Just wanted to know whether emp of subsidiary companies will get same benifits as emp of the parent org?

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Just wanted to know whether emp of subsidiary companies will get same benifits as emp of the parent org?

Hey Friends ! needs some help..Basically I want to know what are the rights of employees of a subsidiary company.If the parent company is a listed company,Is it liable to provide all benifits to the subsidiary?

2007-01-07 20:58:29 · 2 answers · asked by coco shade 2 in Business & Finance ➔ Corporations

2 answers

The mother co. is liable to pay benefits to all employees. Provision of law does not contain clause excluding employees as a general rule. To do so shall be contrary to law, morals and public policy.

2007-01-07 21:16:30 · answer #1 · answered by wilma m 6 · 0⤊ 0⤋

Read your employee handbook, and look here:
http://www.workplacefairness.org

2007-01-07 21:01:29 · answer #2 · answered by Anonymous · 0⤊ 0⤋