Dear All,
Greetings for the day!!!
I have been employed by a company on 12th of March 2012 and as per the offer letter, both the parties are liable for a notice of 30 days (irrespective of probation).
The company, as doing badly in sales, wishes all the employees to be aligned to direct revenue generation, by changing their roles, for which I have denied and this resulted in my retrenchment, with a notice of 15 days.
As they do not have any policy, in terms of leave encashment, they deny paying me the same.
Also, they do not wish to sign the PF Withdrawal form, till the time I complete my 2 months of cooling period. As far as I know, the employer is supposed to sign the document and return back within two working days, irrespective of the cooling period (Sole responsibility lies with the Employee not the employer). Which is correct?
Also, I would like to understand the below few things:-
Am I eligible to get retrenchment bonus, if yes, for how many days?
Can I ask for leave encashment?
What sections / acts are relevant to this?
Anticipating your earlier response….
Thanks & Regards,
Dikshit T G S.
Greetings for the day!!!
I have been employed by a company on 12th of March 2012 and as per the offer letter, both the parties are liable for a notice of 30 days (irrespective of probation).
The company, as doing badly in sales, wishes all the employees to be aligned to direct revenue generation, by changing their roles, for which I have denied and this resulted in my retrenchment, with a notice of 15 days.
As they do not have any policy, in terms of leave encashment, they deny paying me the same.
Also, they do not wish to sign the PF Withdrawal form, till the time I complete my 2 months of cooling period. As far as I know, the employer is supposed to sign the document and return back within two working days, irrespective of the cooling period (Sole responsibility lies with the Employee not the employer). Which is correct?
Also, I would like to understand the below few things:-
Am I eligible to get retrenchment bonus, if yes, for how many days?
Can I ask for leave encashment?
What sections / acts are relevant to this?
Anticipating your earlier response….
Thanks & Regards,
Dikshit T G S.