Hi All,
My question is, if a company opens accounts for all its employees and pays salaries by transferring the amount to their respective accounts, is it necessary for the salary register to be signed by each employee? Additionally, do employees receive salary slips?
I am hoping for some insightful responses from you, friends.
Thanks,
From India, Surat
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2My question is, if a company opens accounts for all its employees and pays salaries by transferring the amount to their respective accounts, is it necessary for the salary register to be signed by each employee? Additionally, do employees receive salary slips?
I am hoping for some insightful responses from you, friends.
Thanks,
From India, Surat
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Instead of getting the signatures of employees, put the relevant account numbers. This will suffice the requirement. You have to provide the salary slip, even though it is paid through bank.
From India, Calcutta
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From India, Calcutta
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The salary slips can be mailed to all employees. It is a must to give salary slips to all employees. You can create a website with the help of your IT department, on which the portal can be the same, and every employee can view their salary slip online. You can provide unique login IDs and a default password to start with, which can be changed later by them. You can become the administrator of the same.
It is not necessary for employees to sign the salary register; it needs to be controlled and validated by HR and Finance departments only.
Regards,
Runa
From India, Delhi
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It is not necessary for employees to sign the salary register; it needs to be controlled and validated by HR and Finance departments only.
Regards,
Runa
From India, Delhi
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Hi Prashant,
When you are crediting salary to an account, it is not required to take a sign on the register. However, the company should provide a salary slip to the employee to understand the detailed calculation of the salary with deductions. The sign on the register is for record-keeping purposes, but when transferring the amount to the employee's account, the transfer details can be obtained from the company's account itself, so there is no need to sign the register.
If you have any queries, feel free to contact me at 9824013689.
Regards,
Shaival Tiwari
From India, Mumbai
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When you are crediting salary to an account, it is not required to take a sign on the register. However, the company should provide a salary slip to the employee to understand the detailed calculation of the salary with deductions. The sign on the register is for record-keeping purposes, but when transferring the amount to the employee's account, the transfer details can be obtained from the company's account itself, so there is no need to sign the register.
If you have any queries, feel free to contact me at 9824013689.
Regards,
Shaival Tiwari
From India, Mumbai
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When Pay slip providing by u and salary trasfer in respective a/c than employees signature is not naccessry but u will put bank or a/c no in signature colum in salary ragister. Mukesh saini
From India, Bareli
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From India, Bareli
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Hi Prashant,
If you are crediting salary to the employee's respective account, it is not necessary to take the employee's signature in the salary register. However, you must provide a salary slip.
Thanks & Regards,
Dipali Lakhani
From India, Ahmadabad
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If you are crediting salary to the employee's respective account, it is not necessary to take the employee's signature in the salary register. However, you must provide a salary slip.
Thanks & Regards,
Dipali Lakhani
From India, Ahmadabad
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It is advisable to obtain acknowledgements of salary paid to the employees, and it is safe in all respects. Moreover, if the establishment is covered under the Shop Act, the labor inspectorate may stress that.
From India, Madras
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From India, Madras
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As mentioned above by Shri. P. Ramchandran, when an establishment is under the Shop Act, it is necessary to maintain a Salary Register. My question is, "Under the Factories Act and Minimum Wages Act, is there any provision for a Salary Register, Employee Sign, and Payslip?"
From India, Surat
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From India, Surat
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Salary slip final.xls
Salary slip.doc