Salary Disbursement Date Notice Board
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Hi,The wage period can be fixed any day during the month; it could be from the 1st to the 30th, or the 26th to the 25th, or the 15th to the 14th. However, the disbursement of salary has a clause:1\. If there are fewer than 1000 employees, the salary disbursement...
When you receive notice of an employee's exit, work out his dues - anything due from him on any account and what he is due from the company such as PF, Gratuity, or ex-gratia, etc. This notice period is generally used to find a replacement for him, check whether...
Salary has to be disbursed as usual during the notice period on a monthly basis. For the last month, you can include the salary in the full and final settlement where leave salary, gratuity, and other terminal benefits will be paid.
Dear Kavin,You can give the salary on the following basis: if NP is 2 months, the initial 1 month you can pay on the normal salary day, and the 2nd-month salary at the time of F & F, that too after getting the NOC from the respective department head.Regards,Roop...
It is simple. If you're going to relieve him instantly, give two months' salary at once. Otherwise, keep him on the regular payroll for the current month. Provide the second month's salary after calculating his credit/debit balance once all details are sorted ou...
Hi, I am Kavin. Suppose an employee wants to be relieved from the company, and the notice period is 2 months. At this time, what should HR do? For example, when should the salary be given after the notice period, on a monthly basis as usual? When should we provi...
Dear Mr. Sundaram. K,I shall quote the respective section of the Payment of Wages Act as under.5\. Time of payment of wages.—(1) The wages of every person employed upon or in—(a) any railway, factory or 1[industrial or other establishment] upon or inwhich less t...
Mr. Ram Guru is not an employee, either regular or contractual, as per his post; on the contrary, he is a consultant. What is being paid for his services can only be termed either as honorarium or a retainer fee. Therefore, he is certainly out of the purview of ...
I am a retired State Government Servant. I retired voluntarily in the year 2003\. Currently, I am working as a Consultant on a contractual basis in an Autonomous organization under the Ministry of Culture, Government of India since July 2014\. I receive a consol...
Mr. Nathrao, thank you for your reply. There is no specific clause regarding the date of disbursement of salary in the contract between me and the administration. I hope there must be some guidelines by the Central Government. I am searching for that. Anyway, th...