At the beginning of 2013 (17 months ago) I was given a promotion that included a salary increase and a larger monthly bonus target. A letter was sent to me stating my promotion as well as the new numbers. We recently discovered my monthly bonus number was never changed in the system and brought it to their attention. When they realized it had not been adjusted I was told they would figure out how much was owed and send a check for the difference. Today I received a call informing me a check is being cut for what is owed but was then told the bonus number in my promotion letter was wrong and they adjusted my back pay based on a different (smaller) number. Is this legal?
From United States, Southlake
Dear Novelone101,
Your query is not pertaining to bonus under the POB Act. It is partaining to bonus linked to your target, I suppose.
Bonus linked to target / production is depending upon the agreement you had with your employer. Abiding the terms of agreement, both the parties to the agreement are duty bound and a party who is aggrieved upon failure of another party to perform his duty, is entitled to legal remedy.
You need to take legal advise form legal practitioner upon giving him all the facts and figures, your agreement and other papers etc.

From India, Mumbai
Dear Novelone,
If your query is regarding bonus associated with targets, then the question of being legal is not appropriate. Performance Bonus and Incentives are completely decided by each company on their own terms. You can ask a question that is it fair, but again the answer to this will be given by individuals own perception.
Sorry to disappoint you but this is the way it is. Every company will state at the end of the letter (may it be bonus or incentive or whatever) that any changes in the policy will be informed to you, so you cannot win over this.

From India, Hyderabad

If you are knowledgeable about any other fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2021 Cite.Co™