Dear Colleagues Could you please assist with a sample letter notifying an employee that his offer for voluntary retrenchment has been accepted.
From Zimbabwe,
From Zimbabwe,
Dear Stephen,
Well gentleman, before raising a query you could have done at least some amount of Google search or search in this forum to update yourself about the concept of "retrenchment". Learned members of this forum like Mr Umakanthan, Mr B Saikumar, Mr Nathrao etc have given their replies on this subject so many times. There is nothing like "voluntary retrenchment". To improve your knowledge on retrenchment, you may check the following link:
Retrenchment under Industrial Dispute Act, 1947
My reply is based under the assumption that you are from India. If not, then you may have to follow the labour laws of your country.
Thanks,
Dinesh Divekar
From India, Bangalore
7884Well gentleman, before raising a query you could have done at least some amount of Google search or search in this forum to update yourself about the concept of "retrenchment". Learned members of this forum like Mr Umakanthan, Mr B Saikumar, Mr Nathrao etc have given their replies on this subject so many times. There is nothing like "voluntary retrenchment". To improve your knowledge on retrenchment, you may check the following link:
Retrenchment under Industrial Dispute Act, 1947
My reply is based under the assumption that you are from India. If not, then you may have to follow the labour laws of your country.
Thanks,
Dinesh Divekar
From India, Bangalore
DEAR STEOGEB,
Voluntary Retrenchment - Voluntary Retrenchment Scheme designed for differently according to the organisations. On the basis of scheme letter will be drafted and issued to the retrenched employee. Evaluate the scheme terms and conditions for retrenchment before drafting the final letter to issue the employee.
From India, Visakhapatnam
Voluntary Retrenchment - Voluntary Retrenchment Scheme designed for differently according to the organisations. On the basis of scheme letter will be drafted and issued to the retrenched employee. Evaluate the scheme terms and conditions for retrenchment before drafting the final letter to issue the employee.
From India, Visakhapatnam
Dear Stephen
There is no concept of 'voluntary retrenchment' recognized under law as rightly said by Mr.Dinesh. Probably you must be referring to voluntary retirement. If so this will be a scheme to be framed by the employer offering some compensation to the employees willing to pot for the scheme.You cannot compel employees to opt for the scheme as the very name of the scheme suggests that it is voluntary.
B.Saikumar
From India, Mumbai
There is no concept of 'voluntary retrenchment' recognized under law as rightly said by Mr.Dinesh. Probably you must be referring to voluntary retirement. If so this will be a scheme to be framed by the employer offering some compensation to the employees willing to pot for the scheme.You cannot compel employees to opt for the scheme as the very name of the scheme suggests that it is voluntary.
B.Saikumar
From India, Mumbai
Retrenchment is initiated by Employers (if employees are found surplus owing to various reasons), whereas Voluntary Retirement is initiated by the employees (at least on records ! ).
You have mixed both and created a new term, something like Suicide Murder !
Best wishes
From India
You have mixed both and created a new term, something like Suicide Murder !
Best wishes
From India
DEAR STEPHEN,
THERE IS A DIFFERENCE IN VOLUNTARY RETIREMENT AND VOLUNTARY RETRENCHMENT. IN MY OPINION THERE IS NO VOLUNTARY RETRENCHMENT. RETRENCHMENT PROCEDURE IS SAID IN THE FACTORRY ACT TO FOLLOW THE STEPS. NO PROVISION IS IN THE VOLUNTARY CLAUSE IN THE RETRENCHMENT.
From India, Visakhapatnam
THERE IS A DIFFERENCE IN VOLUNTARY RETIREMENT AND VOLUNTARY RETRENCHMENT. IN MY OPINION THERE IS NO VOLUNTARY RETRENCHMENT. RETRENCHMENT PROCEDURE IS SAID IN THE FACTORRY ACT TO FOLLOW THE STEPS. NO PROVISION IS IN THE VOLUNTARY CLAUSE IN THE RETRENCHMENT.
From India, Visakhapatnam
Retrenchment is through a legal process as detailed in the I.D.Act - refer chapter VA & VB. If you are meaning Voluntary Retirement which is also called as Voluntary Separation, it is a scheme designed by the company either on their own or in consultation with the union if a union exists. Both are for shedding surplus manpower or right sizing the manpower of the organization.
bgramesh, hosur
From India, Vellore
bgramesh, hosur
From India, Vellore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
IMPACT OF RETRENCHMENT ON RECESSION.ppt
RETRENCHMENT ANNEXURE.doc
Five Ways ... To Avoid Snoopy Colleagues.pdf