I joined a company in Mumbai. However, payments were not as per the appointment letter. The company's intention was very clear, and they did not intend to pay some part as stated in the appointment letter. Can I challenge the entire appointment letter as invalid? I am seeking a proper legal response and would like to engage a good advocate due to the financial impact of Rs 40L.
Regards,
Narendra Kumar Pati
[Email Removed For Privacy Reasons]
From India, Mumbai
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Regards,
Narendra Kumar Pati
[Email Removed For Privacy Reasons]
From India, Mumbai
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Elaborate. What are all the components as committed in appt letter are not paid? Then only, we can throw some views. Pon
From India, Lucknow
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616From India, Lucknow
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ESOP Recovery and Appointment Letter Concerns
Attached paper is a document shared before issuing an appointment letter. Basically, the issue is of an ESOP recovery in case of leaving the job in 2/3 years. However, the ESOP document is strongly worded. Therefore, I am trying to find faults in the appointment letter. They had added Rs 2000 for mobile phone charges + Rs 2000 for landline charges per month, but the company policy was to exclude all personal calls for which I have a record of disallowance. This surely is cheating.
Can this small point help in making the appointment letter non-enforceable?
Regards,
Narendra Kumar Pati
[Email Removed For Privacy Reasons]
From India, Mumbai
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Attached paper is a document shared before issuing an appointment letter. Basically, the issue is of an ESOP recovery in case of leaving the job in 2/3 years. However, the ESOP document is strongly worded. Therefore, I am trying to find faults in the appointment letter. They had added Rs 2000 for mobile phone charges + Rs 2000 for landline charges per month, but the company policy was to exclude all personal calls for which I have a record of disallowance. This surely is cheating.
Can this small point help in making the appointment letter non-enforceable?
Regards,
Narendra Kumar Pati
[Email Removed For Privacy Reasons]
From India, Mumbai
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I was an ex-employee of this organization. You may remove the name of the organization. ESOP and Its Implications
ESOP is a trick and it carries some riders. Only long-term served employees will accrue the benefit. When I resigned, I lost a huge sum as we could not fulfill the contract terms.
Superannuation Fund (SAF)
Another gray allowance is SAF (Superannuation Fund) which can only be availed after serving 10 years.
PLI or ECAL
PLI or ECAL depends on your rating, which you should normally receive. Can't take legal measures due to in-built conditions.
CTC Regime Concerns
In the CTC regime, employees are made gullible by adding consequential and inconsequential benefits which one may never be entitled to claim but are a tool to inflate your CTC and fall into the trap.
Regards
From India, Lucknow
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ESOP is a trick and it carries some riders. Only long-term served employees will accrue the benefit. When I resigned, I lost a huge sum as we could not fulfill the contract terms.
Superannuation Fund (SAF)
Another gray allowance is SAF (Superannuation Fund) which can only be availed after serving 10 years.
PLI or ECAL
PLI or ECAL depends on your rating, which you should normally receive. Can't take legal measures due to in-built conditions.
CTC Regime Concerns
In the CTC regime, employees are made gullible by adding consequential and inconsequential benefits which one may never be entitled to claim but are a tool to inflate your CTC and fall into the trap.
Regards
From India, Lucknow
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Dear PON,
Pain is ESOP recovery. But I want to find fault with the appointment letter without referring to ESOP. I know they are very strong on ESOP documentation. Now the issue is they have written they shall pay Rs 4000/- per month for the telephone, but after joining insisted that these calls should be only official calls. I recorded in a few bills personal call portions, which got deducted upfront instantly by the system. Can this be taken as a fraudulent approach by the company? I carry some legal knowledge and feel it can be explored. Just looking for a good advocate.
How long have you worked here?
Regards,
Narendra
[Phone Number Removed For Privacy Reasons]
From India, Mumbai
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Pain is ESOP recovery. But I want to find fault with the appointment letter without referring to ESOP. I know they are very strong on ESOP documentation. Now the issue is they have written they shall pay Rs 4000/- per month for the telephone, but after joining insisted that these calls should be only official calls. I recorded in a few bills personal call portions, which got deducted upfront instantly by the system. Can this be taken as a fraudulent approach by the company? I carry some legal knowledge and feel it can be explored. Just looking for a good advocate.
How long have you worked here?
Regards,
Narendra
[Phone Number Removed For Privacy Reasons]
From India, Mumbai
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Appointment Letter to an Employee for fixed period.doc
Legal Clarification on Non-Performer Termination, Project Based Appointment Letter, Setting UP .pdf