Search results
Results from the WOW.Com Content Network
Redundancy pay must be given, set at 15 days' average pay for each complete year of continuous service. An employee who has worked for 4 years in addition to various notices and due process, must be paid a minimum of the employee's wage equivalent to 60 days before retrenchment, if the government grants the employer a permission to lay off.
Severance pay in Luxembourg upon termination of a work contract becomes due after five years' service with a single employer, provided the employee is not entitled to an old-age pension and the termination is due to redundancy, unfair dismissal, or covered in a collective labor agreement. [32]
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Employees are entitled to 28 total working days (5.6 working weeks, or 4 full weeks) of annual leave. These often include public/bank holidays which otherwise would be unpaid. Many employers will offer more than 20 days of paid annual leave in addition to the recognised bank holidays. Paid time off can increase with years of service.
Public Holidays in India also known as Government Holidays colloquially, consist of a variety of cultural, nationalistic, and religious holidays that are legislated in India at the union or state levels. Being a culturally diverse country, there are many festivals celebrated in various regions across the country.
The Indian state of Tamil Nadu has 23 public holidays for staff working in government offices and banks. [1] They are declared under the Negotiable Instruments Act of 1881. [2] [3] Three of them are national holidays: Republic Day, Independence Day and Gandhi Jayanthi. [4] State-specific holidays include Pongal, Thiruvalluvar Day, and Tamil New ...
The Payment of Gratuity Act, 1972 is an Indian law that makes companies pay a one-time gratuity to retiring employees or employees who resigns after a minimum of 5 years of service. The law applies to all companies of at least 10 employees. [1] The gratuity is 15 days' wages for every year of employee service, or partial year over six months.
Main page; Contents; Current events; Random article; About Wikipedia; Contact us