I have just resigned from my company because of some family/personal reasons after 10 months of service. I did not give any notice period (one month) to my company. Now, I got an FNF letter saying that I have to pay Rs. 15,000 to the company since I have not served the notice period. In the FNF, the company has considered my 19 PL as Basic Salary for adjustment, and for the notice period amount, they have calculated it as Gross Salary. Is this correct as per Maharashtra Labor Law?
In my appointment letter, it is mentioned that I have to pay one month's salary if I do not give the notice period, but it is not specified whether it should be Gross or Basic. Please suggest me.
Regards,
Sujit
From India, Mumbai
Acknowledge(0)
Amend(0)
In my appointment letter, it is mentioned that I have to pay one month's salary if I do not give the notice period, but it is not specified whether it should be Gross or Basic. Please suggest me.
Regards,
Sujit
From India, Mumbai
Acknowledge(0)Amend(0)
normally, appoint letter clearly says whether it is on basic or gross. If it is simply mentioned as salary, it means gross salary only. pon, chennai
From India, Lucknow
Acknowledge(0)Amend(0)
616From India, Lucknow
Acknowledge(0)Amend(0)
Thank you, pon1965, If it is the gross salary, then how can they consider PL adjustment as the Basic salary? This is also not mentioned anywhere in the Appointment Letter. Is it correct? Please comment.
Thanks once again.
From India, Mumbai
Acknowledge(0)Amend(0)
Thanks once again.
From India, Mumbai
Acknowledge(0)Amend(0)
Recovery Rule Consistency
The rule should be the same for recovery as well. They should consider the gross salary for PL adjustments towards the shortfall. It seems they are trying to exploit you. Explain and express your non-acceptance of the unilateral calculation.
Regards,
Pon
From India, Lucknow
Acknowledge(1)Amend(0)
The rule should be the same for recovery as well. They should consider the gross salary for PL adjustments towards the shortfall. It seems they are trying to exploit you. Explain and express your non-acceptance of the unilateral calculation.
Regards,
Pon
From India, Lucknow
Acknowledge(1)Amend(0)
There are no specific rules for the encashment of leaves. Companies prepare their own rules for this purpose. In most cases, companies process encashment at the time of full and final settlement based on the basic salary only. This is because many employees do not take paid leave and choose to accumulate them for encashment. The accumulation of leave is typically limited to a fixed number, which varies from state to state. Since the benefit of paid leave was not utilized in time, encashment is calculated based on the basic salary.
I hope this information is helpful for you.
Regards.
From India, Delhi
Acknowledge(0)Amend(0)
I hope this information is helpful for you.
Regards.
From India, Delhi
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Appointment Letter to an Employee for fixed period.doc
SALARY SHEET CALCULATION.xls