Security deposit

what is the meaning of staff security deposit??
Replies (3)
Quick Summary
A staff security deposit is an amount an employee pays to an organisation before starting work, which is usually refundable. However, employers demanding such deposits may be acting illegally. The discussion explores whether employers can legally forfeit this deposit if an employee doesn't work for the agreed period.

An amount which should be deposited by the staff in an organisation before joining the company. Employers told that it is refundable but it's an illegal process
If employee does not work for agreed period then can employer forfeit that deposit
May be

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details