Ramesh,
Employee Final And Full Settlement
1. Leave Salary
2. Gratuity
3. Security Deposit if any
Is any other more benefits is eligible as per Law ?
Enclosed final settlement format. Pls enter the information in green color column automatic calculation will be done.
pls refer and let me know.
Srikanth
From United Arab Emirates, Dubai
Employee Final And Full Settlement
1. Leave Salary
2. Gratuity
3. Security Deposit if any
Is any other more benefits is eligible as per Law ?
Enclosed final settlement format. Pls enter the information in green color column automatic calculation will be done.
pls refer and let me know.
Srikanth
From United Arab Emirates, Dubai
Srikanth, could you please give me some more details about the nature of your company. Then I may be able to provide you the relevant information.
Of course, I am going to make you the chief sponsor for the next meet for all these consultations.
From United Arab Emirates, Abu Dhabi
Of course, I am going to make you the chief sponsor for the next meet for all these consultations.
From United Arab Emirates, Abu Dhabi
Ramesh, Nature of business - Flexible Packaging Industry ( Manufacturing unit) Dubai VISA and Free Zone VISA Regards Srikanth
From United Arab Emirates, Dubai
From United Arab Emirates, Dubai
Srikanth, a quick comment on the benefits:
Only Leave Salary and Gratuity comes into relevance in UAE as there is no official system of collecting Security Deposit. As regards to other benefits, Air Ticket to home country will come into prominence if the employee is terminated and again if he is resigned ( a pro-rata basis ticket allowance is given). Nothing more. Ofcourse any other deductions such as allowances utilised like housing, furniture (again on pro-rata basis till the time of exit), deductions on utility expenses etc will have to be taken care. Hereagain, it will be depending on the grade of the employee and benefits offered and availed.
Regards,
Ramesh Menon
From United Arab Emirates, Abu Dhabi
Only Leave Salary and Gratuity comes into relevance in UAE as there is no official system of collecting Security Deposit. As regards to other benefits, Air Ticket to home country will come into prominence if the employee is terminated and again if he is resigned ( a pro-rata basis ticket allowance is given). Nothing more. Ofcourse any other deductions such as allowances utilised like housing, furniture (again on pro-rata basis till the time of exit), deductions on utility expenses etc will have to be taken care. Hereagain, it will be depending on the grade of the employee and benefits offered and availed.
Regards,
Ramesh Menon
From United Arab Emirates, Abu Dhabi
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.