DIFF; Between Retrenchment & Layoff

atul_kudhuliya
Dear Madhu Sir can i know 1.whether lay off/retrenchment comp should be calculated on 26 or 30 days?and i also want to know what constitute wages while calculating retrenchment compansation. Regards Atul
amrishkota
i am management student . i want to help for project report in Hr field ,a primary sudy on primary research , any of corporte sectore in indian
jayavishali
Dear mathu sir, Thanks 4 ur reply.now i'm clearly understand retrenchement and layoff.can u explain me what's functions of hr department. Warm regards, Jayanthi.A
Madhu.T.K
Retrenchment/ lay off compensation may be calculated on daily average arrived at by dividing monthly salary by 26. Salary/ wage for this purpose means basic salary plus dearness allowance. Any function which involves maintaining employee employer relationship right from recruitment till retrenchment shall be HR function. Therefore, identifying man power requirement, recruitment, selection, placing, training & development, performance appraisal, promotion, grievance handling, redressal of disputes, wage and compensation management, trade union negotiation, implementing welfare measures, management of absenteeism, preventing sexual harassment at workplace, implementing statutory requirements, taking disciplinary action, conducting domestic enquiry etc etc come under the HR. Regards, Madhu.T.K
karnarun
Hi,As per the above statement, i am 100% agree with Madhu, in case of Retrenchment we cutr the name of person from muster roll and in case of lay off we keep the name of employee on muster roll. or one can say permanently delete the name and in second case temporarely suspend the name.RegardsArun
Vijayender chandel
Dear Madhu T.K,
Whether there is need of permission for retrenchment and layoff if manpower is less than 100. Further, Which 100 manpower will be calculated i.e(100 on muster roll or 100 on factory license)?
Regards,
Vijayender
priti.hrmanager
Can you please let me know ?? if a manufacturing unit, total manpower is less than 20, then retrenchment is eligible for employee or not ?? if factory is going to close. Because company agree to pay only one month salary in advance.
Need urgent reply about this.
Regards
Priti
9911964471
E: prit85barnwal@gmail.com
Harry2512
whatever definations are given by seniors is a bookish languags which is a bit tuf to understand moreover they are simply not cleared
i want to have a clear understanding of difference between these two from the practical approach or in a simple language.
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