We are a small export-house manufacturing Leather Handbags and Artificial Jewellery in New Delhi
Currently we do not have much orders so we are planning to layoff certain employees.
My queries are
1, If we layoff employees, do we have to pay both Service Compensation and Gratuity if the employee has been continuously employed for 5 years or more
2. If any employee is employed for 4 years and 4 months, what do we have to pay them? : Service Compensation or Gratuity or both
3. If any employee is employed for less than a year, do we have to pay Service Compensation ?
4. Please can we have a service compensation calculation or do we have to follow the same calculation as Gratuity
5. Can we have documents supporting rules, laws and orders passed to support the decision.
Thanks
attribution
https://www.citehr.com/312022-servic...#ixzz3Etfdebew