This company always delays its bonus. It is performance bonus which is a part of CTC. It depends on person's grade.
My grade was the highest . I was supposed to get this performance bonus in jan 2018 but performance was evaluated for the cycle sept 2016 to sept 2017.
Please let me know which information i missed here!!
You have a legal case against him for failure to uphold his part of the contract wherein performance bonus was offered as part of your pay package.
Send him a detailed legal notice, if all other attempts have failed.
What just now you've provided is the relevant information to your queries. The quantum of your monthly salary disentitles you for bonus under the PB Act,1965 or from filing a claim under the Payment of Wages Act,1936. Your salary also indicates positively that you must be a software engineer of senior cadre with supervisory responsibilities. If my presumption is fortunately wrong, you can file a claim u/s 33C(2) of the Industrial Disputes Act,1947 before the Labor Court of the area. In such an otherwise situation, the only option before you is filing a suit for the breach of contract as well as recovery of the amount in a Civil Court. Better, seek the advice of a Civil Lawyer.
If querist had indicated his designation and status in the company answer would have been easier.
Many a querist fail in providing correct and full description of their job,nature,position etc and leave posters guessing and answering.
Some guidelines to this effect need to be made available whenever any one chooses to post a query.
Present case appears to be breach of job contract terms. and civil suit is the way out if nt resolved earlier.
The members of the forum have already replied to your querry on the basis of your posting & reposting of some more facts. Your claim is for Performance Linked Bonus for the year 2016-17 not paid to you. You have already resigned and now questioning of something that due to you is not the part of wages or bonus rather some contractual consideration upon your performance during the year or cycle followed by your establishment.
To coment upon or suggest any remedy needs complete text of appointment letter/ contracts. It is therefore advised you to take the help of law consultant deals in labour related issues for the next course of action.
Or at best you can ask your employer in writing, to adjust balance "period of Notice" against the sum due on account of Performance Bonus and "x" date will be your last date of working . By doing so your amount that remains outstanding shall stands settled and reply forom your employer would help for future course of action.
So in this case bonus cycle was sept 2016 to sept 2017 but i have given resign in jan 2018 so they are saying that this policy is applicable on me and they are not bound to give anything.
Is this legal for a company to apply this kind of policy? in this case they are never bound to pay anything and nobody can complaint in labour court .
Please help and also provide any lawyer information if possible.