Jul 16, 2021
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Aug 5, 2021 · A VSS is a scheme put forward by Employer who intends to downsize or restructure the manpower organization. The VSS will be offered by the ...
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Nov 12, 2020 · A voluntary separation scheme ('VSS') is a scheme/ offer where an employer invites and offers the employee to resign voluntarily without the ...
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A targeted voluntary severance scheme offers an opportunity for qualifying employees working in specific areas to apply to leave their employer on a voluntary ...
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Voluntary separations means employees leaving or quitting an Organization on their own reasons but not for the decision made by their organisation .
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Laid off, made redundant, retrenched, delivered, planned retrenchment, optional resignation packages and Voluntary Separation Scheme (VSS) are all fancy words ...
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Q: What is Voluntary Separation Scheme (VSS)? A : A VSS is a scheme where employees are allowed to leave or resign from their service by receiving severance ...
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Mar 21, 2020 · Voluntary Separation Scheme (“VSS”) is a scheme or method used by a company when they are not officially retrenching but they have to get ...
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The purpose of the voluntary separation program is to allow employees to voluntarily separate employment when business needs demand a reduction in force.
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Voluntary & Mutual Separation Schemes (VSS/MSS) ... Well drafted contracts and policies are essential to properly protect both employers and employees and help ...
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Definition: Voluntary retirement scheme is a method used by companies to reduce surplus staff. This mode has come about in India as labour laws do not permit ...
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Apr 2, 2020 · Upon an evaluation of their manpower requirements, companies may opt to offer a voluntary separation scheme or undertake a retrenchment exercise ...
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they framed what were termed as Special Voluntary Retirement Scheme or Voluntary Separation Schemes on 29.11.03 and 18.09.03. The DISCOMS ... scheme is only ...
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Nov 17, 2021 · The VSS is offered strictly on a voluntary basis and all applications are expected to be submitted by 2 Dec 2015. Employees who are successful ...
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