Dear Sir,
I have a query on salary compensation being paid by the organization. These days companies are bifurcating the salaries into Fixed & Variable parts.
Fixed part is being paid on Monthly basis while variable part is to be paid at the end of year based on Company's performance & Individual performance. Normally the variable part of the salary is kept at 10-15% of the total package.
If any body leaves the organizaion before Financial year closing then the companies are not paying the Variable part of the salary. I wish to seek your help in this regard that since variable pay is part of individuals salary, Can company deny to pay it to the person to pay for the period person has served the organization.
Thanks & Regards,
Sanjay BAnsal