Nikhil 22 April 2019
G.L.N. Prasad (Retired employee.) 23 April 2019
Legally speaking the bonus is on past performance and I never heard any employer for a refund of bonus paid, whichever name they have given to past performance incentive. It depends on incentive, your capacity to repay, the relations you wish to maintain with your present and past employer, and finally the hurdles they may create for your relieving.
P. Venu (Advocate) 23 April 2019
There is no legal necessity in returning the amount, even if demanded.
Nikhil 23 April 2019
Ty Mr. Venu. I expect company to claim back bonus in my full n final settlement and claim of addition amount which I may have to pay. No where have they mentioned anything about this amount being a retention bonus and neither I was asked to sign any contract. Would I be able to demand my relieving letter?
Nikhil 23 April 2019
Agree to your point. I no longer have ambitions to be employed in corporates