Dear Seniors,
The interviewer asked me two questions:
1. If the ceiling limit of PF increases from 6500/- to 15000/-, what will be the effect on both employees and employers?
2. In a company with 1000 workers, if any worker is absent from their duties, how can the HR manager take action against them? How can HR determine if a worker is absent from their duties?
Please guide me on these questions.
From India
The interviewer asked me two questions:
1. If the ceiling limit of PF increases from 6500/- to 15000/-, what will be the effect on both employees and employers?
2. In a company with 1000 workers, if any worker is absent from their duties, how can the HR manager take action against them? How can HR determine if a worker is absent from their duties?
Please guide me on these questions.
From India
Presently, the employer's liability under EPF contributions is limited to only on the salary of Rs 6,500 per month. If the ceiling is increased from Rs 6,500 to Rs 15,000, then the employee is required to pay EPF contributions on Rs 15,000. Therefore, PF contributions of both the employee and employer would increase, and the employee would receive more pension and provident fund benefits.
If in any company, the number of workers is more than 100, then the model standing orders of the respective state would be applicable. As unauthorized absenteeism is a misconduct, the procedure prescribed under model standing orders is required to be followed for taking action against delinquent employees.
HR would only be aware of absenteeism from the attendance register, punching system, or through information from supervisors.
From India, Mumbai
If in any company, the number of workers is more than 100, then the model standing orders of the respective state would be applicable. As unauthorized absenteeism is a misconduct, the procedure prescribed under model standing orders is required to be followed for taking action against delinquent employees.
HR would only be aware of absenteeism from the attendance register, punching system, or through information from supervisors.
From India, Mumbai
The following will be the consequences for employees and the employer:
1) The employer has to pay more by way of P.F. contribution and administrative charges, which means extra cost for them.
2) The employee will receive more P.F. since interest will be paid on a higher amount.
3) The employee will get more pension.
4) The employee can withdraw more money as an advance from their P.F. account to meet financial needs, educational expenses, buying a house, etc.
5) Their CTC figure will increase.
- B. Saikumar
From India, Mumbai
1) The employer has to pay more by way of P.F. contribution and administrative charges, which means extra cost for them.
2) The employee will receive more P.F. since interest will be paid on a higher amount.
3) The employee will get more pension.
4) The employee can withdraw more money as an advance from their P.F. account to meet financial needs, educational expenses, buying a house, etc.
5) Their CTC figure will increase.
- B. Saikumar
From India, Mumbai
Bhavesh, You buy some books related to Labour laws by M.L. Kumar please to devleop your knowledge in Labour laws.
From India, Hyderabad
From India, Hyderabad
Email: devinawori1@yahoo.com
Hello Dear,
My name is Miss Devin. I'm interested in knowing you and being friendly with you. I would appreciate it if we get acquainted as soon as possible. You can reach me through my private e-mail stated below so that we can get to know each other better.
My e-mail: devinawori1@yahoo.com
I quite believe that we can start from here since it takes one to know someone. I want you to understand that race or distance does not matter, but loving and caring matters a lot in life. I look forward to hearing from you soonest.
Yours truly,
Devin.
From Senegal
Hello Dear,
My name is Miss Devin. I'm interested in knowing you and being friendly with you. I would appreciate it if we get acquainted as soon as possible. You can reach me through my private e-mail stated below so that we can get to know each other better.
My e-mail: devinawori1@yahoo.com
I quite believe that we can start from here since it takes one to know someone. I want you to understand that race or distance does not matter, but loving and caring matters a lot in life. I look forward to hearing from you soonest.
Yours truly,
Devin.
From Senegal
To know about the worker as he/she is on duty or not , You need to implement sone emplaoyee tracking or attendance software. A;you can create a sample bof with the booklets;
From India, Lucknow
From India, Lucknow
Hi Bhavesh,
If a worker is absent from duty, it will automatically come to HRD's attention since they maintain an attendance monitoring system. Additionally, you need to be informed of this during your daily meetings with the section supervisor. The time office personnel are responsible for recording the in/out details of every worker in the factory. These records are then reviewed by the HR Manager on a daily basis. Particularly for critical sections, the manager must monitor absenteeism details and make arrangements for alternatives.
This process outlines how to stay informed about absenteeism details.
Regards, Palaniswamy Ram
From India, Namakkal
If a worker is absent from duty, it will automatically come to HRD's attention since they maintain an attendance monitoring system. Additionally, you need to be informed of this during your daily meetings with the section supervisor. The time office personnel are responsible for recording the in/out details of every worker in the factory. These records are then reviewed by the HR Manager on a daily basis. Particularly for critical sections, the manager must monitor absenteeism details and make arrangements for alternatives.
This process outlines how to stay informed about absenteeism details.
Regards, Palaniswamy Ram
From India, Namakkal
This is a very good thought. I am Nikhil, and I also want to know all about HR. I have completed an MBA in HR part-time and aim to build a career in HR. My email id is nikhil.toke@gmail.com. If you have some useful tips, please share them with me as well.
Yours Truly, Nikhil T
From India, Bhopal
Yours Truly, Nikhil T
From India, Bhopal
Dear Friends,
It is foolish of us to consider the burden on employers. New employees will likely be misled and manipulated with the concept of CTC. Moreover, there is no indication in the news or rumors that existing employees must be subject to a limit of 15,000/-. If such a scenario were to arise, what would happen to the implementation of Minimum Wages?
hrkpati
From India, Guwahati
It is foolish of us to consider the burden on employers. New employees will likely be misled and manipulated with the concept of CTC. Moreover, there is no indication in the news or rumors that existing employees must be subject to a limit of 15,000/-. If such a scenario were to arise, what would happen to the implementation of Minimum Wages?
hrkpati
From India, Guwahati
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