Salary & gratuity
K.A.Sadasivan
(Querist) 26 July 2012
This query is : Resolved
Dear Sirs,
I am working as Manager Accounts with a Limited Company (Shares Closely held). Due to non payment of Salary for last 5 Months and poor working environment I submitted my resignation. As per the Appointment letter, I gave 3 months notice to the company, which is till 31st July 2012. The Company pays the Salary arrears, Gratuity P.F. etc.,as and when it is convenient to them, which may take even a year or 2. More over LTA has not been disbursed to any staff since 2003-04. As per the company rules I was supposed to get reimbursement of airfare for self and family once in 2 years to Hometown and Anywhere in India once in 4 years ( As excempted by IT Dept.). But on demand from staff MD orally announced that he will pay only Basic Salary every year. So we stopped incurring Travel expenses. But till date no LTA has been paid to any one. Now Kindly let me know how I can collect these money. I am leaving the company in a friendly atmosphere with no harsh words spoken or actions taken. Kindly advise me on this ASAP. Many thanks. K.A.Sadasivan Nair
Guest
(Expert) 26 July 2012
Friendly ways are only to continue with verbal and written persuation, where after your resignation you will not have any force even in pursuation. So, better you persuade the MD to get your full & final settled before you leave the company.
If not, you won't have any other alternative, either to continue with humble persuation indefinitely till the management gets ready to pay you your dues, or to adopt some harsh stance and serve legal notice to the company and to fight legally for your claims.
