'No recovery of joining bonus': Labour ministry after resolving employee's layoff-related dispute with Paytm

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Promptly after a grievance was filed by an employee at Paytm over his termination, the Ministry of Labour and Employment on Wednesday said its regional office has resolved the layoff-related grievance raised by the worker..

The representative of the management of Paytm appeared before the regional labour commissioner, Bengaluru on Wednesday and agreed not to recover the joining bonus and to pay the notice period payment to the employee, it said in a statement...

The employee accepted the exit offer made by Paytm in the presence of the regional labour commissioner (central), Bengaluru, it said, adding that the grievance was thereby resolved to the satisfaction of both parties...