Hi All,
Former Finance Minister P. Chidambaram has approved a bill which comes into effect on 01.04.2009, stating that all privately held companies need to give a minimum salary increment of 15% to all employees every six months. This comes as a relief to petitioners appealing against the growing work hours in privately held organizations that do not have a proper system to check overtime. The bill also mentions that all employees should be provided with 20 days of casual leave every year. Please see the attached document for the list of companies that will be brought under the umbrella of the bill in the first round of implementation. If the name of your company features in the list, kindly circulate this email among your colleagues.
With warm regards,
Shyam Sooraj
From India, Mumbai
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Former Finance Minister P. Chidambaram has approved a bill which comes into effect on 01.04.2009, stating that all privately held companies need to give a minimum salary increment of 15% to all employees every six months. This comes as a relief to petitioners appealing against the growing work hours in privately held organizations that do not have a proper system to check overtime. The bill also mentions that all employees should be provided with 20 days of casual leave every year. Please see the attached document for the list of companies that will be brought under the umbrella of the bill in the first round of implementation. If the name of your company features in the list, kindly circulate this email among your colleagues.
With warm regards,
Shyam Sooraj
From India, Mumbai
Acknowledge(0)Amend(0)
Hi dear Saxeena,
"Segregating things according to the priority is the platform of professionalism."
A really excellent notion. Though humor plays a pivotal part in our profession and life, it should not be compromised with situations and seriousness.
With Warm Regards,
SHYAM SOORAJ
From India, Mumbai
Acknowledge(0)Amend(0)
"Segregating things according to the priority is the platform of professionalism."
A really excellent notion. Though humor plays a pivotal part in our profession and life, it should not be compromised with situations and seriousness.
With Warm Regards,
SHYAM SOORAJ
From India, Mumbai
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Employee Benefits.doc
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