Hi, I am seeking for your needful advice related to appraisal which i am describing below.
My Organization doing appraisal on yearly basis which is effective from the month of June of Every year but last year due to some problem from employees end appraisal get delayed & salary of increment amount after appraisal will on disbursed from July 18 & we have written in employee Increment letter that appraisal (Increment) will be effective from 1st of June 18.
But we are unable to release the Incremented salary of month June 18 till date due to some financial crisis of company & some of our employee who have resigned are asking for their arrear amount of salary. So just want to know is it necessary to release the arrear amount or not?
My Organization doing appraisal on yearly basis which is effective from the month of June of Every year but last year due to some problem from employees end appraisal get delayed & salary of increment amount after appraisal will on disbursed from July 18 & we have written in employee Increment letter that appraisal (Increment) will be effective from 1st of June 18.
But we are unable to release the Incremented salary of month June 18 till date due to some financial crisis of company & some of our employee who have resigned are asking for their arrear amount of salary. So just want to know is it necessary to release the arrear amount or not?