 01062007. on 112011 management of the said co. transferred me to another private limited co. whose business is making paper. directors of the both companies are same and the registered office of the company is in same address but cin no. p.f. esi no. etc are different. i was covered under group gratuity scheme of lic. lic transferred my gratuity fund from fund of the 1st company to fund of the 2nd co. i resigned from 2 nd co. on 02042016. in the mean time 1st co. has been closed. now the directors of the 2no. co. reject to pay the gratuity for the period from 01062007 to 01012011 they show my date of appointment is 02012011. my question is what is my date of appointment 01062007 or 01012011.