Dear All, Can any one let me know how to calculate fee structure for retainer. need it urgently........ thanks in advance Shreya
From India, Ahmadabad
From India, Ahmadabad
hi all, are there any retainers here, who deal in training consultation in organizations Regards Shreya
From India, Ahmadabad
From India, Ahmadabad
im really sry for being so unclear, actually i need to know if anyone can help me develop a fee structure for retainers who deal in soft skills training for organizations Regards Shreya Mishra
From India, Ahmadabad
From India, Ahmadabad
Dear Shreya,
Retainers are personnel's retained after the age of 58 or 60 due to non availability of competent personnel's in that particular post. Their salaries are fixed by the management unlike other personnel's working in a firm or factory. They are paid normal salary as decided by the management with a deduction of TDS. They are not eligible for PF or Gratuity. They work like the normal employee from 9 to 5 or whatever the timings are, if they are working in afactory they follow the factory rule.
At times Retainers are appointed to avoid tax implcations in the normal day today working.
Retainers are personnel's retained after the age of 58 or 60 due to non availability of competent personnel's in that particular post. Their salaries are fixed by the management unlike other personnel's working in a firm or factory. They are paid normal salary as decided by the management with a deduction of TDS. They are not eligible for PF or Gratuity. They work like the normal employee from 9 to 5 or whatever the timings are, if they are working in afactory they follow the factory rule.
At times Retainers are appointed to avoid tax implcations in the normal day today working.
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