Will I get a salary

Will I get a salary

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Deal Newbie
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I was locked out in my home town can’t go to the work and my employer is marking as a loss of pay and will I get my salary during the lock down period
Note: I work for a private bank so there is no option of work from home .

27 Comments  |  
18 Dimers
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Entertainer
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Contact Kejru or Modi… heard only them talking something in ur favor… sad toungueout

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Deal Cadet
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@ Op, how can we know if your bank will pay you or not ?? rolleyes

I hope you do get paid anyways…

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Entertainer
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For Banks i don’t know but my brother works in Pvt company and he has been given only half salary (as 14 days were completed before lockdown)
But u will surely get something. Don’t worry

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Deal Cadet
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In view of our Hon’ble Prime Minister’s appeal EPFO urges all its establishments not to cut salaries or resort to layoffs of their employees,unable to work due to Covid19 or lockdown. Let’s all stay united to continue our fight against the Covid19 pandemic.

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Deal Lieutenant
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rockingneo wrote:

In view of our Hon’ble Prime Minister’s appeal EPFO urges all its establishments not to cut salaries or resort to layoffs of their employees,unable to work due to Covid19 or lockdown. Let’s all stay united to continue our fight against the Covid19 pandemic.

No one gives damn about that appeal.

Search #salarycut on Twitter

State Govt’s has cut 50% salary for 90% employees…only class4 employees are spared with 10% cut

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Deal Newbie
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Bro report to your zonal office or regional office of your bank in area which you are currently living. ALSO leave a mail to branch original RO and Nearby RO with request to let you work from your nearest branch. they will consider your request.

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Deal Newbie
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Every salaried person is worried about his salary but think about businessman family. Nobody talking about them and they will bear a Hugh loss. Businessman relates to all class .

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Deal Subedar
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agarwal15 wrote:

Every salaried person is worried about his salary but think about businessman family. Nobody talking about them and they will bear a Hugh loss. Businessman relates to all class .

Was about to post. We are a small manufacturing firm and business was really good till Demo with growth of 20%+ since the past decade.

Demo curtailed our business growth (infact started declining since 2017), GST made it extremely difficult for survival and now this lockdown has just about killed it. No funds with us to pay salary/wages and in this moment, local SBI branch manager has sent us notice to clear our OD loan or that he will take action..

We genuinely want to pay salary/wages but have no solution in sight.

Never been this stressed in my life.

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Deal Newbie
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cashif wrote:

Was about to post. We are a small manufacturing firm and business was really good till Demo with growth of 20%+ since the past decade.

Demo curtailed our business growth (infact started declining since 2017), GST made it extremely difficult for survival and now this lockdown has just about killed it. No funds with us to pay salary/wages and in this moment, local SBI branch manager has sent us notice to clear our OD loan or that he will take action..

We genuinely want to pay salary/wages but have no solution in sight.

Never been this stressed in my life.

Bro that’s my concern . People are getting 100% salary but now worried about some deduction either govt or private employees but businessmen are only in loss and it will take a lot time to recover. In this disaster businessman lost everything. I comes from business family and really really worried about our future after this also pending payments are stuck in market too.

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Deal Newbie
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thats the risk involved with entrepreneurship more the risk higher the reward

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Deal Newbie
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cashif wrote:

Was about to post. We are a small manufacturing firm and business was really good till Demo with growth of 20%+ since the past decade.

Demo curtailed our business growth (infact started declining since 2017), GST made it extremely difficult for survival and now this lockdown has just about killed it. No funds with us to pay salary/wages and in this moment, local SBI branch manager has sent us notice to clear our OD loan or that he will take action..

We genuinely want to pay salary/wages but have no solution in sight.

Never been this stressed in my life.

thats the risk involved with entrepreneurship more the risk higher the reward hope u all will recover soon best of luck brother

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Blogger
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DealLooter wrote:

No one gives damn about that appeal.

Search #salarycut on Twitter

State Govt’s has cut 50% salary for 90% employees…only class4 employees are spared with 10% cut

Salary cuts are better than job loss. And I believe state Govt employees will get the money back at a latter stage.

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Deal Subedar
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agarwal15 wrote:

Bro that’s my concern . People are getting 100% salary but now worried about some deduction either govt or private employees but businessmen are only in loss and it will take a lot time to recover. In this disaster businessman lost everything. I comes from business family and really really worried about our future after this also pending payments are stuck in market too.

Exactly, it’s not that we don’t have funds, it is stuck in market and not able to collect it. Last 3 months, we have been able to collect less than 10% from our creditors.

Since GST, instead of payment terms improving, as was anticipated, it has deteriorated so badly that our average collection time ilhas gone down to 7-8 months from 3-4 months earlier. On top of this,  we have to shell out 18% gst every month!!

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Deal Cadet
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cashif wrote:

Was about to post. We are a small manufacturing firm and business was really good till Demo with growth of 20%+ since the past decade.

Demo curtailed our business growth (infact started declining since 2017), GST made it extremely difficult for survival and now this lockdown has just about killed it. No funds with us to pay salary/wages and in this moment, local SBI branch manager has sent us notice to clear our OD loan or that he will take action..

We genuinely want to pay salary/wages but have no solution in sight.

Never been this stressed in my life.

U must have got profits during these times right?
U cannot pay from Ur profits?

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Deal Cadet
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Since we have enough time now . Please go through t n c of all policy that you might have taken ..

There might be some provision ..

One off the health insurnace covered loss of pay .. but it was due to some illness..

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Deal Lieutenant
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what about jobless person like me ?
rolleyes cry

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Deal Subedar
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kirandr221996 wrote:

U must have got profits during these times right?
U cannot pay from Ur profits?

Negligible profit since Demo as our turnover declined by 50%. Moreover, with poor payment terms, we had to further invest for GST (for 6 works payment term, nett gst alone comes to nearly 100% of working capital) All the profit eaten away and we were surviving…

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Deal Cadet
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cashif wrote:

Was about to post. We are a small manufacturing firm and business was really good till Demo with growth of 20%+ since the past decade.

Demo curtailed our business growth (infact started declining since 2017), GST made it extremely difficult for survival and now this lockdown has just about killed it. No funds with us to pay salary/wages and in this moment, local SBI branch manager has sent us notice to clear our OD loan or that he will take action..

We genuinely want to pay salary/wages but have no solution in sight.

Never been this stressed in my life.

Siachen mein hamare jawaan lad rahe hai

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Community Angel
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P_A_N_K_A_J wrote:

For Banks i don’t know but my brother works in Pvt company and he has been given only half salary (as 14 days were completed before lockdown)
But u will surely get something. Don’t worry

How 14 days only ?

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Community Angel
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s_u_r wrote:

what about jobless person like me ?
rolleyes cry

Before lockdown who was giving fund to jobless person ?

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Deal Subedar
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yes, you will get dnt worry

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