Dear Seniors
If the fixed term contract is for 4 months, my understanding is that the contractee is eligible for EPF and ESI (if the establishment is registered under EPF and ESI). Is this correct?
Further, if the contractee is terminated before 4 months, should the employer pay any compensation?
Warm regards
Rittu
From India, Bangalore
If the fixed term contract is for 4 months, my understanding is that the contractee is eligible for EPF and ESI (if the establishment is registered under EPF and ESI). Is this correct?
Further, if the contractee is terminated before 4 months, should the employer pay any compensation?
Warm regards
Rittu
From India, Bangalore
Even if the contract is for one day, the contractee has to to be covered under Pf if hi/her wahes are less than Rs 6500 p m and under ESI if the wages are Rs 15000 or less T Sivasankaran
From India, Chennai
367From India, Chennai
What is the nature of FTC, what are the contract terms, what is the agreed compensation, please let us know to give u specific answer.
From India, Ahmadabad
From India, Ahmadabad
The contract of employment under a fixed term contract (FTC) will stand terminated automatically and in such cases the the termination will not be retrenchment as per section 2(oo)(bb) of the Industrial Disputes Act. In such scenario no compensation is payable to the employee. However, if the contract of employment is terminated before the prefixed date, then obviously, the employee should be given either one month notice or salary in lieu.
Madhu.T.K
From India, Kannur
Madhu.T.K
From India, Kannur
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Fixed Term Contract Employees to get Gratuity.docx
Fixed term employment extended.jpg
Fixed term employment.pdf