Variable pay not paid by it firm
Sachin Prabhugaonkar
(Querist) 05 April 2016
This query is : Resolved
Hi,
I work for an IT firm. My salary has variable component which I am supposed get get at the end of financial year. I had resigned in Jan 2016. I noticed that my variable pay was not paid by the company on 31st March. On digging further , I realized that the Mangers had manipulated my rating and put it the worst possible and on that ground HR said that I won't be getting the Variable pay. First thing was they had the rating given without any discussion whatsoever and it was absolute unjust rating and second thing was that there was no policy that the VP depended on my performance. It was a part of my CTC and could not affect it as per my offer letter I should get that if I was on company payrolls as of 31st march
Kindly help Sir
Thanks
Sachin Anant Prabhugaonkar
8007522900
Adv. Yogen Kakade
(Expert) 05 April 2016
Mr. Sachin,
You can send a legal notice to the company authorities asking for the explanation of this issue. You can also send a copy to the labour commissioner of your city to bother the company to look into the matter seriously.
Adv. Yogen Kakade
Jurycon Incorporation
Advocates & Consultants
Email: juryconincorporation@gmail.com
Web: www.juryconn.in Call: 020-65248888
Rajendra K Goyal
(Expert) 05 April 2016
Send letter to company giving full particulars, compare your results with those of others in the same position if data available.
