Hello everyone,
I am Archana,working as an HR Executive in stock broking company.
I just want your advice on below mention matter.
My brother is working as a regional head sales in a stock broking company. On the basis of non perfomance his company marked him as resign without giving him any notice period. Although it's mention in his appointment letter that management can terminate his services after giving him 1 month notice period and management will pay him for his notice period(Basic+HRA).
The company marked him resign on 25th of last month because of this his salary of April month and his whole incentive has been hold by the management and they refused to pay his incentive at any cost.
Now the management saying him to submit resignation from his side after that they will sign his full & final settelment and clearance form otherwise they will issue a Termination letter against him, which will spoile his whole careear.
Without giving any resignation by employee's side can a company do this???????
As an HR person i just want to know that is this right from the company's side?????????
In this situation what should he do???????
As a sister as well as i am working in Hr i just want to help him out to this problem.
Pls advice me how can i help him???????
It's urgent.
pls help me
Regards,
Archana
I am Archana,working as an HR Executive in stock broking company.
I just want your advice on below mention matter.
My brother is working as a regional head sales in a stock broking company. On the basis of non perfomance his company marked him as resign without giving him any notice period. Although it's mention in his appointment letter that management can terminate his services after giving him 1 month notice period and management will pay him for his notice period(Basic+HRA).
The company marked him resign on 25th of last month because of this his salary of April month and his whole incentive has been hold by the management and they refused to pay his incentive at any cost.
Now the management saying him to submit resignation from his side after that they will sign his full & final settelment and clearance form otherwise they will issue a Termination letter against him, which will spoile his whole careear.
Without giving any resignation by employee's side can a company do this???????
As an HR person i just want to know that is this right from the company's side?????????
In this situation what should he do???????
As a sister as well as i am working in Hr i just want to help him out to this problem.
Pls advice me how can i help him???????
It's urgent.
pls help me
Regards,
Archana