Thursday, December 27, 2012

Good news for all private Employees...

Hi all,

Good News !!!!!

Finance minister P. Chidambaram has approved a Bill which comes into effect on 01.04.2013 and it states that all Privately Held companies need to give a minimum salary increment of 13.5 % to all employees every six months.
This comes as a relief to petitioners appealing against the growing work hours in the Privately Held organizations and which do not have a proper system to check overtime. The bill also mentions that all employees be provided 20 days of casual leave every year. Please see the attached document for the list of companies which will be brought under the umbrella of the Bill in the first round of implementation.

And if the name of your company features in the list, kindly circulate this mail among your colleagues.

This e-mail and any files transmitted with it are for the sole use of the intended recipient(s) and may contain confidential and privileged information. If you are not the intended recipient(s), please reply to the sender and destroy all copies of the original message. Any unauthorized review, use, disclosure, dissemination, forwarding, printing or copying of this email, and/or any action taken in reliance on the contents of this e-mail is strictly prohibited and may be unlawful.
Post a Comment