Partner - Risk Management
Legal Analyst, Hrm
Recruitment/talent Acquisition, Career Counselling
I agree with Nathrao that ONLY a collective approach will work here.....any individual effort will be counter-productive.
However, PS Dhingra is right in asking you wait until Diwali......having waited for so long another couple of weeks is worth it. What IF the management decides to pay at least some Bonus?
And also, suggest DON'T begin discussing the legal aspect with any other employees right now UNLESS you are very sure he/she won't carry the news to the management......this attitude is fairly common among manufacturing sector employees in your part of the country. If this news that you are planning legal action leaks out, whatever chances of a Bonus will go for a toss.
All the Best.
23rd October 2015 From India, Hyderabad
So the solution is simple, find another job and leave. Why would you continue to work for a company which can't pay on time and not paying salary that you think you deserve.
There may be a difference of perception. He may have a justified rant against the employees for messing up things. Stress of financial problem tends to make people short tempered and things that they would have accepted earlier often become unacceptable now.
Now, I think you are confusing salary and CTC. Please see earlier posts on deduction of employers share of PF on this forum and you will understand that this is accepted practice. But you have worked there for 4 years. You are now suddenly having a problem ? Were they only deducting 12% in earlier years ? If so, you would have a case before the PF department.
Ok, please explain how creating a situation resulting in people leaving is "swallowing their heard earned money". The company is not liable to employ you for life. Once you leave, they don't pay you. Or did you mean something else ?
Again, you seem to be under a misconception. LTA and medical reimbursement are not payable each month. They are paid at certain times as per rules. So this is not retention. They are not liable to pay LTA unless you actually travel and they don't need to pay medical until someone actually has bills for genuine purchase of medicines.
When to leave is a decision you alone can make based on real circumstances you alone know.
It's better to leave when you get a job. Once you get the job, forget about pendings and walk off to a better environment. It makes more sense ofcourse to wait for payment of bonus and salary and then leave. But it may not be possible if The new company does not want to wait.
Scores in the manner of your leaving, it is likely that you will not get any relieving letter. Make sure that your new employer is willing to except you without a relieving letter from the existing company. I do not know whether it is possible for you to actually serve a three-month notice… But you will need to take a call on that based on these circumstances.
24th October 2015 From India, Mumbai