In my company prior to my joining, the yearly increment was being carried out in the month of Oct. But this year, the management decided to do the increment in Mar 2018 instead of Oct 2017. So, is the company liable to pay the arrears to employees from Oct? Please note increment month is not mentioned in our company employee handbook. We are registered under the Goa Shop & Establishment Act.
From India, Nagari
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4From India, Nagari
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For increment there is no any Statutory Act/Law but if it is delayed then employee may start looking for better opportunity outside.
From India, Pune
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From India, Pune
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Dear Sandra,
Salary/wages and their structural composition, etc., are initially matters forming part of the contract of employment. Their periodical revision subsequently becomes a matter of collective bargaining or, in the absence of collective bargaining, a matter of the employer's discretion subject to any legal restrictions applicable to the establishment. Therefore, by implication, "increment" refers to the amount of periodical increase with reference to the initial salary or wages as agreed upon between the employer and employees. In the absence of any such agreement, employees cannot claim it as a matter of right as long as the existing wages do not fall below the statutory minimum wages. In my experience, employers who strictly adhere to the statutory minimum wage rates do not grant any periodical increments as the dearness allowance is revised periodically every six months or every year.
Thank you.
From India, Salem
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Salary/wages and their structural composition, etc., are initially matters forming part of the contract of employment. Their periodical revision subsequently becomes a matter of collective bargaining or, in the absence of collective bargaining, a matter of the employer's discretion subject to any legal restrictions applicable to the establishment. Therefore, by implication, "increment" refers to the amount of periodical increase with reference to the initial salary or wages as agreed upon between the employer and employees. In the absence of any such agreement, employees cannot claim it as a matter of right as long as the existing wages do not fall below the statutory minimum wages. In my experience, employers who strictly adhere to the statutory minimum wage rates do not grant any periodical increments as the dearness allowance is revised periodically every six months or every year.
Thank you.
From India, Salem
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