Is It Normal for Startups to Deduct Salary for Financial Adjustments? Seeking Clarity

ranjit.n.kumar@gmail.com
This month, I joined a startup company. I am confident that the company is financially very healthy.

I have come to know that for the next three months, they will be deducting the salary for 2 days (totaling 6 days), which will be kept by the company and given at the time of leaving the company. I understand they are doing this for financial invoice adjustments.

Some individuals, both inside and outside the company, have mentioned that this is a common practice for startup companies. Is it correct that startup companies do this for the first few months? Please clarify.

Thanks,

Ranjit
HR Hiral Mehta
Companies do retain some amount from salary under the name of "retention amount" to be given after completion of a certain fixed period in the organization, but I have never heard about such a thing before. Probably they are doing so under the heading of the so-called "financial adjustment."

Regards,
Hiral
ranjit.n.kumar@gmail.com
For the next three months, they will not pay for two days. For example, in October, you will be paid for 29 days; in November, you will be paid for 28 days; and in December, you will be paid for 29 days.
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