S.V.Krishnan

"In any organization, Human Resources and the Finance department are supportive functions unlike the Operations department. In the software industry, the Operations department is revenue-oriented, generating earnings for the organization. The CEO is responsible for marketing, sales, and project execution" ... (more)

"CtoC in the normal course will have components as detailed below: Basic Pay - House Rent Allowance (50% of basic) - Other Allowance (20% of basic) - Food and Conveyance allowances (each Rs 800 per month - exempted from Income Tax), all payable every month. Annual Benefits would include Bonus (20% o" ... (more)

"The following documents are essential: - Letter of resignation from the employee - Acceptance letter from the employer indicating the date of relieving - Settlement of accounts, duly acknowledged by the employee - Details of payment made towards full and final settlement (cheque number, amount, nam" ... (more)

"If an employee has contributed under the PF Act before in his employment, he shall continue to contribute to the PF regardless of the salary he is currently drawing. In case it is his first job and the salary exceeds Rs 6500, then it is optional for him to decide whether to contribute or not." ... (more)

"As far as we pay the salary on a monthly basis, including Sundays and other holidays, the earned leave will have to be calculated on a monthly basis only. It may vary from company to company. In the normal course, one day a month is given as earned leave, thus totaling 12 days per annum. Casual leav" ... (more)

"Payment of gratuity is a statutory requirement irrespective of who owns the establishment. Change of ownership or management doesn’t affect this statutory rule." ... (more)

"There is no provision to make any amendments to the Appointment Order issued and acknowledged by the employee. The appointment is an individual contract between the company and the employee, and only with mutual consent is the appointment order acknowledged by the employee. Any changes to the condition" ... (more)

"Excellent and a must for computer engineers and others in the IT industry - thank you very much for making it available to everyone through this column." ... (more)

"If you were sick and hence couldn’t attend to your work, you will have to produce a certificate from a doctor which should state that your health condition needs some rest and you are advised not to undertake any work. This certificate would help you to get relieved from the employment. Reg. PF" ... (more)