Retention money
girish
(Querist) 29 October 2013
This query is : Resolved
Can an employer put the retention of salary clause in Appointment letter, if yes what should be the appropriate draft of such letter. Employer want to retain 10% of the Gross salary for the period for 1 year which would be return to employee after completion of 2 year term. Pls advise whether this would be a legal or illegal
Devajyoti Barman
(Expert) 29 October 2013
Such retention of salary would be purely beyond the provision of law of the and.
You can not retain the salary of the employee only to retain him in job for a time.
You can incorporate penalty for not not serving notice period but not retention of any money.
ajay sethi
(Expert) 29 October 2013
no company cannot retain salary of employee
R.K Nanda
(Expert) 29 October 2013
no more to add.
