My Retention
Querist :
Anonymous
(Querist) 22 April 2010
This query is : Open
Currently I am working in the company. At the time of joining they deducted 15% retention from my CTC which will be returned on confirmation and at the end of the year. It is been a year they have not given the retention amount till date but they have calculated the retention amount in the tax amount and deducted the tax including the retention amount. I have become sick of this company and I want to leave but I do not want to leave my hard earned money of 15% in the last 1 year. They harrass the employees and they may build up some wrong cases on the employee also. Even if an employee want to leave the company have to give 3 months notice but they can remove us at anytime, If I give definitely the money will not come back. As well they do not give reliving letter to any employee till date they have not given any reliving letter who left as well many employees who had left not got their proper settlement. Please guide me on this.
