You asked that:
What is the probation period stated in offer letter?
The offer letter is containing this lines:
It is our Pleasure to offer you employment based on the interview and discussion held with MAX PLANWEALTH COMMODITIES LTD.
You are expected to join the co. on 02.01.2013. you are appointed to the position of RM at our Burdwan Office.
The offer stands cancelled if you fail to report on the appointed date or for any deviations in information. You will need to submit a copy of all your originaldocuments and last three months' salary slip.
The Company reserves the right to terminate the assignment at its discretion, without notice and pay due to non-performance of targets set periodically by the management and on disciplinary grounds. Salary payments shall be as per fulfilment of minimum revenue targets by the management periodically.
2nd month onwards target was 125000. But they set this terget vervbally. But the true fact is that, they set this target with out providing proper support. Few of our client had been harassed by non-payment of their pay outs timely and many more.
Today or tommorrow entire branch is going to talk about this matters with th MD and HR. If no fruitful result come out then we want to file a suit.
Now my questions are :
what kind of suit should we file?
What would be the process?
Kindly reply as early as possible!