This is a difficult time. as humans, for all of us but as business, it is more difficult for the "businessmen" and HR dept, and Finance dept.

When there is no production, no sale, how can there is collection or profit, and how will the entrepreneur pay 100% salary to 100% workers and 100% staff....

Senior and well paid Employees must have sympathy with their employer.

Both must work together, so that the bottom rung of workers, and junior staff gets to meet both ends

So,

Some of us have made this a guiding policy... hope it helps sensitise others. yes, I fully agree... all of will be safer and richer, if the companies continue... if the proprietor is fleeced, nothing will be left.

so,

Guiding Policy for "Voluntary Salary Renunciation"

Upto 25K = nil

25 to 50K = 30%

50 to 100K = 40%

100k onwards = 50%

Model Letters/ emails 1

As my contribution to my company, that is my source of living, I seek to forego 30% of my Gross Salary from 21st March 2020 to 30th June 2020. ( around 3 months)

Kindly take this as my contribution for the benefit of the workers who are much poorer than me and need to be helped at this point of time.

Model Letters/ emails 2

As my contribution to my company, during Corona crisis, I seek to forego Rs 10000 p.m. from my Gross Salary from 21st March 2020 to 30th June 2020. ( around 3 months )

Kindly take this as my contribution for the benefit of the workers who are much poorer than me and need to be helped at this point of time.

Model Letters/ emails 3

As my contribution to my company, during Corona crisis, I seek to go on Leave, by utilising my Earned Leaves. From ___ to ____.

Kindly take this as my contribution for the benefit of the workers who are much poorer than me and need to be helped at this point of time.

Model Letters/ emails 4

As my contribution to help in payment of salary to workers in our factory, and to help my company, during Corona crisis, I seek to waive 30% ( or ___ %) of my Salary From ___ to ____.

I fully understand that my salary shall restore back to existing from 1st July 2020.

Model Letters/ emails 5

As my contribution to help in payment of salary to workers in our factory, and to help my company, during Corona crisis, I seek to go on Leave without pay From ___ to ____.

#Salary Reduction, #No salary reduction, #voluntary salary renunciation

From India, New Delhi

Get Dual Certificates from IIM Shillong and SHRM →
Promoted: IIM Shillong - PG Certification in Human Resource Management (Explore Course)
Upto 25K = nil. ( no reduction )
25 to 50K = 10% to 30% ( voluntary reduction )
50 to 100K = 40% ( voluntary reduction )
100k onwards = 50% ( voluntary reduction )
#Salary during Corona,
#No salary reduction,
#voluntary salary renunciation
Towards a Stronger India

From India, New Delhi
Anonymous
2

A smaller one line message can be Dear Sir, I waive __% from my salary for month of ____ 2020. This is due to Corona / Covid19 loss. regards, XYZ
From India, New Delhi
Anonymous
Dear Sir, I waive 15% from my salary for month of May 2020. regards, Lavkesh Sharma Finsys Infotech Limited Faridabad (Haryana)
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