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Anonymous
Corporate bonus is part of my CTC which is paid quarterly . I got Corporate bonus for period 1 OCT 2021 - 31 December 2021 in the month of January 2022 Salary .

I had resigned on 21 st January 2022 , The company deducted the paid Corporate bonus after the resignation .

Note : No such rule is mentioned in the offer letter / contract of the employment .

Is this act by the company illegal and can i ask them to pay back the deducted bonus amount ?


umakanthan53
6016

What about the poster’s notice period on resignation - whether he served in full or bought it out?
From India, Salem
nanu1953
334

Usually the Corporate Bonus ( Profit sharing Bonus/ Retention Bonus ) is paid based on certain conditions may not be disclosed to employee but mentioned in the scheme. Mr. Umakanthan has already raised a question which is also very much valid.

Usual practice is if any employee spent at least one year with the organization, then the Corporate Bonus is paid.

S K Bandyopadhyay ( WB, Howrah)
CEO-USD HR Solutions
+91 98310 81531

USD HR Solutions – To Strive towards excellence with effort and integrity

From India, New Delhi
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