Understanding Lay-off, Lockout, Retrenchment, and Factory Closing
What is the meaning of lay-off, lockout, retrenchment, and factory closing? I referred to books, but I can't understand. Please clarify: in the case of lay-off and lockout, does the employer have to pay, and if yes, what percentage after reopening? Are there any options available? Some companies pay differently for lay-off, but for a lockout, they do not pay. Is this correct, sir?
Salary Entitlement During Suspension
If an operator is under suspension pending investigation, are they entitled to 50% salary from basic + DA or gross salary for up to 90 days? Is this correct, sir?
For the period between 90 days and 150 days, should the operator receive 75% salary from basic + DA or gross salary? Is this correct, sir?
After 150 days, should the operator receive 100% salary from basic + DA or gross salary? Is this correct, sir?
Please help with my queries.
Regards, Jagan
From India, Pune
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5What is the meaning of lay-off, lockout, retrenchment, and factory closing? I referred to books, but I can't understand. Please clarify: in the case of lay-off and lockout, does the employer have to pay, and if yes, what percentage after reopening? Are there any options available? Some companies pay differently for lay-off, but for a lockout, they do not pay. Is this correct, sir?
Salary Entitlement During Suspension
If an operator is under suspension pending investigation, are they entitled to 50% salary from basic + DA or gross salary for up to 90 days? Is this correct, sir?
For the period between 90 days and 150 days, should the operator receive 75% salary from basic + DA or gross salary? Is this correct, sir?
After 150 days, should the operator receive 100% salary from basic + DA or gross salary? Is this correct, sir?
Please help with my queries.
Regards, Jagan
From India, Pune
Acknowledge(0)Amend(0)
Understanding Employment Terms
What is the meaning of lay-off? Workmen are advised to leave the job due to the unavailability of work for a temporary period.
Lockout
Business is closed for a temporary period due to no business.
Retrenchment
The junior-most workman is advised to leave the job permanently due to the unavailability of work.
Factory Closing
Permanently closing factory premises for working. I referred to books but I can't understand. Please help.
Payment Obligations During Lay-off and Lockout
In the case of lay-off and lockout, does the employer have to pay, and what percentage is to be paid after reopening? In the case of lay-off, it should be as per the Settlement or as per ID Act provisions. Some companies may have different methods of payment for lay-off, while lockout may not involve payment. Is this correct?
Salary During Suspension
One operator is under suspension pending investigation, up to 90 days paying 50% salary from basic + DA or gross salary. Is this correct? After 90 days to 150 days, paying 75% salary from basic + DA or gross salary. Is this correct? After 180 days, paying 100% salary from basic + DA or gross salary. Is this correct?
Please help with my queries.
Regards, Jagan
From India, Pune
Acknowledge(0)Amend(0)
What is the meaning of lay-off? Workmen are advised to leave the job due to the unavailability of work for a temporary period.
Lockout
Business is closed for a temporary period due to no business.
Retrenchment
The junior-most workman is advised to leave the job permanently due to the unavailability of work.
Factory Closing
Permanently closing factory premises for working. I referred to books but I can't understand. Please help.
Payment Obligations During Lay-off and Lockout
In the case of lay-off and lockout, does the employer have to pay, and what percentage is to be paid after reopening? In the case of lay-off, it should be as per the Settlement or as per ID Act provisions. Some companies may have different methods of payment for lay-off, while lockout may not involve payment. Is this correct?
Salary During Suspension
One operator is under suspension pending investigation, up to 90 days paying 50% salary from basic + DA or gross salary. Is this correct? After 90 days to 150 days, paying 75% salary from basic + DA or gross salary. Is this correct? After 180 days, paying 100% salary from basic + DA or gross salary. Is this correct?
Please help with my queries.
Regards, Jagan
From India, Pune
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EMPLOYEES' COMPENSATION ACT - IMP- PROVISIONS IN TELUGU VERSION.pdf