establishments, where number of employees, are 10 or more in any day of the preceding 12 months. . * Charitable institutes and hospital are also covered under the act. * It includes both commercial and non commercial establishment like educational institutes etc. * Only Basic and Dearness allowance should be considered as wages for the purpose of Gratuity. * Gratuity payment formula: Example: If an employee leave company after 10 years and his last Basic + Dearness allowance is 10000 then
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Caution: An employee will be given a verbal caution when he or she engages in problematic behavior. As the first step in the progressive discipline policy, a verbal caution is meant to alert the employee that a problem may exist or that one has been identified, which must be addressed. Verbal warnings will be documented and maintained by your [designate either appropriate individual (e.g., "your supervisor" or "your manager"]. A verbal caution remains in effect for [specify time (e.g., three months)].
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LESSON 4 INCOME UNDER THE HEAD SALARIES - I Dr. Gurminder Kaur STRUCTURE 4.0 4.1 4.2 4.3 4.4 Introduction Objectives Heads of Income Meaning of salary Incomes forming part of Salary - I 4.4.1. Basic Salary 4.4.2 Fees, Commission and Bonus 4.4.3 Taxable Value of Cash Allowances Summary Glossary Self assessment questions Sources and further readings 4.5 4.6 4.7 4.8 4.0 INTRODUCTION As discussed in an earlier lesson, income means a receipt in the form of money or money’s worth which is derived
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Reflect The Organizational Goals………………..………………………………...7 KPIs Key To Organizational Success…………………………………………..………..7 Good KPIs vs. Bad…………………………………………………………………………..9 Human Resources Sample Key Indicators 10 Recruitment 10 Employee Development 10 Finance & Business KPIs…..………………………………..…………...................................... 11 Health & Safety KPIs………………………………………………………………………………..13 Environmental KPIs………………………………………………………………………………….14 Conclusion…………………………………………………………………………
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foodservices to large corporations and businesses. BIMS employs a total of 452 employees, including full-time and part-time workers as well as upper management employees. The average turnover rate for BIMS is typically 55 to 60%. During the past four months the turnover rate has increased to over 64%. Despite the efforts to get to the root of the issue causing the high turnover rate, management at BIMS has been unsuccessful. The morale is low at BIMS, and there has been an increase in the use of sick
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GBA 363 MW-12:30 Employee Employment Appraisals 1.01-Purpose An employee appraisal system provides feedback and understanding of an employees job. The feedback allows managers information to asses their performance as well as the employees. These appraisals can also help promote individual needs as well as work objectives and the standards of an acceptable performance. “Performance management should be based on five areas: planning work and setting expectations, continually monitoring performance
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Management Overview Becca Langum HRM/300 May 9, 2016 Susan Bradley Abstract In the following pages, we will discuss the creation of a Human Resources Department in a new healthcare insurance organization called Care for You. It will include a 6-month plan of the items and actions the new Human Resources Department will need to focus on. This department will be a one-person department for the near or far future. This document will identify the three factors that will be considered for the formulation
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Company Car Policy 1. Objective The new Company Car Policy has been formulated in order to introduce an employee friendly and easy to administer car scheme in the company with effect from -----------. With the introduction of this scheme all previous car schemes stand withdrawn. 2. Scope Employees in Grade M1 and above are entitled to participate in this scheme. These employees have been assigned Management Allowance / Car Kitty as part of their remuneration package. Their Management
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the relationship between a parent and child, the child would fall under the FMLA and would be able to care for the parent. Under FMLA, an employee can care for a parent if they have a serious health issue. Even though the video never stated what the issue is, since the father will be having surgery that would fall under a reasonable explanation for the employee to take the leave. A parent can be either a biological parent or someone who stood in place of a parent in raising a child. It never states
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leave is job-protected leave. After returning from FMLA leave, an employee generally has the right to return to the same, or an equivalent job with the same pay, benefits, and working conditions” (www.fmlaonline.com). In addition, FMLA is generally unpaid leave. However, the employee may substitute accrued paid leave (vacation or personal leave) for FMLA leave (Halbert and Ingulli 2010). Also, an employer may require an employee to substitute accrued paid leave for unpaid leave. “An employee’s
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