3.2-Relocation Entitlement 108
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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