Hi,
I worked in an IT service company in Bangalore, India on Feb 1st I putted my resignation paper and being on notice period of 3 months. However before putting the paper I have applied for the leave(18 working days) for my merriage purpose that comes in between notice period time. So my notice period has been extended but on consulting with HR to adjust some days with leaves my notice period has extended to only 11 working days instead of 18 days. In the whole aggreement he haven't said anything in regards of deduction or the effect on bonus eligibility.
There is a perfomance bonus part in my CTC, but they are denying to give my yearly bonus for the FY 2014-15 by stating that as per policy employee should be active till May last working day to be eligible for the performance bonus. As my last working was mid May 15 so I'm not eligble for the bonus. Also they have deducted about half payment form the May month's salary by saying that I have took excess leaves.
First they have issued me payslip that contians the bonus part but not credited the bonus to my account. After asking them 2-3 times they replied by saying that was mistake so they sent me another payslip.
Now I'm asking them to send me the FORM 16 many time. They aren't replying back to me.
There are some unethical deduction like...
- The performance Bonus period is FY 2014-15 that I have served fully.
Until or unless there are no return from market in the Apr/May that has to be adjusted in performance, the only thing remaining is payment of Performance related payout.
This is illegal that company has taken 2 months time to sit on the due payment without any interest/penalty/damages.
NOTE: There isn't any printed version of performance bonus supplied/circulated to employees in writing at all.
- Instead of 2 month notice period(as per my offer letter), why I have to served the notice period of more than 2 months.
Also the deduction of amount under the term excess leaves taken is unjustified and un-explained.
Help me on this...