Can Your Basic Salary Really Be Reduced? Let's Discuss This Real-World Concern

Query Regarding Basic Salary Enhancement

I have a query regarding basic salary enhancement. Last year, the basic salary was 8295/- (2012-13). In the current year, the basic salary is 6500/- (2013-14).

Is it possible for the basic salary to be reduced?

Regards

Circumstances for Basic Salary Reduction

Basic salary can be reduced under the following circumstances:

- You have changed employers.
- The salary/compensation structure is restructured in the same company.
- You have been demoted (lowering of the rank/grade) as a punishment.
- The company has made specific communication regarding cost containment measures due to economic reasons.
- There is an error.

Regards,
Shailesh Parikh
Vadodara, Gujarat
[Phone Number Removed For Privacy Reasons]