Agreed incetive as per appointment letter
balaji
(Querist) 05 March 2015
This query is : Resolved
Can management cancel the agreed incentive as per appointment letter of the employee and lateron as per signed documents to resigned employee?
Devajyoti Barman
(Expert) 05 March 2015
No it can not. Challenge the changes if made =unilaterally.
Dr J C Vashista
(Expert) 06 March 2015
Are you still under employment where you have been offered incentive in the appointment letter?
If yes, it cannot be changed unilaterally, challenge.
If no, the employer is not obliged.
ajay sethi
(Expert) 06 March 2015
no management is bound to pay incentives as mentioned in appointment letter
Kumar Doab
(Expert) 06 March 2015
Incentives/performance bonus or whatever name is assigned to it is fruit of labor...........and is paid on achieving the targets/extra performance........
It might get covered by some enactments as well e.g. Payment of wages Act.........
If you have performed then you are eligible..........
If you have been in employment for whole period of targeted performance you are eligible for full payment.................or you may request for Pro rated Payments........
Employee's/Trade Unions leaders can help.
Show all docs on record to an able Labor Law Consultant/service Matters lawyer,give inputs in person,understand the options and remedies and proceed under expert advise of your lawyer.
Kumar Doab
(Expert) 06 March 2015
@Balaji,
You have initiated many threads.You have many issues on hands.You should keep access to able counsel.........and proceed further under expert advise of your counsel.
There are many threads at LCI that you may find relevant e.g;
http://www.lawyersclubindia.com/forum/Performance-bonus-and-resignation-113013.asp#.VPlAPdKqqko
T. Kalaiselvan, Advocate
(Expert) 08 March 2015
Yes expert Mr. Kumar Doab is right in his observation that the author is repeatedly posting academic type of queries.
