Hi,
I work for an Indian company which have their presence since 50 yrs in India. (Head qtrs in Mumbai)
It's a renowned company and stable without any debt.
I been here since 3 yrs.
Irrespective of the cos. performance, the increments here always takes place after six months from appraisals. For instance, my appraisal was conducted in the month of March 2017. Later reviewed and ratings were closed in the same month.
We still haven't received our increment letters, now we are in August 2017.
The same is happened for over last 3 years and earlier as well.
We got the news - the letters will be distributed in sept and arrears from April will be credited in October (sept salary)
My query is, do we employees have any law or rule where we can take this up, and raise our concern, as this is followed over decades.
And, it's not just some company, they have employee strength of 3k plus across the group.
Also, Turnover crosses Rs. 15000 to 20000 Cr. every year.
Our company abides every law in the book. Do we don't have such employee law / rights where we can fight for our increments on time.
Please help.
I work for an Indian company which have their presence since 50 yrs in India. (Head qtrs in Mumbai)
It's a renowned company and stable without any debt.
I been here since 3 yrs.
Irrespective of the cos. performance, the increments here always takes place after six months from appraisals. For instance, my appraisal was conducted in the month of March 2017. Later reviewed and ratings were closed in the same month.
We still haven't received our increment letters, now we are in August 2017.
The same is happened for over last 3 years and earlier as well.
We got the news - the letters will be distributed in sept and arrears from April will be credited in October (sept salary)
My query is, do we employees have any law or rule where we can take this up, and raise our concern, as this is followed over decades.
And, it's not just some company, they have employee strength of 3k plus across the group.
Also, Turnover crosses Rs. 15000 to 20000 Cr. every year.
Our company abides every law in the book. Do we don't have such employee law / rights where we can fight for our increments on time.
Please help.