Dear Experts,
I had served ESSAR INFORMATION TECHNOLOGY LIMITED for 20 months. At the time of my exit (on 28.05. 2010), I was told by concerned HR executive at Hazira, that I will get my all variable component (20 months appx Rs. 1,50,000. 00) along with other employees. To be noted that variable policy as per policy document(as on date 28.05.2010) & my appoitment letter was based on performance & payable annualy. Now they have relesed variable component 100% to all their existing employees, when I enquired regarding my variable as it was of 20 months, All right from HR executive to Group HR head are deying to pay me even a single penny. Now they are saying that company has decided not to pay the variable to employees, those who are not on active pay roll as on variable declaration date. I had even written the mail to MD & Chairman also but no reply form their side.
On behalf of hundreds of suffered ESSAR ex-employees, I request experts to suggest some remedy. How this fraud & cheating can be sued?
Regards