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Supreme Court Gives A Nod To Withholding Employees Gratuity For Recovery Of Dues - Employment and HR

The Apex Court, vide its order dated December 15, 2020, in Steel Authority of India Limited vs. Raghbendra Singh & Ors 1, propounded that there does not exist any constraint regarding withholding an employee s gratuity against the recovery of dues from such employee, including penal rent, which in the instant case pertained to the overstay by the employee in official company provided accommodation. Gratuity is a lump sum amount payable by an employer to an employee, as a sign of gratitude for the services rendered by the latter during the course of his employment. The respondent, in the present case (the employee), was initially appointed as a Work

The Death Of An Appeal: Court Of Appeal Dismisses Funeral Home s Appeal, Upholding $1 274 Million Damages Award For Constructive Dismissal - Employment and HR

Bottom Line In a recent decision, the Court of Appeal for Ontario upheld the lower court s decision awarding a former employee over $1.274 million as a result of the employer unilaterally imposing a number of changes to the terms of employment. The employment relationship was governed by a 10-year fixed term contract with no termination provision. This is one of the highest damage awards ever issued in a Canadian wrongful dismissal case. It serves as a stark reminder to employers that using fixed-term contracts can be extremely costly if they are not carefully and properly drafted. Background The respondent, Grant McGuinty, sold his family s funeral

Guernsey Capitalising On Captive Insurance Expertise To Become Leader In Longevity Risk Transfers - Finance and Banking

To print this article, all you need is to be registered or login on Mondaq.com. Guernsey is a leading jurisdiction for longevity swaps. Here, Carey Olsen corporate partner Christopher Anderson explains how the island has capitalised on its expertise in captive insurance to provide a solution for pension funds exposed to longevity risk. In the last five years, a number of well-known pension funds have completed transactions worth in excess of £30 billion through captive insurers based in Guernsey – as set out below: BT (2014) - Value of £16 billion Merchant Navy Officers (2015) - Value of £1.5 billion British Airways (2017) - Value of £1.6 billion

Ontario, Canada: Arbitrator Upholds Mandatory Employee COVID Testing - Employment and HR

In Christian Labour Association of Canada v. Caressant Care Nursing & Retirement Homes (D. Randall), a union filed a group grievance on behalf of a number of its members working at an Ontario retirement home to challenge the reasonableness of a policy imposing bi-weekly COVID testing on all staff. In a December 9, 2020 decision, the arbitrator dismissed the grievance on the basis that the policy is reasonable when the privacy intrusion is weighed against the objective of preventing the spread of COVID in the retirement home. Background Residents of the retirement home live independently with minimal to moderate support. There were no positive cases of COVID

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