We have a private limited company and are into pharmaceutical retail. We have been giving our employees an annual bonus of 1.5 times a month's salary and had introduced an incentive scheme wherein employees would get 5% commission if they sold more than Rs.20 lacs a month. This scheme has worked to our disadvantage and due to pressure from the trade union head, apparently, we cannot reduce such a benefit which we have been providing our employees.
So please inform me whether if it is legal to remove any benefits which we had been offering in the past.
Thanks
