Dear Seniors,
If the fixed-term contract is for 4 months, my understanding is that the contractee is eligible for EPF and ESI (if the establishment is registered under EPF and ESI). Is this correct?
Further, if the contractee is terminated before 4 months, should the employer pay any compensation?
Warm regards,
Rittu
From India, Bangalore
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If the fixed-term contract is for 4 months, my understanding is that the contractee is eligible for EPF and ESI (if the establishment is registered under EPF and ESI). Is this correct?
Further, if the contractee is terminated before 4 months, should the employer pay any compensation?
Warm regards,
Rittu
From India, Bangalore
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Even if the contract is for one day, the contractee has to to be covered under Pf if hi/her wahes are less than Rs 6500 p m and under ESI if the wages are Rs 15000 or less T Sivasankaran
From India, Chennai
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379From India, Chennai
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What is the nature of FTC, what are the contract terms, what is the agreed compensation, please let us know to give u specific answer.
From India, Ahmadabad
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From India, Ahmadabad
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The contract of employment under a fixed-term contract (FTC) will stand terminated automatically. In such cases, the termination will not be considered retrenchment as per Section 2(oo)(bb) of the Industrial Disputes Act. In this scenario, no compensation is payable to the employee. However, if the contract of employment is terminated before the specified date, then obviously, the employee should be given either one month's notice or salary in lieu.
Madhu.T.K
From India, Kannur
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Madhu.T.K
From India, Kannur
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Fixed Term Contract Employees to get Gratuity.docx
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