Question:medium

Which of the following best describes the retrenchment compensation payable under the Industrial Disputes Act, 1947?

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Retrenchment compensation is generally fifteen days average pay for every completed year of service.

Updated On: May 22, 2026

The payment is at the discretion of the employer
One month salary only
Ten days average pay for every completed year of service
Fifteen days average pay for every completed year of service

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The Correct Option is D

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