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What is Buyout Option?

What is Buyout Option? Buyout option Buyout option is what comes into light when a company wants a candidate to join their team immediately for which they will pay the candidates current company. These situations usually arise when the company is looking for a candidate in specific skill set and should join their team immediately instead of joining after serving his/her notice period completely. What is buyout option? What is buyout option? In ...

What is Buy Out Policy?

What is Buy Out Policy? TCS notice period buyout TCS notice period buyout is possible so as to move on from the company at the earliest you wish without serving the notice period. For a successful buyout plan to work, you should have good balance with your seniors in specifically with your manager, you should be able to convince them for a buyout in a positive way and make sure not to be negative in any way to the company, no dependency on you in th...

What are IT Recruiter Interview Questions?

What are IT Recruiter Interview Questions? IT recruiter interview questions IT recruiter interview questions should be in such a way that they could catch the right talent as any mistake made would lead great loss to both the company as well as the individual himself or herself. The job of an IT recruiter is to identify the apt candidates, screen them and finally hire the best. In this process as an IT recruiter you should be able to shoot proper interview questions ...

How to Withdraw Pf Amount While Working?

How to Withdraw Pf Amount While Working? How to get PF amount? How to get PF amount? PF withdrawal process has changed a lot recently making it easy to the applicant, now that an applicant can either apply online or offline. Individuals can apply offline by submitting the required forms at the EPF office or can apply online on the EPF portal. Individuals can chose for a final settlement or PF partial withdrawal or pension withdrawal benefit as per their choice. C...

How to Withdraw PF Amount from Previous Company?

How to Withdraw PF Amount from Previous Company? I want to withdraw my PF online I want to withdraw my PF online, this is the most common action taken by many employees after government has announced the feasibility of withdrawing money whenever needed. Unlike before, PF withdrawal has become so easy that it can be made via online or offline as per the appliers interest. If you have left a company from where you want your PF settled, here is a request letter format to use. ...

GD Topics on Economics and Business

GD Topics on Economics and Business Here we discuss about the latest economics and business group discussion topics for 2018-19. 1.Despite the comparisons, India’s Aadhaar project is nothing like America’s Social Security Number. 2.Is the Aadhaar database secured enough? 3.Are the charges on ATM cash withdrawals justified? 4.Is demonetization affecting common people more than black money holders? 5.India is the most corrupt country in the worl...

What is the workmen compensation act?

What is the workmen compensation act? Workmen compensation act The Workmen Compensation Act establishes compensation to employees and employee dependentsat the event of injuries or accidents (including certain occupational diseases) that result from employment or work and that result in disability or death. Law applies to railway officials and persons employed for specific purposes in Schedule II of the Act. This schedule also includes persons employed in moto...

What is the suspension period salary?

What is the suspension period salary? Suspension rules for state government employees Suspension rules for state government employees are when a government employee is suspended, the employee will still be entitled to 50% of its effective salary during the suspension. If the suspension is revoked and employee can resume his work. Once subjects innocence is proven, the employee will receive full payment of the balance (50% of the salary during the suspension), ...

What is retainership?

What is retainership? What is retainership? Retainership is "A person who is hired by a company or firm to advise on complex issues that require experience, for example, labour laws, pension issues or land / intellectual property, etc. retainership fees are a basic cost to pay for the services of a consultant by an employer,like an independent professional, a lawyer or another professional. It isa withholding commission is generally paid t...

What is Compoff?

What is Compoff? What is Compoff? Compoff leave granted to an employee as compensation for additional work. The compensatory leave is considered as permission to work an additional day of work weekly or on holiday. Compensatory leave policy is defined by rules outlined by the company. Compensation off rules are half days are not sanctioned as a leave. Compensatory off of two half-day exclusions should be combined to allow a one-day compens...

What is CLRA?

What is CLRA? CLRA The government of India drafted the CLRA to avert the exploitation of subcontracting work and establish better working conditions. The CLRA full form is Contract Labour Regulation and Abolition Act, 1970. According to the CLRA Act, contract labour is employed as an entrepreneur when he/she is hired as part of the work of an organization through a contractor. The contracts labours are indirect employees. Contract work...

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