What does it mean by this statement that comes under furniture allowance?
"Should the employee depart the office within the first 4 years of emplyment, any decrepitated balance will be recovered"
yes, and my company's policy says: If they (Co.) decides to throw you out within this duration .. you will be waived of the amount... ^_* but if you decide to quit then you have to pay the amount according to the duration.. as PIET said...
It means that the allowance you have reaceived will be depreciated (getting less) over the period of your contract. If you have a 4 year contract and decide to resign after two years, then you will have to pay back 50% of the initial amount.
Qatar's winter months are brimming with unmissable experiences, from the AFC Asian Cup 2023 to the World Aquatics Championships Doha 2024 and a variety of outdoor adventures and cultural delights.
Fasten your seatbelts and get ready for a sweet escape into the world of budget-friendly Mango Sticky Rice that's sure to satisfy both your cravings and your budget!
Celebrate World Vegan Day with our list of vegan food outlets offering an array of delectable options, spanning from colorful salads to savory shawarma and indulgent desserts.
yes, and my company's policy says: If they (Co.) decides to throw you out within this duration .. you will be waived of the amount... ^_* but if you decide to quit then you have to pay the amount according to the duration.. as PIET said...
Never Ask for a SMILE..just GIVE it..
It isn't an allowance, it's a "furniture grant"
It means that the allowance you have reaceived will be depreciated (getting less) over the period of your contract. If you have a 4 year contract and decide to resign after two years, then you will have to pay back 50% of the initial amount.