If employee took a loan and repayment is still pending, during which she went on a paternity leave, is there a possibility for a loan amount to be adjusted against the maternity pay and once the recovery is done, maternity pay can start as per the remaining time period and money due. Kindly let me know.
From India, Mumbai
From India, Mumbai
She went on a paternity leave -??? Maternity/Paternity?
When loan has been taken then any document prepared how the loan repayment will be done? If not done please create SOP how loan recovery to be done
If done then please recover dues as per that plan only
Please ensure you do not club maternity benefit with loan...
From India, Pune
467When loan has been taken then any document prepared how the loan repayment will be done? If not done please create SOP how loan recovery to be done
If done then please recover dues as per that plan only
Please ensure you do not club maternity benefit with loan...
From India, Pune
if there is no SOP made for Loan recovery, still can Loan amount be adjusted in maternity pay?
From India, Mumbai
From India, Mumbai
Dear Friend,
Please go through the payment of wages Act, the Act provide for deductions. You can plan your deductions accordingly. Salary during maternity leave is also a salary.
Warm Regards
Bharat Gera
HR Consultant
932240476
From India, Thane
Please go through the payment of wages Act, the Act provide for deductions. You can plan your deductions accordingly. Salary during maternity leave is also a salary.
Warm Regards
Bharat Gera
HR Consultant
932240476
From India, Thane
Dear Colleague, You are obliged to pay full maternity benefit during maternity leave without any deduction towards loan repayment. Regards, Vinayak Nagarkar HR- Consultant
From India, Mumbai
From India, Mumbai
Maternity pay cannot be adjusted against any loan. Loan is a debt and such pays are a kind of special allowance which companies provide to its employees.
For more HR related advice please check my YouTube Channel, I have strong believe you will find it useful. Good Luck
From India, Delhi
For more HR related advice please check my YouTube Channel, I have strong believe you will find it useful. Good Luck
From India, Delhi
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.
Poor can benefit from this edu loan scheme.pdf
Security Amount Proof.docx
Steps to transfer PF amount.jpg