Dear Experts,
I had joined a company and worked there from Dec-12 to Nov-15. In my Offer letter(signed by HR Head) there was a part of salary as (Performance Linked Variable Compensation) PLVC and next to it was written that " the same is subject to the individuals annual performance on pr-rata basis"( image from Offer letter attached). During my working I came to know that this PLVC has some part from companyies profit and some part from my personal tragets which we achieve in financial years. The working year in my company was Jan to Dec, now in Nov-2015 I have left the company so I had worked 11 months as per my company working year. I have completed my targets and have a signed copy of it with me. Depending on my individual performance in my target sheet I am eligible to get PLVC which is almost 1 Lac rupees. Also this PLVC is part of my CTC & salary.
When I asked my HR about the PLVC they said the Top management has decided to only give 25% of PLVC from your elegibility. I have done many Email conversations with them in which I asked them to send me the decision which they say Top Management have made but they have not provided it. Also I asked for the names in Top management who made this decision they did not replied any of this on mail. Instead HR head mailed me saying if you have any further quries you can call me. And when I called him we was so sarcastic while talking and he said "Yar tu to MD ki tarah baatein kar raha h" I felt so shocked. Also I said to them I will not accept this 25% of amount so they have hold my amount immediately. This shows that they are not having any intension of providing solution to my problem.
During my job I was confirmed employee, was working in Thane, My company was a Manufacturing industry.
Therefore I need your expert suggestion on this, What should I do? I want company to pay me 100% as I have worked dedicatedly till my last working day. During my joining they said pro-rata basis and now they are not paying me back. Please suggest.
regards,
Upendra Tripathi