Components of notice pay
Sandeep Haralalka
(Querist) 24 June 2014
This query is : Resolved
Dear All,
I am resubmitting my query :
Dear All,
A company requested an employee to submit his resignation and not serve the notice period. The candidate is working as a manager.
Salary breakup is as follows :
Basic - 11500
H R A - 4600
Transport Allowance - 4600
Medical Allowance - 2300
Gross Pay - 23000
and PF deductions only.
Total take home pay is 23000 minus P Tax and PF.
As per the terms of his appointment letter nothing has been mentioned regarding notice pay except that one month's notice shall be given by both sides after confirmation. Employment is confirmed.
My question is what should be the notice pay at the end of the one month.
What should the notice pay be for full and final settlement of the candidate - should it be only basic salary or salary last drawn i.e. 23000 minus P Tax and PF.
Appointment letter is attched for your reference.
Please respond urgently. Thanks in advance.
P. Venu
(Expert) 24 June 2014
You can resist the request, or rather the demand, for resignation. There are no legal elements involved.
Dr J C Vashista
(Expert) 24 June 2014
It would be difficult to give an opinion/advise without perusal of appointment letter.
Show the document to a local expert lawyer, seek his/her consultation, guidence and advise.
R.K Nanda
(Expert) 24 June 2014
consult local lawyer.
Rajendra K Goyal
(Expert) 24 June 2014
Repeated query:
http://www.lawyersclubindia.com/experts/Components-of-notice-pay-479786.asp
Kumar Doab
(Expert) 24 June 2014
Repeated query.
It is also be made clear in original query the querist is Prop. or affected employee.
T. Kalaiselvan, Advocate
(Expert) 26 June 2014
I agree that experts have taken a stand to not to reply for repeated queries, I go with them.
