Loan to Employees

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Rajeshwari R

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Jan 20, 2016, 7:47:09 AM1/20/16

to csmysore

Dear All,

As per the circular 04/2015 dated 10.03.2015, these two specifics are included in the circular ‘in accordance with the conditions of service applicable to the company and also in accordance with the remuneration policy’

Is there anything defined / laid out or explained in terms of compliance related to the two specifics

Given that the salary of the employee is meagre & loan amount is comparatively big, should the company be looking into deeper aspects of conditions of service & if yes, in what possible manner. Similarly remuneration policy..should something in documentation be present with the company in terms of remuneration policy & if it does not have, should something be documented or can it ignore it