Corporate is looking for an option to do wage reduction for all employee whereas the business unit in India is generating revenue, after all allocations & payments Indian Unit is registering profit as per Indian Financial every year. It is possible to reduce monthly pay of employees when the performance of the company is average if not better? Looking for suggestions & advise, I know till COVID 19 situation no pay cut is allowed but for how long? Management do not want to understand anything.
From India, Gurgaon
1From India, Gurgaon
During this pandemic situation, lots of businesses has shut their door because they could not survive their company still many companies are running with cost cutting and as we know salary is bigger part of expense in companies. Its time to cooperate each other employer and employee vice-versa.
but companies have some responsibilities how to regain or restore the employee trust after the paycut. Check now: https://hrone.cloud/restore-employee...after-pay-cut/
From India, Noida
but companies have some responsibilities how to regain or restore the employee trust after the paycut. Check now: https://hrone.cloud/restore-employee...after-pay-cut/
From India, Noida
For an immersive learning experience and getting certified in Employee Experience enroll toady into People Matters Ex Certification Program.
Visit and complete your registration. Limited seats available:
https://bit.ly/3cv8cRY
From India, New Delhi
Visit and complete your registration. Limited seats available:
https://bit.ly/3cv8cRY
From India, New Delhi
Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.
Basic Pay for EPF Contribution-re duction not permissible.doc x
WAGE PAY.xlsx
Minimum Wage of UP & UK.pdf