Compensation & Development #

This section outlines our guidelines for compensating contractors according to their employment status. We also describe our performance management and employee development policies

Payroll #

We will pay your agreed-upon compensation by checks, bank transfers, or cash by the first week of the following month. You should be diligent in clocking in and out and using our timesheet software so we can accurately calculate your pay.

To be eligible for payroll, you must have been present for at least 15 calendar days during that calculated month.

All staff on contract in India and the U.S. need to submit invoices before the payroll date to be eligible to be considered for payroll.

All contract staff in India must ensure their PAN number is correct to ensure all TDS (Tax Deducted at Source) compliance. The HR team will help you with important forms associated with your tax returns or any other necessary compliance, etc.

Time of payment #

The wages for every person employed shall be paid before the expiry of the fifth day after the last day of the wage period of the month in respect of which the wages are payable.

All wage payments shall be made on a working day over bank transfer.

Deductions of wages #

The deductions that can happen from your wages in India (equivalent in other countries) and your Full and Final Settlement (FnF) are as follows:

• Fines
• Deductions for being Absent.

If ten or more employed persons acting in concert absent themselves without due notice (that is to say, without giving the notice which is required under the terms of their contract of employment) and without reasonable cause, such deduction from any such person may include such amount not exceeding his wages for eight days as may by such terms be due to the employer in lieu of due notice.

Explanation. – For the purposes of this section, an employed person shall be deemed to be absent from the place where he is required to work if, although present in such place, he refuses, in pursuance of a stay-in-strike or for other cause which is not reasonable in the circumstances to carry out his work. - Puducherry Shops and Establishment Act.

• Deductions for damage to, damage to, or loss of, goods expressly entrusted to the employed person for custody or for loss of money for which he is required to account where such damage or loss is directly attributable to his neglect or default;
• Deductions for house accommodation supplied by the employer;
• Deductions for such amenities and services supplied by the employer as the Government may, by general or special order, authorize;
• Deductions for recovery of advances or for adjustment of over payment of wages;
• Deductions of income-tax payable by the employed person;
• Deductions required to be made by order of a Court or other authority competent to make such order;
• Deductions for subscriptions to and for repayment of advances from any provident fund to which Provident Funds Act, 1952 applies or any recognized provident fund under section 2 (38) of the Indian Income Tax Act, 1961;
• Deductions for payments to cooperative societies approved in this behalf by the Government or to a scheme of insurance maintained by the Indian Post Office or by any insurance company approved on this behalf by the Government;
• Deductions made with the written authorization of the employed person in furtherance of any savings scheme approved by the Government for the purchase of securities of the Central or State Government.