In order to reduce the impact of termination of employment and to provide security to employees from sudden loss of job in the private sector, a private member bill, namely the Terminated Employees (Welfare) Bill, 2020 (“Bill”), was introduced by BJP MP Mr. Rakesh Sinha on February 07, 2020, in the Rajya Sabha. In the absence of any specific law imposing an obligation on employers to provide post-employment benefits for the period of unemployment, this Bill provides pecuniary benefits to dismissed employees to overcome the general economic hardships resulting from loss of employment. The key provisions of the Bill are summarised below:
1. Applicability and benefits: An employee will be entitled to unemployment compensation, health insurance benefits or any other benefits as may be prescribed by the Central Government (“Bill Benefits”), (in addition to provident fund, gratuity, leave encashment, etc.,) in case his/ her employment is dismissed owing to winding up of the organisation/ establishment due to:
2. Non-Applicability: The Bill does not apply to employees whose employment have ceased on the following grounds of:
3. Definition of Employer: The definition of an employer in the Bill is not aligned to any of the existing labour legislations in India. It only includes owner or director of any private establishment or organisation where 10 (ten) or more persons are employed. All the organisations/ undertakings which are owned, controlled or funded by either the Central or the State Government have been excluded from the definition of “employer”.
4. Definition of Terminated Employee: An important definition under the Bill is “terminated employee”, which includes any employee whether on regular or temporary basis, or casual in nature or on contract, whose services have been terminated. Please note that the scope of the definition is very wide and does not exclude employees in a managerial or supervisory category like most labour statutes.
5. Duration: A terminated employee is entitled to the Bill Benefits only if such benefits are not part of the employer-employee agreement. Such benefits are available only for a period of 9 (nine) months (inclusive of notice period, if any) or till the time he/ she gets employed elsewhere, whichever is earlier.
6. Unemployment compensation vis-a-vis severance package: The unemployment compensation, which is to be paid by the employer under the Bill, should not be less than 60 (sixty) percent of the gross salary or as provided under the employment agreement (if any), whichever is higher. However, if the terminated employee is being provided with a severance package, which is higher than the unemployment compensation, then such employee will not be entitled to unemployment compensation under the Bill. Currently, the only legislation, which provides for severance compensation is the Industrial Disputes Act, 1947 (or the corresponding state industrial disputes act) (“ID Act”), which applies only to “workmen”, who have completed 1 (one) year of continuous service, as defined thereunder. Under the ID Act, upon closure, a dismissed employee is entitled to a minimum of 1 (one) month notice (or payment in lieu thereof) and retrenchment compensation (severance pay), which is calculated at the rate of 15 (fifteen) days average pay for every completed year of service or any part thereof in excess of 6 (six) months. It would appear that the unemployment compensation under this Bill would be in addition to retrenchment compensation as mandated under the ID Act, except where the retrenchment compensation is higher.
7. Payment of interest: An employer is duty bound to provide the Bill Benefits to terminated employees from the month following the month on which termination is communicated to the employee or completion of the notice period, if any, whichever is earlier. In the event, the employer fails to pay such benefits to the terminated employee within 1 (one) month from the date of termination, the employer shall be liable to pay interest at the rate of 12 (twelve) percent per month for such delay.
8. Creation of corpus fund: The Bill casts an obligation on the employer to create a corpus fund with contribution of at least 5 (five) percent of the net profits of the organisation. Additionally, the employer may solicit contribution from any organisation, individual or trust for maintaining the fund. This is an entirely new concept, which is not envisaged under the current labour law regime. Such corpus can only be used for the welfare of the terminated employees. The corpus fund may also be utilised for:
9. Rulemaking and funding by the Central Government: The power to make rules under this Bill is vested in Central Government, along with an obligation to provide adequate funds for carrying out the purposes of the Bill.
While the Bill is intended to reduce hardships on account of termination of employment, there are some practical issues, which make the Bill unfeasible:
Given that the Bill is a private member bill, the chances of it being passed in both houses of the Parliament are also very minimal, as generally private member bills do not proceed beyond the stage of introduction. The Bill is also likely to be viewed as anti-industry and could run counter-productive to some of the Government’s initiatives to improve ease of doing business in India. Nonetheless, this Bill is important since it highlights some of the lacunae in the current regime vis-a-vis termination of employment in the private sector, whereby severance pay is minimal or non-existent, which makes survival of the dismissed employee and his family, a tall order.
The copy of the Bill is available at: http://164.100.47.4/BillsTexts/RSBillTexts/asintroduced/terminat-E-7%202%2020.pdf
*The authors would like to thank our Partner designate Mr. Abe Abraham for his valuable suggestions.