Hi,
We work in a pvt. ltd. company in Hyderabad.(aproxx. 20 people). Our employer has delayed salary payment by more than 3 months on grounds of lack of funds and no revenue coming in.
Even those who left the company, due to non-payment, there dues were not cleared. And those of us who are left here, are not able to decide what to do, because , if we leave the company, there is a fear, that our salary for about 2-3 months would never be paid.
On inquiring from the CEO about the whole situation, he says that whole situation would be better from next month, but this he has been saying for last 2 months and the situation doesnot seem to be improving.
What should we do? Please suggest
We work in a pvt. ltd. company in Hyderabad.(aproxx. 20 people). Our employer has delayed salary payment by more than 3 months on grounds of lack of funds and no revenue coming in.
Even those who left the company, due to non-payment, there dues were not cleared. And those of us who are left here, are not able to decide what to do, because , if we leave the company, there is a fear, that our salary for about 2-3 months would never be paid.
On inquiring from the CEO about the whole situation, he says that whole situation would be better from next month, but this he has been saying for last 2 months and the situation doesnot seem to be improving.
What should we do? Please suggest