Notice pay to a permanent employee

P.C. Joshi (Querist) 25 September 2009 This query is : Resolved
Friends,

Pls let me have your expert opinion of the following issue.

An employee working as an accountant in a company has completed service of abt 8 yrs. If the company wants to terminate his services what is the notice pay the company is required to pay under the existing labour laws.

Pls revrt urgently.

regards

P.C. Joshi

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R.R. KRISHNAA (Expert) 25 September 2009
It all depends on the terms of the letter of employment or employment agreement between the employee and the company.

Sarvesh Kumar Sharma Advocate (Expert) 25 September 2009
there three cetegories in induastrial sector 1-manager(not comes in labour)
2.executive (also not comes)
3.worker (comes )
which cetg. u blong?

Raj Kumar Makkad (Expert) 25 September 2009
If service is to be terminated on the whims and wishes of the company of its accountant, compensation/notice pay as decided under service agreement or standing orders of the company has to be paid.

Bhumik Dave (Expert) 26 September 2009
It's depends on appointment order and other agreement

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