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  • 2 days ago
What's the increment rule for employees
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Yours sabdhan India pradeep
Pradeep Kumar Nanda
Transcript
00:00Hi, I am a friend of mine.
00:01Today we will talk about the company's increment.
00:05Every year, there is a company in a increment.
00:07There is a salary device.
00:10If you are a government,
00:12if you are a private company,
00:16you will be able to do this video.
00:18Please check out my video.
00:20I need to check out the rules.
00:23The rules are the rules.
00:26In this case, we will talk about the company's increment.
00:30We will talk about the time.
00:32We will talk about the time.
00:33We will start.
00:34I will see you.
00:36The key aspect of salary increment rules.
00:43First, it is private sector.
00:46If you are in private company,
00:47you are not in government,
00:49you are in private.
00:50The increment are
00:53and you are based on performance.
00:58You are the performance of the March to April.
01:03The performance above the salary increment is increased.
01:081.
01:09The trend of market trends.
01:12This trend includes market trends.
01:13I can say that if a company is more than a trend, it will be more than a profit.
01:21The rate is high, and the company's profit is less than a margin, it will be less than an increase.
01:31The company's profitability, which you can tell, the company's profit depends on the year,
01:36the financial year of April to March which is the performance and profitability
01:43which is the increment and the salary of the revise depends on the price of a high
01:51is promised in the apartment later when you get the apartment later, if you get the apartment
01:58later, the apartment later will be given to each company.
02:06you have to get eight percent or seven percent increment company
02:10profit and loss but if you have to do the legal rule and it is legally binding
02:21and if you don't do it then go to the labor code in your company case file
02:29second point is public sector government which people are working in the public sector
02:35and what do you need to do the uniform date of annual increment is typically July 1st
02:44is provided in the government sector and the annual increment July 1st
02:50is provided employees have completed 6 months of service in the revised pay last year
02:58minimum six months come to charge you have six months come to get all of them
03:03you are eligible for pay-structure and you can get to work in the country
03:11foreign to new labor code 2025-26 now I'm going to labor for a year
03:16which is my instrument of the new regulations such as the code on wages
03:23the code on wages are required that an employee basic salary construction at least 50% of the
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05:10in lower-tech home pay, which is less than a low-tech salary.
05:22Effectively, restructuring salary rather than mandatory and increase.
05:26Restructuring salary will be in April and the increase will be in the case of government rules.
05:33of the next car can get the illness and this phone will take the
05:36idea of the asana the key is increase the percent of the
05:40the the the a couple percent five percent
05:42the the the the a is increase periodically for government
05:49employees to offset inflation effectively increasing the salary
05:53I the the same increase of the test that the
05:57also what I'm what I'm going to talk about how to
06:01I am working beyond 48 hours in this week, you have to work for 48 hours,
06:12you have to work for 12 hours or 8 hours or 9 hours, you have to work for a company.
06:20The necessity is overtime payment, you have to work for a company under the level of law,
06:27but this is not considered as a formal salary increment.
06:30The increment is separate, it is yearly given, but overtime is given monthly.
06:39I think you understand.
06:39Next is legal protection.
06:41What is legal protection?
06:44While there is no legal requirement to increase salary,
06:47the payment of wages Act 1936 ensures that wages are paid on time,
06:52monthly salary you need to get time, compensation, adjustment, most other, to agree term.
06:58If you agree with the company, you have to pay the payment.
07:02You have to pay the payment.
07:05In India, there is no specific central law
07:10mandating annual salary increment in the private sector.
07:13There is no separate rule.
07:16Hikes are governed by employee, contacts, company policy and performance.
07:21This depends on your performance, contacts and policy.
07:27However, companies must comply with the minimum wages Act and ensure minimum wages devised by state government and mandate.
07:35You can look like this before,
07:36Thank you for watching my video.
07:38Thank you for watching my video and you all are sparkling,
07:40I appreciate that.
07:42Thank you for watching my video.
07:42I appreciate that you all are very much thank yous.
07:45I appreciate your support and your support.
07:52You all are really good.
07:58Hymn
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