Facing a Transfer and Low Salary in My Broking Job – How Can I Address This with My Company?

I have been working with one of the broking companies in India for the past 11 years in an Officer position. My current net salary is 9931. The company has now transferred me to another branch. Can you suggest how I can address the transfer and salary wage issues with the company?

Kindly check the transfer clause in your service agreement/appointment letter. At the time of joining, you may have received this document from your employer, and it should be acknowledged by you. This clause is quite common, and under its provisions, management reserves the right to transfer an employee's service from one office to another or to any sister concern. If an employee refuses to accept a transfer, such refusal may be considered misconduct.

Regarding wage issues, after 11 years of service, your nature of work may fall under the skilled category. Please check your state's minimum wage rate as per your schedule of employment/nature of work. If the minimum wage rate is lower than your current wages, you have the legal right to claim your unpaid wages from your employer along with any arrears.

If your current wage rate is equivalent to or higher than the minimum wage rate, you do not have the legal right to challenge your employer.

Thank you.

You have not given any details about your designation, nature of work, or industry. "Officer in brokerage" is a very vague term.

In the end, the salary a company offers you depends on them and your skills, as well as how easy it is to replace you. If you have 11 years of experience and are not satisfied with the salary, why not look elsewhere for a job? The only rule they need to follow is that they should pay above minimum wages.