Can an educational Institute i.e. conducting Vocational Courses - come under the Companies Act? If so, should employees at least 50% need to be on the payroll? Does a pandemic situation allow it to migrate all its employees to Contract then? Please guide and advise - your help is highly appreciated.
I am a Payroll employee since Jan 2020 at an Educational institute with PF, Gratuity benefits. Now the Management wants to migrate us into Contract for a period of 1 yr due to Pandemic wherein Revenue source has only been course fees. The contract letter contents informed me for eg :-
I am earning Rs 100 p.m -but it is not mentioned as they verbally informed us that 30% pay cut for 2021-2022 ( Rs 30 will not be given at all).
It mentions Rs 70 is what I will earn out of which
Rs 30 - would be given on a monthly basis (no definite time ...it has always been delayed in the past year as well)
Rs 40 - would be based on revenue collection i.e. fees collected from students who are solely dependent on the same, otherwise, the management is not liable to pay me this as well.
In such a scenario, should I accept a Contract letter?
On my own analysis of the situation - I have declined to accept it
1. It has to mention Rs 100 as my original salary and Rs 30 is not being met due to a financial crisis.
2. It has to mention that all employees are not being put on the payroll. (I can't believe this as per the companies act, some need to be on the payroll.)
I would seek advisors' review on this case and to enlighten me further to take further steps and stance towards the management.
thanks in advance.
I am a Payroll employee since Jan 2020 at an Educational institute with PF, Gratuity benefits. Now the Management wants to migrate us into Contract for a period of 1 yr due to Pandemic wherein Revenue source has only been course fees. The contract letter contents informed me for eg :-
I am earning Rs 100 p.m -but it is not mentioned as they verbally informed us that 30% pay cut for 2021-2022 ( Rs 30 will not be given at all).
It mentions Rs 70 is what I will earn out of which
Rs 30 - would be given on a monthly basis (no definite time ...it has always been delayed in the past year as well)
Rs 40 - would be based on revenue collection i.e. fees collected from students who are solely dependent on the same, otherwise, the management is not liable to pay me this as well.
In such a scenario, should I accept a Contract letter?
On my own analysis of the situation - I have declined to accept it
1. It has to mention Rs 100 as my original salary and Rs 30 is not being met due to a financial crisis.
2. It has to mention that all employees are not being put on the payroll. (I can't believe this as per the companies act, some need to be on the payroll.)
I would seek advisors' review on this case and to enlighten me further to take further steps and stance towards the management.
thanks in advance.