Salary Restructuring Or Salary Reduction - Minimum Wages

kartiken

dear Sir,
is it possible that if the company or organization provded the employee with EL and at the time of encashment it withholds the same or withdraws just to cut its costs.
is the same justified and legally have no imlications?
rgds

7th March 2009 From India, Jalandhar

Madhu.T.K

4250

Postponement of EL encashment is not illegal but can be done with mutual consent. However, refusing to encash shall not be a good exercise even when the same is initiated as a part of cost reduction. The former is a temporary arrangement. In the similar way a measure to encash only half the EL can also be adopted but for the time being.
Regards,
Madhu.T.K
9th March 2009 From India, Kannur

kartiken

Is it possible that for fixed EL and CL provided swaping can be done idf either finishes ,as this is followed by some organizations. or striclty the CL and SL be cmepensated for leaves taken fr the same ?
5th April 2009 From India, Jalandhar

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