Hi,
All companies need to give minimum of 33% salary increment to all employees every year as per proposed bill. Finance minister P. Chidambaram has approved and it comes to immediate effect from 1st April 2008, which is after the financial period march month. This comes as a relief to petitioners appealing against the growing work hours in the Indian industry without a proper system to check overtime. The bill also mentions that all employees be provided 30 days of casual leave every year.
PF for details regarding this bill.
Pls find the attachment for necessary details
Rgds - Jothi
From India, Coimbatore
19All companies need to give minimum of 33% salary increment to all employees every year as per proposed bill. Finance minister P. Chidambaram has approved and it comes to immediate effect from 1st April 2008, which is after the financial period march month. This comes as a relief to petitioners appealing against the growing work hours in the Indian industry without a proper system to check overtime. The bill also mentions that all employees be provided 30 days of casual leave every year.
PF for details regarding this bill.
Pls find the attachment for necessary details
Rgds - Jothi
From India, Coimbatore
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