No Tags Found!


binodbm
An employee after being fired from his company can he expect incentive from the company during final settlement?
The employee worked for the company for 2years and 352 days. The company wanted to cut down manpower so decided to retrench man power. What are the options to explore to get your incentives and gratuity?
Regards,

From India, Kolkata
umakanthan53
6018

Since the total length of service rendered in the establishment on the date of retrenchment falls well-below the minimum qualifying period of service of 5 years, the retrenched employee is not statutorily eligible for gratuity.
As regards incentive, if the incentive is production-linked or performance- based, well, the retrenched employee is entitled to such incentive.

From India, Salem
saiconsult
1899

By incentive, do you mean retrenchment compensation or any other monitory benefit ? B.Saikumar ,
From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.