Becas Para Estudiar En Espaa
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05.04.2013 EPF Amendment in Para 62 Financing of LIC policies
Dear Seniors/HR Fraternity,Here is the notification dated 11.11.2016 amending para 726 of EPF Scheme. After this Gazette of India (EPF Scheme), now unclaimed PF amount will be transferred to an inoperative account only after retirement from service after attaini...
What is the formula for the encashment of PL/EL at the end of every year? My company encashes this leave every year.
Hi Pradeep,Please read the post of Vinayak Nagarkar; that is the position. I may add, encashment of EL/PL is not a statutory benefit to employees under any Act or Law/rules framed by governments. However, this is being extended ONLY by some organizations but not...
Thank you, Vinayak, sir. I joined this company in October, and they gave these leaves encashed to all staff and workers; now they said we will not encash these leaves at the end of the year. How can I manage them? Please guide me and give me a solution for that....
Dear colleague,The reason why is simple. The law does not compel you. However, there is no bar for a company to adopt a policy to encash CL/SL by framing proper rules. But such a practice is not rampant in industries.Regards,Vinayak NagarkarHR Consultant
No, only EL is subjected to encashment, subject to acceptance by the employer.
Hi Preets,In many places, employment contracts typically include clauses about providing accurate and complete information during the hiring process. If you misrepresented your work history, even unintentionally, it could potentially be grounds for termination.H...
Can a company terminate me for having found out that I had dual employment before 5 years? One job was full-time, and the other was freelancing. I joined this company, presenting the freelancing as experience gained. They were okay with it for the past 2 years, ...
Hi,An employer has the right to terminate an employee for the suppression of past employment history or for providing false information at the time of joining. There should be a clause in your Contract of Appointment letter related to this. You can request your ...