Dear seniors, greetings! I need your advice. I am an HR professional and have worked for an engineering company in Belagavi, Karnataka, in the capacity of Sr. Manager-HR. I worked for this company for about three years, along with my colleagues who worked for almost the same tenure.
The Company's Downfall
It was a startup company and was doing well until it suffered a loss. The concerned HOD of the sales and marketing department, along with the whole team, didn't do justice to their job and left heavy recoveries in the market, even though they were getting high incentives for just order booking. One fine day, the HOD of the sales and marketing department put in his papers, and the entire marketing team stopped coming to the office from the next day. The management (Vice Chairman and Managing Director) relieved them from their services by paying them the notice pay, which I found either funny or shocking, although I had advised that the management's decision was wrong.
Meeting for Fund Recovery
A team leaders' meeting was called by the management to discuss the company's financial condition and to strategize on fund recoveries. It was decided to stop future order bookings and focus on fund recoveries. A team was formed for outstanding fund recoveries, and I was part of it. A team of six members, including a leader, was assigned the task of recollection, and I was one of the team leaders. As instructed by the management, all teams, including mine, went out for the recovery process and achieved some success, which was beyond the management's expectations. However, despite our efforts, the company continued to incur losses as only recovery was active and production was null. The funds to be recovered from the market were slowly rolling back, but no new orders were coming in, gradually increasing the company's costs. Soon, the management decided to stop employee salaries. This went on for two months, and all employees at all levels were not paid salaries. Workmen and staff requested salary advances, and being in HR, I was in a tough situation. Many workmen approached the labor office for justice and got their settlements done immediately.
Termination of Team Leaders
In this complete mess, one day, the Chairman advised the Vice Chairman and Managing Director to discontinue our (team leaders') services, stating that we had misused our powers. This was a shocker for all the team leaders as none of us had done anything wrong. We had supported management in all ups and downs, and suddenly, we were held accountable for nothing. We decided to approach the management to ask for the reason behind this sudden decision. Each of us approached individually and inquired about the allegations. The Vice Chairman and Managing Director humorously accused me of misusing my power by hiking salaries as per my wish without management approval. By this time, I understood that the Vice Chairman and Managing Director were incapable of handling their positions. I immediately presented the relevant papers of salary fixations and recruitment to prove that all documents had the signatures of the GM and company MD, which were also presented to the Chairman. None of them had anything to say.
Resignation and Aftermath
With all this frustration and wrong allegations, I had no other option but to resign. Other team members also resigned and submitted their resignations to the VC and MD, who asked us to submit the papers to the Chairman's PA. Without thinking twice, we submitted them to the Chairman's PA. He assured us of resignation acceptance from the Chairman's office and promised that the full and final settlement would be settled at the earliest. He requested us to stop entering the office premises immediately, to which we all agreed. The worst part was that none of the team leaders were reporting directly to the Chairman. Even after months of follow-up, none of the management, Chairman, or his PA responded. We tried approaching the new GM of the company, but all were deaf to our voice. It's been almost two years now, and we have neither received our resignation acceptance nor any full and final settlement. We even tried approaching over emails, calls, or text messages, all of which went unanswered. With no options left, we are planning to bring this management's unfair practice to light. Hence, I request seniors or advocates to please advise us.
Note: The management belongs to one ruling party, hence they are adamant in practicing such unfair activities.
Thanking you.
The Company's Downfall
It was a startup company and was doing well until it suffered a loss. The concerned HOD of the sales and marketing department, along with the whole team, didn't do justice to their job and left heavy recoveries in the market, even though they were getting high incentives for just order booking. One fine day, the HOD of the sales and marketing department put in his papers, and the entire marketing team stopped coming to the office from the next day. The management (Vice Chairman and Managing Director) relieved them from their services by paying them the notice pay, which I found either funny or shocking, although I had advised that the management's decision was wrong.
Meeting for Fund Recovery
A team leaders' meeting was called by the management to discuss the company's financial condition and to strategize on fund recoveries. It was decided to stop future order bookings and focus on fund recoveries. A team was formed for outstanding fund recoveries, and I was part of it. A team of six members, including a leader, was assigned the task of recollection, and I was one of the team leaders. As instructed by the management, all teams, including mine, went out for the recovery process and achieved some success, which was beyond the management's expectations. However, despite our efforts, the company continued to incur losses as only recovery was active and production was null. The funds to be recovered from the market were slowly rolling back, but no new orders were coming in, gradually increasing the company's costs. Soon, the management decided to stop employee salaries. This went on for two months, and all employees at all levels were not paid salaries. Workmen and staff requested salary advances, and being in HR, I was in a tough situation. Many workmen approached the labor office for justice and got their settlements done immediately.
Termination of Team Leaders
In this complete mess, one day, the Chairman advised the Vice Chairman and Managing Director to discontinue our (team leaders') services, stating that we had misused our powers. This was a shocker for all the team leaders as none of us had done anything wrong. We had supported management in all ups and downs, and suddenly, we were held accountable for nothing. We decided to approach the management to ask for the reason behind this sudden decision. Each of us approached individually and inquired about the allegations. The Vice Chairman and Managing Director humorously accused me of misusing my power by hiking salaries as per my wish without management approval. By this time, I understood that the Vice Chairman and Managing Director were incapable of handling their positions. I immediately presented the relevant papers of salary fixations and recruitment to prove that all documents had the signatures of the GM and company MD, which were also presented to the Chairman. None of them had anything to say.
Resignation and Aftermath
With all this frustration and wrong allegations, I had no other option but to resign. Other team members also resigned and submitted their resignations to the VC and MD, who asked us to submit the papers to the Chairman's PA. Without thinking twice, we submitted them to the Chairman's PA. He assured us of resignation acceptance from the Chairman's office and promised that the full and final settlement would be settled at the earliest. He requested us to stop entering the office premises immediately, to which we all agreed. The worst part was that none of the team leaders were reporting directly to the Chairman. Even after months of follow-up, none of the management, Chairman, or his PA responded. We tried approaching the new GM of the company, but all were deaf to our voice. It's been almost two years now, and we have neither received our resignation acceptance nor any full and final settlement. We even tried approaching over emails, calls, or text messages, all of which went unanswered. With no options left, we are planning to bring this management's unfair practice to light. Hence, I request seniors or advocates to please advise us.
Note: The management belongs to one ruling party, hence they are adamant in practicing such unfair activities.
Thanking you.