Dmc123
Associate Consultant

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I have resigned from Service of the company without completing 1 month notice Period. my resignation was accepted with this condition that i will have to pay 1 month Salary in liue of notice period according to the PAYMENT OF WAGES ACT.
I want to know that what is the meaning of one month salary? Basic+DA or basic salary only?
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Dmc123
Associate Consultant

Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
I have resigned from Service of the company without completing 1 month notice Period. my resignation was accepted with this condition that i will have to pay 1 month Salary in liue of notice period according to the PAYMENT OF WAGES ACT.
I want to know that what is the meaning of one month salary? Basic+DA or basic salary only?
Community Prime Sponsors
FactoHR.com - Payroll Software with GPS Enabled Attendance, Travel, Performance Management, HRMS.
Talentedge.com "Interactive Anywhere Learning". Executive courses from top reputed institutes like IIM, XLRI, MICA.
dear sir,
Does not appointment letter stipulate one months notice? IF so , then what are the wordings of the clause stipulating the notice period, if it states that notice or payment in lieu of notice is to be given on either side, then you are also bound to pay the full one months salary if no notice is served. However it is not governed by Payment of wages act
dear sir,
Does not appointment letter stipulate one months notice? IF so , then what are the wordings of the clause stipulating the notice period, if it states that notice or payment in lieu of notice is to be given on either side, then you are also bound to pay the full one months salary if no notice is served. However it is not governed by Payment of wages act
Usually, it will be the complete one month’s salary..... but I would suggest you to refer your employment agreement, because the company may decide either way depending on its policy....
Usually, it will be the complete one month’s salary..... but I would suggest you to refer your employment agreement, because the company may decide either way depending on its policy....
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