Dear Seniors, We are facing a unique situation.
Early last year we shut down one of our group's companies in Faridabad (I am from a different business-vertical of the same group based in Gurgaon) and the process was smooth with full and finals of all the workmen and other employees taking place smoothly. A senior managerial employee 'X' with 25 yrs of work-ex in that Fbd company alone and currently 57 years of age was given the responsibility for the closure.
Now, 'X' is working with us in Gurgaon but senior people here and the bosses want to do away with him asap. He hasn't joined us yet formally as he refuses to sign the papers for this company until his dues are settled for the previous company. The catch here is that his salary increment wasn't done for the last 5 years in the previous company and he wants to include those whopping arrears (calculated at minimum 8% p.a for each of the last 5 years) in the final settlement as other employees were given due increments in those 5 years.
Here we have offered him a marginal hike to be effective from April 2013. Also, we on our part, have used every trick in the bag viz humiliating him, making him work for a smaller post than his previous designation, taking many of the facilities back but the old man refuses to budge!
Pls. suggest how to go about this and what are the legal avenues available to him and us in case we terminate him lock stock and barrel! Do we need to pay him for 1 year of service left as well? My company is afraid - incase he takes legal action!
Early last year we shut down one of our group's companies in Faridabad (I am from a different business-vertical of the same group based in Gurgaon) and the process was smooth with full and finals of all the workmen and other employees taking place smoothly. A senior managerial employee 'X' with 25 yrs of work-ex in that Fbd company alone and currently 57 years of age was given the responsibility for the closure.
Now, 'X' is working with us in Gurgaon but senior people here and the bosses want to do away with him asap. He hasn't joined us yet formally as he refuses to sign the papers for this company until his dues are settled for the previous company. The catch here is that his salary increment wasn't done for the last 5 years in the previous company and he wants to include those whopping arrears (calculated at minimum 8% p.a for each of the last 5 years) in the final settlement as other employees were given due increments in those 5 years.
Here we have offered him a marginal hike to be effective from April 2013. Also, we on our part, have used every trick in the bag viz humiliating him, making him work for a smaller post than his previous designation, taking many of the facilities back but the old man refuses to budge!
Pls. suggest how to go about this and what are the legal avenues available to him and us in case we terminate him lock stock and barrel! Do we need to pay him for 1 year of service left as well? My company is afraid - incase he takes legal action!