Dear Seniors,
I wanted to have a small clarification in terms of salary hold. If a employee leaves an organization without serving notice period and on a bad ground, can we hold his salary or not pay at all. If we can hold then what is maximum time that we can keep it under hold.
From India, Bengaluru
I wanted to have a small clarification in terms of salary hold. If a employee leaves an organization without serving notice period and on a bad ground, can we hold his salary or not pay at all. If we can hold then what is maximum time that we can keep it under hold.
From India, Bengaluru
By the term, "salary hold," do you propose not to draw the salary or to hold payment of salary after drawl? Both positions are different.
For your information salary has necessarily to be drawn for the duty period of the employee. However, payment can be withheld for the purpose of f&f settlement, more particularly if the charge of the post of some assets of the company have not been handed over properly by the employee or recovery becomes due on account of notice period pay.
Non-drawal of salary would mean wrong accounting for the purpose of depicting true results of profit & loss of the company and audit of accounts.
Also, examples of bad ground are needed to be elaborated before any suggestion can be given.
From India, Delhi
387For your information salary has necessarily to be drawn for the duty period of the employee. However, payment can be withheld for the purpose of f&f settlement, more particularly if the charge of the post of some assets of the company have not been handed over properly by the employee or recovery becomes due on account of notice period pay.
Non-drawal of salary would mean wrong accounting for the purpose of depicting true results of profit & loss of the company and audit of accounts.
Also, examples of bad ground are needed to be elaborated before any suggestion can be given.
From India, Delhi
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