Mayank Rautela | Answer |Ask -Follow
HR Expert - Answered on Apr 05, 2022
Dear Mayank,
I am Ahmed, aged 56 years, working in Chennai as an admin staff.
My questions:
I am working in this present company for the past 20 years. They don’t give any labour benefits such as ESI, PF, etc.
Now the management has decided to shut down the business all of a sudden, mentioning loss.
Can I get any compensation for my long years of service as I cannot get any job at this age?
If yes, please guide me how to move further. Or should I quit this job when the company is closed after serving them for such a long period without any compensation from them?
Can you please guide me?
Thanks
Ahmed
Hi Ahmed.
This is an unfortunate and tricky situation.
I would recommend that you ask for compensation from your company.
If they refuse, you must approach the labour department for your statutory dues after so many years of service.
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