Hi
Can any labour laws specialist help me know this ?
What is the number of days within which salary must be paid to employees after completion of a month ?
Now-a-days salary is deposited in bank account directly. Is there any ruling which says within 7 days or 10 days after completion of a month salary must be processed ? Please let me know what is the maximum staff strength limit to decide whether salary should be released in 7 days or 10 days.
Does it mean within 7 days the company must release salary or by the end of 7th day it must be realised in the hands of the employee(read bank account) ?
Sometimes company releases salary on 7th day but it actually reached in the employees' account on 10th day only, due to various reasons.
Please reply ASAP.
Generally my threads go with zero response but I hope this is going to get the required answer.:icon1:
Thanks in advance...
With warm regards
Geeta
Can any labour laws specialist help me know this ?
What is the number of days within which salary must be paid to employees after completion of a month ?
Now-a-days salary is deposited in bank account directly. Is there any ruling which says within 7 days or 10 days after completion of a month salary must be processed ? Please let me know what is the maximum staff strength limit to decide whether salary should be released in 7 days or 10 days.
Does it mean within 7 days the company must release salary or by the end of 7th day it must be realised in the hands of the employee(read bank account) ?
Sometimes company releases salary on 7th day but it actually reached in the employees' account on 10th day only, due to various reasons.
Please reply ASAP.
Generally my threads go with zero response but I hope this is going to get the required answer.:icon1:
Thanks in advance...
With warm regards
Geeta