PBS KUMAR
(n/a)
25 October 2007
Sir,
Yes, Some of the organisaions are giving 'Retention Payment', such payments are some times recovable from the employees while terminating the service in the middle. The payments are issuing on satage by satege in thir services. But the variable payment is differ , its attratcs the Minimum Wages Act. which is connected with VDA as per CPI number.
Regards,
PBS KUMAR