TRENDING NEWS

POPULAR NEWS

Can I Be Held Responsible Of Group Company For Which There Is No Employment Agreement Or Salary

What action can a company take when an employee is absconding from work?

Action differs depending upon amount, turbulence caused because of your action, you supervisor's obbervations and individual tolerance levels of organisations. It could be following :P.S- please read till the endCompany will contact you to get tobthe root cause and validateThere are some genuine cases, which company buys and councils employees without any actionIf your act is perceived as bad attitudinal, depending upon conditions, company may take strict actions such as:Putting your status as NEVER REHIREBlacklisting you from company, forums and societiesIf the damage is substantial, companies may file court cases.Your salary may be put on holdIf you owe something to the firm and if goes unpaid, you may get legal notice.My opinion: dont abscond. If you have done it already, ensure that you call your manager and settle any disputes. Clear all company bills and get clean full and final letter from the firm.Buddy, world could prove to be a lot smaller that we could ever imagine and hence make friends as many as you can, dont burn bridges. Industry is small and you dont want to meet those whom you backstabbed.When I was a manager, an employee just absconded after first salary. I felt very bad when I got to know that it was preplanned and they were not serious about the job. 2 year later that person called me for a job as he was badly in need of one. I had an excellent profile opening but I could not offer him co I did not trust him. Whenever I get calls ( informal ) seeking feedback for him, I can't lie and I am sure he is still paying for his mistakes.

Which position is higher in any company: CEO, president or chairman?

Higher, hmm. Setting aside the situations where one person holds two or all three of those positions:- On an organization chart, the Chairman is higher than the CEO, and the CEO is higher than the President. This order represents the relative authority that the Chairman has (with the concurrence of the board he or she leads) to hire and fire the CEO, and that the CEO likewise has over the President. Also, on a day-to-day basis, the Chairman can make requests of the CEO (almost, but not quite giving orders), and the CEO can direct the activity of the President.- On a pay scale, the CEO would be higher than the President, who would, in most cases, be higher than the Chairman. This reflects the fact that most of the executive authority and responsibility for the management of the company is concentrated in the hands of the CEO, who, in turn, delegates a significant portion of that authority to the President. The Chairman's management authority is generally limited to the board and its functions. Even with regards to the board, the CEO often has significant input, and sometimes a effective veto.

I had signed an employment bond for certain years, but now I wish to leave the company. What is the best way of dealing with this situation?

Although I am not a legal expert, a lawyer would better answer your question, but I can answer this on the basis of my knowledge. As per Contract act in India, such bonds are not enforceable, since they are considered in restraint of trade.In the past, many employees have violated such bonds and in such cases, companies have resorted to different means:Allow the employee to go, take no action - In this situation, you lose nothing, the company will discharge you.Allow the employee to go, hold his Salary - In this situation, they will not pay your full and final settlement salary. Probably you will lose gratuity, leave encashments etc. and your unpaid salary.Restrict the employee from going, sue the employee - In this case, the company will go to the court. It will be a very lengthy procedure. According to the past cases, the company will have to prove that due to your layoff, the company is bearing direct costs. Further, the courts would rule in favour of a company only if the terms and conditions mentioned in the agreement are reasonable. Having a penalty clause in the agreement makes it unenforceable since it is not a reasonable term. So generally the company will be able to recover training costs only. This option is exercised only when the employee is very highly resourceful or employee is at a high ranked position.Recommendation:In maximum cases, Option B takes place. So you need to plan your exit smartly so that your salary cannot be withheld by your employer.However, you are at risks only if you are positioned at a very unique post and there is no replacement for you in the market or maybe if your services are highly important for the company projects and without you they will not be able to continue the projects.Then the company will never sue you since the legal costs are too high to keep spending it on every employee who leaves.If you think your post can be replaced easily, the best thing is you may try writing an email to the company, mentioning a notice period and ask them to permit layoff. Mutual understanding is the best way to solve problems.One problem will be that, it will be difficult to get experience letter and employment relieved letter which is actually asked for by various companies, when you join them, as a documentary evidence.

I am us citizen can i sponser to my cousin brother?

If you mean helping your cousin's brother to apply green card from family immigration, the answer is NO.

If your cousin is also an US citizen, and he wants to apply his brother, but does not have enough income, you may work as a co-sponsor.

If you are a company owner, your company can be a sponser of your cousin's brother for a working visa and green card thought working.

Can my employer refuse to accept my letter of resignation?

Just post it to HR…If they also dont accept, just check your No dues and then move

What are the legal issues for leaving a company while under a signed bond? They notified me that I will have to pay or they will take legal action. Is this case under criminal record? Will this affect my eligibility for the civil service?

All other answers, every one missed few big point which I thought should be here.First thing this no where a fight of legal and you. If legal thing come then others answers are 100% valid and company can't claim anything more than traning money.   Following problems you will face if you don't pay a bond amount Company won't give you resignation letter.Company won't give you experience letter.Company will give negative feedback about you whenever your any future company will ask.They can blacklist you.And also salary of notice period.And if you are planning to go any reputed company or big MNC or you think in future fortunately or unfortunately you will going to join company like TCS Infosys wipro .... 1000s other companies, who will go up-to your schools for verifying you then first four points ( points form 1-4 ) will screw your entire life with load. Why we are helpless First thing i want to mention i have zero clue about legal and laws. I Just google various bonded labor laws and section 27 ( and this only from my understanding i am not claiming anything )   If company will go to court and failed       1. Then company need to pay penalty of Rs 2000/- (30$ USD approx) (according to india from my understanding)  or three years of prison.             You Know then what company will do!!!! obuasly rs 2,000/- , this bounded labour law was created in 1976, So I think that would be heavy amount of that time but now everything got changed.   If they win    1. You will need to pay training cost.   Your loss, irrespective whether you win or failed     Company give negative feedback about you always + you will be blacklisted for always  + your background verification will always failed + No good companies will hire you.So, now you can decide whether we are Independent citizens or Bounded Labour.  And what you need to do.

Help in history!?!?! (World War II and I) Few questions i need answering please...!?

WW1 happened because of the expanding imperialist countries. Major countries like France, Austria-Hungary, and England. They all wanted more land and resources to become even more powerful.

The Nazi party is the National Socialist Party. They believed in a strong government and promised to turn Germany back into a world power.

Communists believe in a form of government called communism. Communism has the idea of equality for all and ownership for all. While this idea sounds great on paper, it will never work because of people's greed.

The French and British created the Treaty of Versailles. It was a harsh treaty that forced the Germans to pay reparations to Great Britain and France.

Hope this helps. Good luck.

TRENDING NEWS