Hi,
Could any give legal standpoint on what a company should do for
1) Gratuity
2) Variable pay
when it sacks its employees.Assume For the gratutity the employee hasnt completed 5 years and for variable pay the employee hasnt completed the full year.(And of course he not leaving on his own.His amount is getting lost because of management decision.)
Also when employer gives termination as 'volantary retirement' are we supposed to accept it (Because no need to explain in other companies) or should we play by rule?
Thanks,
Fire
Could any give legal standpoint on what a company should do for
1) Gratuity
2) Variable pay
when it sacks its employees.Assume For the gratutity the employee hasnt completed 5 years and for variable pay the employee hasnt completed the full year.(And of course he not leaving on his own.His amount is getting lost because of management decision.)
Also when employer gives termination as 'volantary retirement' are we supposed to accept it (Because no need to explain in other companies) or should we play by rule?
Thanks,
Fire