Dear All,
Today's ET reads that Air India is applying HR cost cutting measures like sending employees on leave without pay upto the duration of 5 years!
Well, this is a good measure in which employee can retain there employment(though without pay!) and at the same time there is no monthly salary burdon on employer. But how to implement it? What to take care on legal side, employee communication side to the successful implementation of this measure? Is not like a layoff mentioned in Industrial Dispute Act? How the worker(blue collar) and staff(white collar and managerial) are affected due to this measure?
Views, thoughts, inputs, information are highly appreciated.
Thanks
Manish
From India, Nagpur
16Today's ET reads that Air India is applying HR cost cutting measures like sending employees on leave without pay upto the duration of 5 years!
Well, this is a good measure in which employee can retain there employment(though without pay!) and at the same time there is no monthly salary burdon on employer. But how to implement it? What to take care on legal side, employee communication side to the successful implementation of this measure? Is not like a layoff mentioned in Industrial Dispute Act? How the worker(blue collar) and staff(white collar and managerial) are affected due to this measure?
Views, thoughts, inputs, information are highly appreciated.
Thanks
Manish
From India, Nagpur
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HR Leave Policy.doc
More Fixed-To-Variab le Pay HR Trend in Corporate World.pdf