I'm seeking your input on addressing a sensitive situation. An employee mistakenly drafted an agreement with a client, resulting in a loss of Rs. 35,000 to a company.
The employee's monthly salary is Rs. 32,000. While deducting the entire amount from their salary might seem justified, I'm open to alternative solutions that minimize the impact on both the employee and the company.
Do you have any suggestions on how to handle this situation in a fair and constructive manner?
Distribute the amount in next 5 months for EMI of Rs. 7K PM.
Thank You very much!! what about if not deducting the amount and what impact in office sociology?
Depends upon the policy of the employer. Many such events are condonable. Most of such losses are even insured by company.
VIKAS VERMA & CO
New Delhi
Others
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A R JADHAV AND ASSOCIATES
Mumbai
CA Inter
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