Hi All,
My company (Telecom Product Development Company) is planning to retrench 20 people. Please let me know:
1. The retrenchment process.
2. Do we need to pay Severance pay?
3. Do I need to send a notice to the Government Body?
4. What would be the retrenchment amount I need to pay to the employee, and how do I calculate it?
Kindly treat this as urgent and revert ASAP.
Freda
HR
From India, Bangalore
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My company (Telecom Product Development Company) is planning to retrench 20 people. Please let me know:
1. The retrenchment process.
2. Do we need to pay Severance pay?
3. Do I need to send a notice to the Government Body?
4. What would be the retrenchment amount I need to pay to the employee, and how do I calculate it?
Kindly treat this as urgent and revert ASAP.
Freda
HR
From India, Bangalore
Acknowledge(0)Amend(0)
Dear all,
Could anyone help me by providing a retrenchment policy and retrenchment calculation model for both workmen and executives? Please send the details to my email id bsklinkesh@yahoo.com.
Thank you, and I look forward to your valuable guidance.
Regards,
B. Saravanakumar
From India, Mumbai
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1Could anyone help me by providing a retrenchment policy and retrenchment calculation model for both workmen and executives? Please send the details to my email id bsklinkesh@yahoo.com.
Thank you, and I look forward to your valuable guidance.
Regards,
B. Saravanakumar
From India, Mumbai
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Employee reference policy.doc
Termination Policy _Appointment Letter.jpg