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Author Topic: Annual Performance Pay while resigning  (Read 787 times)

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Offline Rajendra_n

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Annual Performance Pay while resigning
« on: February 06, 2014, 03:58:47 AM »
My company has annual performance pay of 20% annual salary as mentioned in the appointment letter. This 20% is variable pay and can vary from 0 to 20%. For 2013 Jan to Dec the company declared 20% or full variable pay.

I am serving the notice period after resigning.

For the performance period Jan to Dec 2013 company is going to pay the performance pay in the month of March 2014. I am told that since the next month I will not on the pay roll I will not get the performance pay, though I worked between 2013 Jan to Dec.
 
I feel losing 20% of salary for the period I worked for is a big loss.

Kindly help me how should take up this matter with company management.

Thanx

Offline advkartik

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Re: Annual Performance Pay while resigning
« Reply #1 on: February 06, 2014, 07:22:28 AM »
send them a legal notice to this affect see if it helps or not

 

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