Investor Presentaiton
Headings
Old Labor Laws
Discrimination:
New Labor Laws
No
• Discrimination:
Specific
on
provisions
for
preventing
specific provision
discrimination
Overtime for managers:
No sufficient clarity
No clarity on
on terms
discrimination
Overtime for managers: separate
arrangement made
Flexibility to agree on the terms of
terms of
service for CEO
hiring CEO
Benefits
Provident Fund:
Eligibility: Permanent
worker or employee
Contribution: 10% of
employer + 10%
of
employee calculated
on
basic remuneration
of
employee
• Deposit in: Enterprise
level fund or Retirement
Fund
Provident Fund:
Eligibility: From the first day of
appointment
Contribution of employee: 10%
of employer + 10% of employee
calculated on basic remuneration
of employee
Deposit in: Social Security Fund
PIONEER
LAW ASSOCIATESView entire presentation