Hello Sir, I Got a offer from a wine company but they are paying salary through cheque,is it good to work with a company who pays through cheques
From India, Mumbai
From India, Mumbai
Hi Vikash, What is the problem in getting your salary through cheques?? I really do not see it as a problem if all other things are on positive side...there is no reason to worry.
From India, Delhi
113From India, Delhi
Hello Sir,
Thanks for quick reply but there would not be any salary slip as well because they are paying through cheques and there would be no PF deduction as well.So due you to think after somtime when I'll change my job it won't affect me?
From India, Mumbai
Thanks for quick reply but there would not be any salary slip as well because they are paying through cheques and there would be no PF deduction as well.So due you to think after somtime when I'll change my job it won't affect me?
From India, Mumbai
Hello Sir,
Thanks for quick reply but there would not be any salary slip as well because they are paying through cheques and there would be no PF deduction as well.So due you to think after somtime when I'll change my job it won't affect me?
From India, Mumbai
Thanks for quick reply but there would not be any salary slip as well because they are paying through cheques and there would be no PF deduction as well.So due you to think after somtime when I'll change my job it won't affect me?
From India, Mumbai
There is no problem in getting salary by Cheque. Any way you get pay slip every month. usually companies tie up with the banks and will credit salary directly in your account but some small scale companies will be issuing the salary through cheque. Nothing to worry on this.
From India, Madras
From India, Madras
Hi Vikesh,
As per PF Act, the company falls under PF Act, When 20 or more employees are being employed in the company, It is mandatory contributing PF, If employee wishes.
Normally pay slips or wage slips has to be issued to the employee every month but some of the companies do not.
Any way you are getting salary by Cheque so will be having the Bank Statement as a salary proof.
From India, Madras
As per PF Act, the company falls under PF Act, When 20 or more employees are being employed in the company, It is mandatory contributing PF, If employee wishes.
Normally pay slips or wage slips has to be issued to the employee every month but some of the companies do not.
Any way you are getting salary by Cheque so will be having the Bank Statement as a salary proof.
From India, Madras
Hi Vikash,
Your question is not clear, first if your company is paying your salary via cross chq (i.e. the chq is in your name and its account payable) it is absolutely fine, that means it is all accounted.
But if it is uncross chq then there is a problem! that is as good as paying in cash, nothing is accounted for, you might not be consider as regular employee.
Some companies do not give salary slip, but if you are on roll employee, then they have to give Form 16, that can be shown as salary proof.
When you will go for a job change what is important is your education, experience and your CTC, if your CTC don’t have PF it will hardly make any difference, besides as Bhargav has mention only company having more then 20 employees are mandatory to contribute for PF.
Hope to answer the question
Krishna
From India, Bhopal
Your question is not clear, first if your company is paying your salary via cross chq (i.e. the chq is in your name and its account payable) it is absolutely fine, that means it is all accounted.
But if it is uncross chq then there is a problem! that is as good as paying in cash, nothing is accounted for, you might not be consider as regular employee.
Some companies do not give salary slip, but if you are on roll employee, then they have to give Form 16, that can be shown as salary proof.
When you will go for a job change what is important is your education, experience and your CTC, if your CTC don’t have PF it will hardly make any difference, besides as Bhargav has mention only company having more then 20 employees are mandatory to contribute for PF.
Hope to answer the question
Krishna
From India, Bhopal
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Salary-Note.doc
SALARY SHEET CALCULATION.xls