it will be statutory Compliance if we look from Legal Perspective. Parul if he files case in the court company not only has to pay the f&F ammount but also some addational money as incurred by him ( court expenses),best way is to do f&f get the matter closed.
From India, Mumbai
1From India, Mumbai
Parul,similar incidence ocured with reference to Grat-ammt in DTDC were i am working,his amt was 47k but we need to pay him 51k by the order of court.(this incidence was for delay).
From India, Mumbai
From India, Mumbai
Parul,
Has the new manager actually done work ?
Has he really gone into,the market ? Has he met potential clients ?
Is ther any documentation of what he did ?
Call some of the people he had met to see if he went there and what did he discuss.
I know of cases where the salesman has visited 1 client and wrote 4 on his time sheet.
I have seen another case where the salesman has not bothered to offer to show a demo, which is a mandatory part of that company procedure
If he has not actually done his work, then you have a right to refuse his settlement pay
But it must be strongly documented. And ofcourse fair.
From India, Mumbai
Has the new manager actually done work ?
Has he really gone into,the market ? Has he met potential clients ?
Is ther any documentation of what he did ?
Call some of the people he had met to see if he went there and what did he discuss.
I know of cases where the salesman has visited 1 client and wrote 4 on his time sheet.
I have seen another case where the salesman has not bothered to offer to show a demo, which is a mandatory part of that company procedure
If he has not actually done his work, then you have a right to refuse his settlement pay
But it must be strongly documented. And ofcourse fair.
From India, Mumbai
Hi Parul,
You cannot stop full and final settlement of an employee. If the employee has resigned on the grounds of performance and if your salary structure has got a component as Performance Bonus you can stop this component.
Thanks,
Manjunath
From India, Mumbai
You cannot stop full and final settlement of an employee. If the employee has resigned on the grounds of performance and if your salary structure has got a component as Performance Bonus you can stop this component.
Thanks,
Manjunath
From India, Mumbai
Hi Kishan,
You can get the challans from the respective offices viz. the employees provident fund commissioner's office and the employees state insurance corp office - by producing a letter on the Company's letter head. It goes without saying that you will have to spell out the code number allotted to your orgn by the respective authorities. Alternatively, you can purchase them from the market i.e. stores like anupam stationery's, etc.
regards
From India, Mumbai
You can get the challans from the respective offices viz. the employees provident fund commissioner's office and the employees state insurance corp office - by producing a letter on the Company's letter head. It goes without saying that you will have to spell out the code number allotted to your orgn by the respective authorities. Alternatively, you can purchase them from the market i.e. stores like anupam stationery's, etc.
regards
From India, Mumbai
dear parul,
You have employed the said person and must have issued an appointment letter. Does the appointment letter have a clause for salary or incentive linked to performance. If so that is the only avenue under which any deduction can be made. Else once you have hired a person there is a contract of master and servant, therefore once he has put in service, he is entitled to the consideration, that is his salary. In case you fail to pay then he can file a civil suit.
From India, Pune
You have employed the said person and must have issued an appointment letter. Does the appointment letter have a clause for salary or incentive linked to performance. If so that is the only avenue under which any deduction can be made. Else once you have hired a person there is a contract of master and servant, therefore once he has put in service, he is entitled to the consideration, that is his salary. In case you fail to pay then he can file a civil suit.
From India, Pune
Hi Parul,
We cannot stop the payment at the time of joining we will give the appointment letter for the employee and we should follow the rules base on that but minimum employee shoud give the notice at the time of resigning.So we cannot clear F&F settlement for the employee.
Remember one thing here performance is not important and the management should think before hiring the candidate.
Regards,
SudhirKumar
is my mail i.d
From India, Visakhapatnam
We cannot stop the payment at the time of joining we will give the appointment letter for the employee and we should follow the rules base on that but minimum employee shoud give the notice at the time of resigning.So we cannot clear F&F settlement for the employee.
Remember one thing here performance is not important and the management should think before hiring the candidate.
Regards,
SudhirKumar
From India, Visakhapatnam
Dear CareerCruise,
He was a senior manager and his employment is governed by his appointment contract or letter. i am sure that he might be having some variable pay components in his pay structure which were to be given to him as per his performance. If yes you can hold the same but not the whole salary. I am also sure that you must have not put something like not paying the salary in case of non performance in your appointment letter. So just pay him whatever he is entitled for.
From India, New Delhi
He was a senior manager and his employment is governed by his appointment contract or letter. i am sure that he might be having some variable pay components in his pay structure which were to be given to him as per his performance. If yes you can hold the same but not the whole salary. I am also sure that you must have not put something like not paying the salary in case of non performance in your appointment letter. So just pay him whatever he is entitled for.
From India, New Delhi
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How.to.Stop.Wor rying.and.Start .Living,.Dale.C arnegie.pdf
Full n final settlement.doc