3.2-Relocation Entitlement 108

2
The policy is for employees who are relocating themselves at the time of joining or The entitlements are as follows: Travel entitlements Accommodation Transportation of household goods Approval Employee + spouse & childrenlimitedto two, second A/c. Train fare subject to production of used ticet. !n case the employee uses other means of transport, reimbursement will be limited to actual e"penses or second A/c. train fares which ever is lower. #ompany contributes towards $otel accommodation upto % days ' (s. ) * a"imum per day, subject to production of bills & subject to prior written approval from the designated authority. -imited to actuals or (s.% , / which ever is lower. This #overs 0reight / Transportation charges for house hold and vehicle transport, including insurance and (e pacing 1acing charges -oading and unloading charges Transfer of registration of vehicle *ma"imum one #E2/#02 $( will forward the claim, approved by #E2/#02 to accounts department. Accounts department will release a che3ue in favor of the employee within % d !n case employee leaves within a year of joining the above payment will be re full. Relocation Entitlement

description

relocation policy

Transcript of 3.2-Relocation Entitlement 108

Visitors

The policy is for employees who are relocating themselves at the time of joining or on transfer.

The entitlements are as follows:

Travel entitlementsAccommodationTransportation of household goodsApproval

Employee + spouse & children limited to two, second A/c. Train fare subject to production of used ticket. In case the employee uses other means of transport, reimbursement will be limited to actual expenses or second A/c. train fares which ever is lower.

Company contributes towards Hotel accommodation upto 10 days @ Rs. 500 (Maximum) per day, subject to production of bills & subject to prior written approval from the designated authority.

Limited to actuals or Rs.10,000/- which ever is lower. This Covers:

Freight / Transportation charges for house hold and vehicle transport, including insurance and Re-packing

Packing charges

Loading and unloading charges

Transfer of registration of vehicle (maximum one)

CEO/CFO

HR will forward the claim, approved by CEO/CFO to accounts department.

Accounts department will release a cheque in favor of the employee within 10 days.

In case employee leaves within a year of joining the above payment will be recovered in full.

Relocation Entitlement