Hi, I am working in one of the reputed group companies as a Manager for 18 months. The company has a lot of politics for power, and I have become a victim of the game. I have been sidelined from my responsibilities a few days ago. I am also getting indications that I may face termination.
As per the appointment letter, the company can terminate my services by giving three months' basic salary (not gross), which is very less. I feel it will be difficult for me to find a job immediately since I am 49 years old now.
Though the company belongs to a reputed group, there are a lot of lapses in processes, including appraisals. The current cycle's appraisal hasn't even been discussed with me.
I would appreciate it if someone could guide me on how to handle the situation. Can I go to the labor department/court, or do you have any other suggestions?
As per the appointment letter, the company can terminate my services by giving three months' basic salary (not gross), which is very less. I feel it will be difficult for me to find a job immediately since I am 49 years old now.
Though the company belongs to a reputed group, there are a lot of lapses in processes, including appraisals. The current cycle's appraisal hasn't even been discussed with me.
I would appreciate it if someone could guide me on how to handle the situation. Can I go to the labor department/court, or do you have any other suggestions?