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Showing posts from April, 2020

Full & Final Settlement of Employees - As per Various Labour Laws

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During this Covid-19 Many Employees are asked to resign and said that You will receive your FnF(Full and Final) as per company Norms. Now there are 3 things. What is the Company Norms and How it is defined?  When will I receive my payment? What all components includes in the FnF? There is no such Company Norms as per Labour Acts. As per Code of Wages Act, 2019. If employee is separated by any means such as Lay-off, Resignation, Termination, Death, etc. In that case Employer should pay the FnF within 2 working days.  So if the employee is separated by any reasons. The payment should be released within 2 working days. Or Maximum by 7th of Next month as per Payment of Wages Act.  Components which includes in Full and Final are as follows.  Salary till date. Marketing or Administrative Expense as per the Offer Letter. Such as Travel reimbursement, mobile allowance, etc as per usage or actual bill. Overtime Allowance -If Applicable  Statutory Bonus -If employee had wo

Leave Policy for Sales Employees-As per Sales Promotion Employee Act, 1976

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LEAVE POLICY FOR SALES EMPLOY EE Definition:- Leave- The Permission obtained by an Employee from his/her Employer relieving him from duty. Applicablity All over Pan India                                                                                                                Industries comes under Sales Promotion Employees- Cosmetics, Soaps, Household Cleaners & Disinfectants. Readymade garments Soft Drink Manufacturing Industries Biscuit & Confectioneries Ayurvedic, Unani & Homeopathic Medicines Automobiles Surgical Instruments, Artificial Prosthesis & Diagnostics Electronics, Computer including accesories & Spares Electrical Appliances Paints & Varnishes Types of Leave  Casual Leave (CL) Sick Leave (SL) Privilege Leave/ Paid Leave/ Earned Leave (PL/EL)  Maternity Leave Casual Leave (CL)- Minimum No. of Leaves provided in the beginning of Calendar year by an Establishment/Employer is 15.  Sick Leave (SL

Maternity Leave Policy-As per Maternity Benefit Act,1961

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MATERNITY LEAVE POLICY Following are the Key Points of MATERNITY LEAVE POLICY Applicable to Pan India. Every establishment or organisation is eligible Every Woman Employee is applicable. To get Eligible for the Maternity Leave, Woman employee should work at least 160 Days with the organisation. Employee can take leave before 8 weeks of Expected Delivery. Employee has to give in writing an application regarding the Maternity Leave with Medical Certificates. Employee is eligible for 26 weeks of Maternity Leave. Employer can ask an Employee to work from Home. If it is feasible. During the Maternity Leave, Employee is eligible to get  Gross salary every month during the Leave Period. Maternity Leave is applicable till 2 Child Birth. References. https://labour.gov.in/sites/default/files/TheMaternityBenefitAct1961.pdf https://labour.gov.in/sites/default/files/Maternity%20Benefit%20Amendment%20Act%2C2017%20.pdf