Hi Mr.Balaji, The clarification is more Precise. Don’t you think it is necessary that an employee is being employed is educated on the fact. I feel a gap which I want to insist. Narayanan
From India, Madras
From India, Madras
i was involved in a discussion at citehr with other members and came to know that epf is applicable if your company size is larger than 20. so its not applicable on you in anyway
correct me if i am wrong
From India, Delhi
77correct me if i am wrong
From India, Delhi
Mr. Narayanan,
Yes, it is a must.
When someone freezes his position on the negotiation table, the salary components are shown to him (that is what I practice here). Questions or doubts are clarified. Once this process is over and joins the organization, means he is educated before being inducted into the organization. We perpetuate this, year after year after performance review for the year is over, by issuing a review sheet with increased salary and components. So he is clear about what is he getting in hand and what is saved in PF / ESI / Gratuity Funds on his behalf.
Discussion on this thread is pertaining to “Changing the system of adapting CTC” by an employer (as posted by Lista).
My point is that there is nothing wrong in this concept and Mr./Ms. Lista need not do any reformation to change this concept.
Balaji
From India, Madras
Yes, it is a must.
When someone freezes his position on the negotiation table, the salary components are shown to him (that is what I practice here). Questions or doubts are clarified. Once this process is over and joins the organization, means he is educated before being inducted into the organization. We perpetuate this, year after year after performance review for the year is over, by issuing a review sheet with increased salary and components. So he is clear about what is he getting in hand and what is saved in PF / ESI / Gratuity Funds on his behalf.
Discussion on this thread is pertaining to “Changing the system of adapting CTC” by an employer (as posted by Lista).
My point is that there is nothing wrong in this concept and Mr./Ms. Lista need not do any reformation to change this concept.
Balaji
From India, Madras
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HC All - Trainees not covered for PF -2010.pdf
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