Dear Member,

Two recent Supreme Court judgements on Provident Fund and Employee Pension Scheme (EPS) have generated a lot of interest due their far-reaching impact on the Industry.

Over the past few years, there have been a number of High Court rulings on coverage of allowances under basic wages for calculation of Provident Fund contributions and these High Court rulings were challenged before the Supreme Court. Five such High Court rulings were clubbed together and heard by the Supreme Court.

The Supreme Court decision on what constitutes wages for the purpose of Provident Fund (PF) contributions and several questions regarding the category of employees it impacts, whether it will be retrospective or Prospective, Whether it reduces you take home pay, What will be consequences of change in employment, will employers have to consider reviewing wage structures for their workforce generally or for a specific employee category etc... Have been raised.

In order to answer the above questions and to evaluate Pros and Cons of the judgements on Compensation & Benefits of employees, HYSEA is happy to invite you to an interactive session with Labor Laws expert Advocate, Mr. Radhakrishna Moorthy.

Mr. Radhakrishna Moorthy is a practicing advocate in High Court of Andhra Pradesh, both original and appellate jurisdiction and also a corporate legal consultant/advisor since 1987. His core competency is in the area of Industrial & Labour Laws with Strategic I.R & H.R. Management He is also a member of Andhra Pradesh Minimum Wages Board Rationalization Committee Representing Employers on behalf of Andhra Pradesh Federation of Chamber of Commerce and Industry and Member of IR & HR committee of Federation of Andhra Pradesh Chamber of Commerce.
Friday, 26th April 2019, 2pm – 5pm Club Botanika
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