IR Executive Question:
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Explain me what Is The Procedure For Retrenchment?
Answer:
Under the Act for the purpose of the retrenchment it is required that the workman must have been employed for a period of not less than twelve months and that during those twelve months he had worked for not less two hundred and forty days.
The employer is required to prepare a list of all workman in the particular category from which retrenchment is contemplated, arranged according to the seniority of service in that category. A copy of the list shall be displayed on the notice board in a conspicuous place in the premises of the establishment, at least seven days before the actual date of retrenchment.
The employer is required to prepare a list of all workman in the particular category from which retrenchment is contemplated, arranged according to the seniority of service in that category. A copy of the list shall be displayed on the notice board in a conspicuous place in the premises of the establishment, at least seven days before the actual date of retrenchment.
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