Can we differ the wage revision citing 3 years continuous loss under industrial dispute act?
From India, Chennai
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From India, Chennai
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What the poster actually wants to know is whether deferment of wage revision is possible on account of losses incurred by the employer for the last consecutive three years. Though it may be a valid reason based on adequate evidence, it is left to the discretion of the employees to accept or reject it forthwith, particularly when there is no provision for V.D.A linked to any cost of living index. The employees can advance a counter-argument that they are in no way responsible for business losses since effective management is the responsibility of the employer.
In such a precarious situation, instead of outright deferment, the employer should come forward with some acceptable alternatives like the grant of interim relief, etc.
From India, Salem
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6108In such a precarious situation, instead of outright deferment, the employer should come forward with some acceptable alternatives like the grant of interim relief, etc.
From India, Salem
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Impact of Crisis in IT Employee's Family.doc
Revision in Basic wage wef Mar 2014 Gazette.pdf