New Delhi: After all the changes after the corona virus, there can be a change in salary slip.
News is coming that sectors like IT sector, banking, FMCG, consultancy, automobile, manufacturing can bring new salary slips. Anshul Prakash, partner at Khaitan & Co, a specialist in Employment and Labor Law, said companies have plans to formulate a new policy on behalf of HR. He also informed that now components like travel and convenience allowance, oil and driver’s allowance, vehicle maintenance charge can be removed from the salary slip. This can happen because people are not traveling and working from home.
According to a top law firm, the focus of companies is on saving money and optimizing operation costs. Many companies are considering eliminating old and traditional allowances such as convenience allowances and new types of allowances in work from home.
The new salary slip can include allowance for high speed internet. It may also include home office furniture, laptops, printers, mental and physical health apps, etc. If the crutch is off, then the salary slip may also include expenses for domestic help.
