Hi all
As a case study a private ltd co. with 150 employees in Tamil Nadu wants to introduce a Voluntary reirement scheme. Our queries our
1. Is there a 'model' VRS scheme draft?
2. What are the safeguards / permissions we should take before introduction of the scheme?
3. How do we ensure that the 'target' group employees take the scheme.
4. How do we ensure some employees do not take the VRS / Can we reject VRS offer of some and accept of others?
5. What are the legal payments i.e. Gratutity / PF etc.
6. What is an 'idea' VRS compensation formula?
Thanks
Leges
As a case study a private ltd co. with 150 employees in Tamil Nadu wants to introduce a Voluntary reirement scheme. Our queries our
1. Is there a 'model' VRS scheme draft?
2. What are the safeguards / permissions we should take before introduction of the scheme?
3. How do we ensure that the 'target' group employees take the scheme.
4. How do we ensure some employees do not take the VRS / Can we reject VRS offer of some and accept of others?
5. What are the legal payments i.e. Gratutity / PF etc.
6. What is an 'idea' VRS compensation formula?
Thanks
Leges