Dear Seniors,
Greetings of the day!!
With reference to the above subject, please let me know your valuable input & suggestion for the following
As per the appointment letter, the company is suppose to give Rs. 60000 as retention Incentive and Rs. 60000 as performance bonus.They have not mentioned any rule for these two in the appintment letter.
After completion of 1 yr they have paid 100% retention amount and 0% performance bonus.After 4month they fired the employee with 3 month salary.
1. Does the employee eligible for 4 months retention benefit?
2. Can any company give 0% performance bonus?
If any rule is there then please give me the copy of the same.
Looking forward for your valuable earliest response.
With Thanks & Regards
Apekhya
Greetings of the day!!
With reference to the above subject, please let me know your valuable input & suggestion for the following
As per the appointment letter, the company is suppose to give Rs. 60000 as retention Incentive and Rs. 60000 as performance bonus.They have not mentioned any rule for these two in the appintment letter.
After completion of 1 yr they have paid 100% retention amount and 0% performance bonus.After 4month they fired the employee with 3 month salary.
1. Does the employee eligible for 4 months retention benefit?
2. Can any company give 0% performance bonus?
If any rule is there then please give me the copy of the same.
Looking forward for your valuable earliest response.
With Thanks & Regards
Apekhya