Business

Retrenchment Going On In Companies; Know What The Rights Of An Employee Are

Recently, there have been reports of Mass Layoffs News from Amazon to Xiaomi. Now consider it a sign of a recession or a period of recession in the market, but this is the reality of the present time. The sword is still hanging on the job of many people; in such a situation, if a company removes an employee from the job (Layoffs), then what rights does he have (Rights of an Employee)? Let’s know…

Generally, most employees are unaware of their rights regarding the job, and the companies do not spread much awareness among them about it. That’s why it is now essential for you to know about these rights…

Law Can Void The Contract

According to news from ET, most of the employees sign a contract while joining a job in a company. This contract decides the terms and conditions of their service in the company. But do you know that labour and employee welfare laws can nullify all such agreements?

Although there is no uniformity in labour laws regarding the contract of companies, they do not deal with many intricacies of the relationship between the company and the employee. The contract is valid at that time. But there is a provision to compensate the employee in case of dismissal.

In this situation, if the company’s contract talks about 30 days’ salary, and the law talks about 90 days’ salary. Then the rule of labour law will apply. On the other hand, if the contract talks about salary for 60 days, while the law talks about compensation for as many as 30 days, then the employee will get a salary only for 60 days, which means the contract will be valid. Let us tell you that in every state, the labour law is moulded according to its own.

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