It is illegal to hold any part of the salary of the employees as security deposit.
From India, Kannur
Acknowledge(0)
Amend(0)
Join Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
Managing employee security deposits: policies and best practices My company asks all employees to enter into an agreement upon joining. they request a two month salary as a security deposit. this deposit is to be refunded once the... 5 Replies0 Files4 Participants
Employee equipment management and security deposit practices discussion Hi my company is providing laptops and blackberry phones to all rm level and above employees. do companies retain some security amount for people during the probation period or even... 3 Replies0 Files4 Participants
Employee not agreeing to rules of organisation - security deposit Hi all we are a medium scale manufacturing company of engineering materials. one employee joined our organization on the 17th of july. at the time of his joining and during... 11 Replies0 Files9 Participants