Good News For All Private Comp employees
Sriram Vaibav
Guys.........good news........cheers.........
Union Finance minister Mr Pranab Mukherjee, Chidambaram has approved a Bill which
comes into effect on 01.04.2012 and it states that all Privately Held
companies need to give a minimum salary increment of 15% to all employees every
year.
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 colleague.
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Regards,
Sriram G V
Value has a value only if its value is valued