Whether the variable pay of a managing director(who retired in July 2020)can be curtailed or limited under the Companies Act on account of near about 3 months of financial loss suffered by the company(because of COVID and the appraisal cycle ends in June 2020 for the company) when the company gained adequate profit in the previous financial year.
From India, Hyderabad

Preparation for the global SHRM certification exams: SHRM CP and SHRM SCP →
Promoted: XLRI Executive Development Program In Human Resource Management

If you are knowledgeable about any 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.

Please Login To Add Reply →

About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2021 CiteHR.Comô

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server