Dear All,
I am looking after the analysis of various HR policies. Our discussion is regarding the recovery of various debit balances, i.e., Excess Leave, Guest House deductions, Notice Period recovery, etc. Can anyone provide me with good policies to control debit balances of left employees? Basically, I want to control debit balances due to Excess leave and not serving Notice Period.
Regards,
Arvind Mangal
From India, Bareilly
I am looking after the analysis of various HR policies. Our discussion is regarding the recovery of various debit balances, i.e., Excess Leave, Guest House deductions, Notice Period recovery, etc. Can anyone provide me with good policies to control debit balances of left employees? Basically, I want to control debit balances due to Excess leave and not serving Notice Period.
Regards,
Arvind Mangal
From India, Bareilly
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Dear Sir,
We can help you work out a solution to the problems you are facing. We are a professional management consulting organization and would be pleased to help you if you wish to avail the services of professionals who will find a solution for you. I assure you that the solution we provide will be compliant with the provisions of the law and will also help you in maintaining discipline. At the same time, it will not affect the culture or employee morale.
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Thanks,
Kind Regards,
Avika Kapoor
Vice President - Operations
Website: [Kapgrow](http://www.kapgrow.com)
From India, New Delhi
122We can help you work out a solution to the problems you are facing. We are a professional management consulting organization and would be pleased to help you if you wish to avail the services of professionals who will find a solution for you. I assure you that the solution we provide will be compliant with the provisions of the law and will also help you in maintaining discipline. At the same time, it will not affect the culture or employee morale.
If you wish to avail our services, please feel free to connect.
Thanks,
Kind Regards,
Avika Kapoor
Vice President - Operations
Website: [Kapgrow](http://www.kapgrow.com)
From India, New Delhi
Debit balances of employees who have left have arisen because there was some loophole in the procedure.
In case of employees who wish to leave and submit their resignation, their records must be cross-checked for excess leave, dues to the company, company property in their charge (such as laptop, mobile), and compiled.
Dues from and to the employee can be calculated, and before final clearance is given, accounts can be settled.
Dues from employees who abscond also need to be calculated, and the financial impact should be assessed to determine how to recover - for example, pay not drawn by the individual if they abscond in the middle of the month.
Gratuity and PF balances cannot be touched by the employer.
Policies to review leave and outstanding advances should be established so that accounts are reviewed periodically.
Company guest houses need to send monthly details of outstanding dues, if any, to the main office. The primary policy should be to never allow any dues to accumulate.
This will enable the organization to prevent issues like excess leave or guest house deductions.
Not serving the notice period is a contingency that cannot really be prevented. In such a case, the company should consider whether to initiate legal action for breach of contract.
Alternatively, they should develop their employee engagement policy in a way that employees will not feel inclined to quit.
From India, Pune
In case of employees who wish to leave and submit their resignation, their records must be cross-checked for excess leave, dues to the company, company property in their charge (such as laptop, mobile), and compiled.
Dues from and to the employee can be calculated, and before final clearance is given, accounts can be settled.
Dues from employees who abscond also need to be calculated, and the financial impact should be assessed to determine how to recover - for example, pay not drawn by the individual if they abscond in the middle of the month.
Gratuity and PF balances cannot be touched by the employer.
Policies to review leave and outstanding advances should be established so that accounts are reviewed periodically.
Company guest houses need to send monthly details of outstanding dues, if any, to the main office. The primary policy should be to never allow any dues to accumulate.
This will enable the organization to prevent issues like excess leave or guest house deductions.
Not serving the notice period is a contingency that cannot really be prevented. In such a case, the company should consider whether to initiate legal action for breach of contract.
Alternatively, they should develop their employee engagement policy in a way that employees will not feel inclined to quit.
From India, Pune
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HR-balance scorecard.zip
Balance score card.pdf
PF Amount Balance Check.xls