Working in manufacturing industry . My employer has announced 10 % general increment for FY 2018-19 . But, from that 10 % he is deducting 2.5 % ( Nett Payable 7.5% ) from my salary as a part of his contribution ( on increased salary ) on my PF account . He doesn't want to pay his part ( on increased salary) which is his responsibility .
Also Notable that he wont pay full salary in cheque . Only a part of actual salary is paid through cheque rest in cash .
What should I do to convince him ????????
From India, Gorakhpur
1Also Notable that he wont pay full salary in cheque . Only a part of actual salary is paid through cheque rest in cash .
What should I do to convince him ????????
From India, Gorakhpur
Dear SUNNY_SD,
It seems on reading your query that your perception on increment and your employer's perception on increment is different.
What I feel, your employer has announced 10 % general increment means, that is inclusive of all - direct as well indirect cost. That is today's trend and we call it as CTC. In this case your effective increment in salary is 7.5%.
Your query on part cash payment needs more details. But before raising query you should think of how it affects you. Knowing law is different. Govt has restricted cash payment now. Payment of wages are to be made through cheque or bank transfer.
From India, Mumbai
It seems on reading your query that your perception on increment and your employer's perception on increment is different.
What I feel, your employer has announced 10 % general increment means, that is inclusive of all - direct as well indirect cost. That is today's trend and we call it as CTC. In this case your effective increment in salary is 7.5%.
Your query on part cash payment needs more details. But before raising query you should think of how it affects you. Knowing law is different. Govt has restricted cash payment now. Payment of wages are to be made through cheque or bank transfer.
From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
SALARY with out PF Deduction.xls
PF deduction on leave encashment.doc