I wanted to ask whether there exists any policy according to which we are liable to break the bond if the company fails to pay the salary on time. Every time we receive our salaries after the 17th or 18th of the month. For example, our March salary would be credited to our account after the 18th or 19th (at the minimum). So kindly reply, can I break the bond since I have already been paid and feel exploited by my organization.
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From India, Pune
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From India, Pune
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The bond as it is, is illegal, and therefore, breaking the bond does not arise. However, if you have entered into a contract with the company and at the same time the company is deviating from the promises, that can be cited as a valid reason for your leaving or terminating the contract of employment. There cannot be any clause in the bond that the company can pay salary at its will, or the employee should not question if there is a delay in the disbursement of salary. If there is any such clause, that is not valid because any contract in contravention of the law is void. In other words, the law (Payment of Wages Act) provides that every employee should be paid salary within seven days of the close of the wage period. If the employer makes an agreement with the employee to the effect that the salary will be paid only after 18 days, that agreement will not be maintainable as it is against the Payment of Wages Act or any other rules made thereunder.
It is always desirable to leave an establishment that delays payment of salary to its employees.
Regards,
Madhu.T.K
From India, Kannur
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4526It is always desirable to leave an establishment that delays payment of salary to its employees.
Regards,
Madhu.T.K
From India, Kannur
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Thank you very much for replying. It was not mentioned earlier that our salaries would be delayed. In short, what would you suggest? Am I liable to break the bond? I have a very good offer in my hands, and my only concern is the bond. Please reply with your advice on what I should do.
From India, Pune
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From India, Pune
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