Hi,
1. is Service seniority allowance (1% and maximum sealing of 10% for the employee who have completed 10 years of service) has to pay monthly along with salary or annually.?.
2. What about the employee who have completed over 20 years of service.
From India, Bengaluru
1. is Service seniority allowance (1% and maximum sealing of 10% for the employee who have completed 10 years of service) has to pay monthly along with salary or annually.?.
2. What about the employee who have completed over 20 years of service.
From India, Bengaluru
Hi Masifhe, Below mentioned is my views, 1. You need to pay monthly. 2. Those who have completed 20 years o service will get one time max 10% of increase in Basic
From India, Bangalore
129From India, Bangalore
Hi Sir,
which means
1. An employee who has completed 15 years and his revised basic pay is 16000 (i have rounded for calculation) will get monthly (16000*1/100)*15=2400/- .?
or
16000(new basic)-14000(old basic)=(2000*1/100)*15=300 per month.?
2. An employee who have completed 21 years.,
a)- he already have 25000 basic and there is no increase in basic., then what is the calculation.
b)- his revised basic 14000 to 16000 change in basic is Rs.2000.
then calculation is (2000*1/100)*21=420/- for one year.?
Please clarify.
Muhammed Asif
From India, Bengaluru
which means
1. An employee who has completed 15 years and his revised basic pay is 16000 (i have rounded for calculation) will get monthly (16000*1/100)*15=2400/- .?
or
16000(new basic)-14000(old basic)=(2000*1/100)*15=300 per month.?
2. An employee who have completed 21 years.,
a)- he already have 25000 basic and there is no increase in basic., then what is the calculation.
b)- his revised basic 14000 to 16000 change in basic is Rs.2000.
then calculation is (2000*1/100)*21=420/- for one year.?
Please clarify.
Muhammed Asif
From India, Bengaluru
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